2014 Global Economy Prize
The award ceremony of the 2014 Global Economy Prize took place at 11.30 a.m. on June 22nd at the venue of the the Chamber of Commerce in Kiel.
(from left to right: Klaus-Hinrich Vater, Torsten Albig, Richard Thaler, Ellen Johnson Sirleaf, Kiran Mazumdar-Shaw, Dennis Snower, Hans-Werner Tovar, Ulf Kämpfer, Hans Heinrich Driftmann, Brigitte Zypries)
The Kiel Institute is proud to announce the winners of its 2014 Global Economy Prize:
President of Liberia
Ellen Johnson-Sirleaf, born in 1938 in Liberia, currently is the 24th President of Liberia and the first elected female Head of State in Africa. She was re-elected in 2011 to a second and final term of office. Mrs Johnson Sirleaf shared the Nobel Peace for Prize with fellow Liberian Leymah Gbowee and Tawakkul Karman of Yemen in 2011. In 2012 she was appointed to one of three co-Chairs of a High Level Panel of Eminent Persons on the Post-2015 Development Agenda by the Secretary-General of the United Nations. more...
Richard H. Thaler
American Economist and Professor at the University of Chicago
Richard H. Thaler, born 1945 in East Orange, New Jersey, USA, is a professor at the University of Chicago. He provides advice to President Obama and Prime Minister Cameron and is especially recognized for his research on behavioral economics. Thaler began his academic career at Case Western Reserve University in Cleveland from which he received his Bachelor degree in 1967. He obtained a Master’s degree (1970) and a Ph.D. (1974) from the University of Rochester. more...
Kiran Mazumdar-Shaw, born 1953 in Bangalore, India, is chairman of Biocon Limited, a Bangalore based biotech enterprise. Forbes magazine lists her among the 100 most powerful women and the Financial Times prizes her as one of the 50 best performing women in the economy. After graduating (BSc.) in Zoology from Mount Carmel Colllege, Bangalore, Kiran Mazumdar-Shaw went to Australia’s Ballerat College of Advanced Education (today: University of Ballerat) to become a master brewer. more...
In their distinctive ways, each of this year’s prize winners reflects the objectives of the Kiel Institute Global Economy Prize. The Prize is meant to promote a creative voice heard in the frequently sterile public debate on the future of the global economy. It is neither the voice of ruthless, unconstrained market forces, nor the voice of indiscriminate government intervention. Instead, in honoring the outstanding accomplishments of our prize winners, the Kiel Institute seeks to highlight how incentive-based market activity can promote both economic efficiency and social equity.