Paul Romer of New York University’s Stern School of Business has been selected to become the next chief economist of the World Bank. Romer currently is director of the NYU Marron Institute of Urban Management and founding director of the NYU Stern Urbanization Project. His appointment was effective in September.
Romer’s work on long-term growth fuels his belief that people can achieve enormous economic gains from interaction and collaboration, particularly within thriving cities. The Marron Institute is dedicated to improving urban management by working with civic innovators to make cities safer, healthier, and more mobile and inclusive.
Says Romer, “My new role at the World Bank will provide me with a unique chance to learn about the thing that fascinates me most—producing knowledge that benefits billions of people.”