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Secretary Lew in Cairo: More Jobs for Egyptians or More of the Same?

Treasury Secretary Lew was in Egypt today, meeting with Egyptian finance minister Hany Dimian and central bank governor Hisham Ramez to discuss, among other things, Egypt’s renewed focus on economic reform.  Pro-poor policies, support for small and medium enterprises, and meeting the demands of Egypt’s youth for political and economic freedom should be central to the Secretary’s message.

Congratulations, Arvind Subramanian

This morning (Thursday) came the news that Arvind Subramanian, a joint fellow at CGD and at the Peterson Institute for International Economics, is being appointed Chief Economic Advisor to the government of India. This appointment (for our American readers), is more or less equivalent to being the head of the US President’s Council of Economic Advisors. The current Chief Economist of the World Bank, Kaushik Basu, is a former CEA in India, and the current head of India’s Reserve Bank, Raghuram Rajan is a former CEA. (In Arvind’s case, I dearly hope he will be back at CGD—and yes PIIE—here in Washington within a few years.)