Chinese professor named World Bank chief economist The World Bank has named Justin Lin Yifu, who defected from Taiwan and rose to become a top economic strategist for communist China, its chief economist -- the first time a Chinese has held the job. Stiglitz says GDP may be poor indicator of economy Joseph Stiglitz, the Nobel laureate economist tapped to head a new French study, said Tuesday he sees gross domestic product (GDP), the most often cited yardstick, as an imperfect indicator.
|