World Economic Outlook
Deputy Dean for Faculty and Research and the Professor of Economics; Novartis Chaired Professor of Management and Environment at INSEAD
- Oversaw the PhD program and the Research Development committee at INSEAD
- First Eastern European to become the dean of a leading school
- Focuses on business as the real driver of economic growth
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Professor Ilian Mihov was appointed Dean of INSEAD on October 1, 2013. Before his appointment as Dean, Professor Mihov acted as Interim Dean since March 2013. He served as Deputy Dean since 2011 for Faculty and Research responsible for the recruitment of new faculty, as well as for the development of over 140 professors at INSEAD.
Professor Mihov joined the INSEAD economics area in 1996. He has taught macroeconomics and econometrics in the MBA, EMBA, PhD and many executive education programmes as well as in the Global Leadership Fellows Programme of the World Economic Forum. He has been nominated several times as one of the best teachers in the MBA and EMBA programmes and he has won the Outstanding Teacher Award in 2006, 2008 and 2009.
His research is on topics related to monetary policy, fiscal policy and economic growth. He is also a research fellow at the Center for Economic Policy Research (London, UK). He was a member of the Scientific Committee of the Banque de France's Research Foundation (2002-2010) and of the Advisory Board of the Bulgarian National Bank. In 2010/11 and 2011/12 he served as a member of the World Economic Forum's Global Agenda Council on Fiscal Crises.
Professor Mihov's papers have appeared in many academic journals including the American Economic Review and the Quarterly Journal of Economics. He has given interviews for BBC, CNBC Asia, Agence France Presse, Dow Jones Newswire and many other newspapers and magazines. Professor Mihov is a regular keynote speaker, lecturer and panellist at events organized by the PwC, WEF, KPMG, Hewlett-Packard, Bloomberg, Swiss Re, Alstom, Deutsche Bank, BNP Paribas and other companies.
He holds a PhD degree from Princeton University and a B.S. in business administration from the Moore School of Business at the University of South Carolina where, in 2006, he was recognised as a Distinguished Young Alumnus.
The Rise of Asia: Trends, Risks, Uncertainties, and Opportunities. The world economy is experiencing a unique transformation of historical dimensions. According to the data from the World Bank, in 2011, developing countries, for the first time in over one hundred years, have produced more goods and services than the advanced economies of the world. The magnitude of this seismic shift in economic authority seems on par with the discovery of the New World and the subsequent rise of North America as a major production center.
In this session, Mihov will build a framework for understanding the rapid transformation of the world economy. Using this framework, he assesses the challenges and the opportunities offered by China and India, Brazil and Russia, as well as Vietnam, Turkey and other new growth centers. In addition to analyzing national catalysts or impediments to growth, he will also investigate the role of global forces in shaping the economic well-being of the emerging markets.