Kemal Dervis
Kemal Dervis
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Full Name and Common Aliases
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Full name: Kemal Derviş
Common aliases: None notable
Birth and Death Dates
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Born on September 18, 1949, in Istanbul, Turkey
Still living as of my knowledge cutoff
Nationality and Profession(s)
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Nationality: Turkish
Professions:
- Economist
- Former Deputy Prime Minister and Minister of Finance of Turkey (1995-2002)
- Senior Vice President and Director General for Strategy, Policy and Operations at the World Bank (2005-2009)
Early Life and Background
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Kemal Derviş was born in Istanbul, Turkey, on September 18, 1949. He grew up in a family that valued education highly. His father, Necdet Derviş, was a civil servant who later became a politician. This exposure to politics from an early age likely influenced Kemal's future career choices.
Derviş studied economics at the University of Ankara and later earned his Ph.D. in economics from Johns Hopkins University in 1976.
Major Accomplishments
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During his tenure as Deputy Prime Minister and Minister of Finance (1995-2002), Derviş implemented several economic reforms that transformed Turkey's economy. These included:
Privatization programs to modernize state-owned enterprises
Structural adjustments to increase competitiveness and attract foreign investment
Fiscal policy reforms to reduce debt and improve public finances
As Senior Vice President and Director General for Strategy, Policy and Operations at the World Bank (2005-2009), Derviş worked on high-level strategy development and implementation. He also oversaw the World Bank's operations in Europe and Central Asia.
Notable Works or Actions
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Derviş has authored several books on economics and international development, including:
"The Economics of Transition to a Market Economy" (1998)
* "Globalization and Its Enemies" (2005)
He has also contributed articles to various publications, such as the World Economic Forum's "Global Competitiveness Report".
Impact and Legacy
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Derviş's work in Turkey and at the World Bank has had a lasting impact on economic development. His reforms have helped create a more competitive business environment and increased foreign investment.
As a recognized expert in international economics, Derviş continues to contribute to policy debates through his writings and public appearances.
Why They Are Widely Quoted or Remembered
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Derviş's expertise in economic development and reform has made him a sought-after commentator on global issues. His experience as both a policymaker and an academic has given him a unique perspective on the challenges facing developing countries.
His commitment to evidence-based policy making and his ability to communicate complex ideas clearly have earned him respect from policymakers, business leaders, and academics worldwide.
Quotes by Kemal Dervis
The economic devastation that comes with the physical devastation should not be underestimated,
...if we are to make significant progress on meeting these Goals and stay true to the promise the world made to build a better, fairer world for all, there is no time to lose in putting in place the necessary policies and resources needed to achieve these aims.
Combining valuable insights from his experience in China, his time as the World Bank's chief economist, and the 2008 financial crisis, Justin Yifu Lin's recommendations for development policy reflect an impressive and unique personal journey.
The world has the knowledge, resources, and technology to end extreme poverty, but time is running out.
We should reduce hot money inflow. It is not right to say 'there is nothing that can be done'. State should intervene in the markets. We should accept that there are foreign exchange and monetary policy problems.
We can't continue like this. We can't grow like this, with high debt, high interest rates, ... We can't go on saying: 'let's get a little more aid.'
The (2005) report comes out on September 7 and yes, Norway is ranked as number 1 on the human development index.