Homi Kharas

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Homi Kharas is a British economist who has been a Senior Fellow and Deputy Director for the Global Economy and Development program at the Brookings Institution since 2005.[1]

Early life and education[]

Kharas holds a PhD in economics from Harvard University and has an M.A. and B.A. from King's College, University of Cambridge.

Career[]

World Bank[]

Kharas spent 26 years at the World Bank, serving for seven years as chief economist for the World Bank’s East Asia and Pacific region[2] and as Director for Poverty Reduction and Economic Management, Finance and Private Sector Development. Along with Indermit Gill, he developed the novel concept of 'middle income traps'.

From 1990-1991, Kharas was a Senior Partner with Jeff Sachs and Associates, advising governments in Eastern Europe and the Soviet Union on transition.

Brookings Institution[]

Kharas began his career at the Brookings Institution in 2005 at the Wolfensohn Center for Development, where he pioneered foreign aid reform analyses, measuring the volatility of aid,[3] quality of foreign aid,[4] new players in development, including individuals and foundations, and helped develop the Center's strategy along that of the Global Economy and Development Program. Kharas is a recognized foreign aid expert and has advised donors, foundations and emerging/developing country governments on best practices in the area.

Kharas is principal investigator of a number of grants to Brookings, including the Bill & Melinda Gates Foundation sponsored, Ending Rural Hunger and Brookings Blum Roundtable, to name a few.

He has served as the lead author and executive secretary of the secretariat supporting the High Level Panel, co-chaired by Ellen Johnson Sirleaf, Susilo Bambang Yudhoyono and David Cameron, advising United Nations Secretary General Ban Ki-moon on the Post-2015 Development Agenda (2012-2013). The report, “A New Global Partnership: Eradicate Poverty and Transform Economies through Sustainable Development”[5] was presented on May 30, 2013, and served as the basis for Sustainable Development Goals discussions.

He has recently served as a member on the International Panel Review Committee on Malaysia’s economic and governance transformation programs (2012); the post-Busan Advisory Group to the Organisation for Economic Co-operation and Development's Development Assistance Committee co-chairs (2011); the National Economic Advisory Council to Prime Minister Najib Razak of Malaysia (2009–10); and a member of the Working Group for the Commission on Growth and Development, chaired by Professor A. Michael Spence (2007–10).[6] He was a Non-Resident Fellow of the OECD Development Centre (2009). In June 2021, he was appointed to the World Bank–International Monetary Fund High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth, co-chaired by Mari Pangestu, Ceyla Pazarbasioglu, and Nicholas Stern.[7]

Publications[]

Kharas' most recent co-authored books are: The Last Mile in Ending Extreme Poverty (Brookings Press, 2015); Getting to Scale: How to Bring Development Solutions to Millions of Poor People (Brookings Press, 2013); After the Spring: Economic Transitions in the Arab World (Oxford University Press, 2012); Catalyzing Development: A New Vision for Aid (Brookings Press, 2011); and Delivering Aid Differently (Brookings Institution Press, 2010) . He has published articles, book chapters and opinion pieces on global development policy, global trends, the global food crisis, international organizations, the G20, the DAC and private philanthropy.

References[]

  1. ^ Brookings Institution, Fellows, URL: http://www.brookings.edu/experts/kharash
  2. ^ World Bank raises East Asia growth outlook New York Times, April 28, 2005.
  3. ^ Kharas (2006), Measuring the volatility of aid, Brookings Working Paper, available at: http://www.brookings.edu/research/papers/2008/07/aid-volatility-kharas
  4. ^ Kharas et al, Quality of Official Development Assistance (QuODA), available at: "Archived copy". Archived from the original on 2016-03-04. Retrieved 2015-09-16.CS1 maint: archived copy as title (link)
  5. ^ United Nations (2013), Post 2015 Development HLPE Report, available at: http://www.post2015hlp.org/the-report/
  6. ^ Commission on Growth and Development, available at: http://go.worldbank.org/LS3NIIIJF0
  7. ^ World Bank, IMF Launch High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth International Monetary Fund, press release of June 15, 2021.

External links[]

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