You are here

War over words erupts as World Bank star economist sidelined

Paul Romer relinquishes oversight of the Development Economics Group, the research hub of the development lender
Saturday, May 27, 2017 - 05:50

42706054.1 (42707534) - 26_05_2017 - woromer27.jpg
The World Bank's chief economist has been stripped of his management duties after researchers rebelled against his efforts to make them communicate more clearly, including curbs on the written use of "and". Paul Romer is relinquishing oversight of the Development Economics Group, the research hub of the Washington-based development lender, according to an internal staff announcement dated May 9 seen by Bloomberg. Kristalina Georgieva, the chief executive for the bank's biggest fund, will take over management of the unit on July 1.

Washington

THE World Bank's chief economist has been stripped of his management duties after researchers rebelled against his efforts to make them communicate more clearly, including curbs on the written use of "and". Paul Romer is relinquishing oversight of the Development Economics

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom