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Austan Goolsbee

Professor of Economics
Chicago, USA
Austan Goolsbee
Professor of
Chicago, USA
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1. What does it mean to you to have been selected as a "Global Leader for Tomorrow"?

I was humbled by how accomplished all the other GLTs are but excited to get to meet them. The discussions look to be quite spirited.

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2. You have been selected by the World Economic Forum for what you have already done in your life, "holding positions of considerable power, influence and responsability". What are the 3-5 things you are most proud of?

Besides my family, I am most proud of my academic work on the foundations and workings of the information economy. The others things would be various times I have been able to help in the policy making process such as serving as a member of the Macroeconomic Task Force for Polish Economic Restructuring, advising the United States Commission on Electronic Commerce, and serving as special consultant to the U.S. Department of Justice for Internet Policy.

3. The World Economic Forum is "committed to improving improve the state of the world". You will participate in shaping tomorrow's world. What impact would you like to have?

I think economics is critically important for the development and progress of the world. I would like to help in anyway that I can to make better economic and technology policy. I think it is almost as important, though, for us to improve our understanding of these issues and that academic research is the main way that we improve our understanding.

4. The World Economic Forum is also a forum to discuss the present state of the world economy. What is the analysis you would give?

The slowdown of the world economy has little to do with the Internet bubble. It is much more of a conventional slowdown. The promise of higher productivity from information technology and from the Internet is still to be realized. Business must start preparing now for the next level of technology. By the time the slowdown is over, it will be too late to catch up. My greatest fear is that the slowdown leads people in emerging markets where the economies are sputtering or alienated workers in developed countries to seek to reign in international trade. Ending the flow of goods and ideas across countries would be devastating.

Austan Goolsbee
Professor of Economics
University of Chicago, USA

Nationality: USA

Born: 1969

Professional Profile: Graduate School of Business

Personal Profile: Education: M.A and B.A from Yale University in 1991 Leading expert on the economics of the Internet. Youngest professor in the history of University of Chicago

Extensive academic writings and awards. Outstanding faculty/star professor, Business weeks Biennal 1999; Phoenix Award,Chicago GSB 1998
Served in important advisory roles in the USA

Dieser Artikel ist erschienen am 31.01.2002