Core Team

GDF 2004 Core Team Members

Mansoor Dailami is a lead economist and task manager of  the Global Development Finance 2004 report. Mansoor focuses on policy and institutional aspects of development finance, including multilateral regulatory initiatives, private sector innovations, and official approaches to sovereign debt restructuring. trade liberalization and financial infrastructure. Since joining the Bank in 1986, Mr. Dailami has served in team leader capacity in WBI and in the South Asia region, where he also headed the Economic Unit of the Bank's office in India. Before joining the Bank, he worked at the United Nations Secretariat in New York, the Massachusetts Institute of Technology, and New York University.

Dilek Aykut is an Economist and FDI specialist. Dilek is conducting research on FDI related issues including trends, determinants, South-South FDI, sectoral analysis etc. and maintaining regular contact with colleagues working on FDI in the Bank and other institutions (IMF, OECD, UNCTAD). Dilek's previous experience includes: Consultant, World Bank Trade Department; Graduate Research Fellow, University of Pittsburgh Center for Social and Urban Research; Instructor, University of Pittsburgh, Department of Economics.

Neil Bush is a research analyst and specialist on official flows to developing countries.He is responsible for the monitoring of trends and prospects of concessional and nonconcessional lending from bilateral governments and multilateral organizations. His previous experience includes an examination of the proposed International Finance Facility, the effects of the War and Terror on aid flows and the changing role of Export Credit Agencies. He is on secondment from the Bank of England

Kevin Barnes is a Consultant who works on global capital flows and international capital markets; banking and financial sector issues; emerging markets’ risk analysis; financial architecture and data transparency. Kevin's previous experience includes: Senior Advisor and Director, Comparative Country Analysis and Research Department at the Institute of International Finance; Economic Adviser, UK Treasury/Cabinet Office; Consultant, IMF, Independent Evaluation Office.

Neeltje Van Horen is a Consultant, analyzing the importance of trade credit as a source of finance for firms in emerging markets. Neeltje is examining the evolution and significance of factoring in trade finance. Research in market integration, financial liberalization, contagion, and the role of trade credit in firms' finance. Previously Neeltje worked in the World Bank Research Group.

Himmat Kalsi is a Financial Economist who monitors financing activities of emerging markets in international capital markets and analyzes variety of issues associated with syndicated credit, bond financing, equity placement and structured financing, including that for trade and infrastructure. Assesses prospects and risks in global capital markets and their potential effects on emerging market finance. Maintains relations with network of participants in capital markets and undertakes capital market surveillance missions. In addition, he serves as an institutional anchor for resource and information on capital flows, domestic and international financial markets, investor profiles and country creditworthiness.

Eung Ju Kim is a Research Analyst, focusing on monitoring trends in FDI flows and project finance. His duties include monitoring of trends and prospects of FDI flow and infrastructure & project finance, and preparing commercial debt restructuring appendix and capital flow forecasting as a part of GDF exercise. In addition, he provides diversified sets of data and analytics for senior management briefings and ad-hoc requests. He has also prepared several briefing notes on a variety of issues associated with FDI trends, Brady bonds, Infrastructure finance, and international bond markets. Mr. Kim's previous experience includes examining the impact of sovereign credit ratings on capital flows (wrote a section for GDF 2000) and monitoring trends in privatization activities (for GDF2001); work on several cross-support projects, including lending review & the strategy paper ("Demand for World Bank Lending"), the policy note on the International Development Goal for poverty reduction, and strategic directions paper for SRMVP (Middle-income Countries Task Force Report).

Ratika Narag monitors emerging trends in portfolio equity flows and remittances flows to developing countries in general and emerging markets in Asia and Latin America in particular. Recent research involves the evolution and growth of Exchange Traded Funds. Researches anticipation of financial crisis using credit default swaps and the term structure of international bonds. Ratika's PhD thesis was on financial crises in emerging markets. Ratika's prior experience includes a Teaching Associate and Research Assistant in the Department of Economics, UCLA; an Econometric Modeler/Analyst at GE International Capital Services; and an Executive, Foreign Exchange Division, Bank of Punjab Ltd, India.

Dilip Ratha is a Senior Economist. Dilip writes topical chapters in the GDF, monitors global capital markets, and prepares medium-term forecasts of capital flows to developing countries. His previous experience includes sovereign risk analysis in FINCR, and state enterprise reforms in China in the research department. He has held the position as an Asia Regional Economist with Credit Agricole Indosuez; been an Assistant Professor at the Indian Institute of Management in Ahmedabad; an Economist with The Policy Group in New Delhi; and a Lecturer at the Indian Statistical Institute also in New Delhi.

William Shaw is a Consultant. William has managed past issues of Global Development Finance and Global Economic Prospects, and written on various policy issues in international finance, including aid, sovereign bankruptcy, inter-industry trade, and the impact of the Internet on developing economies. From 1988-95 he worked in operations, on Bolivia, Tanzania, and private sector development issues in the Caribbean. He joined the Bank’s research department in 1980.

Annette De Kleine is an Economist, and co-author of the Global Economic Outlook chapter of the Global Development Finance. Annette's main responsibilities include the medium-term country forecasts for the ECA region, which are published in Global Economic Prospects and Global Development Finance reports, scenario analysis, and occasional cross-support on topics such as Turkey in the global economy, financial fragility of ECA countries seeking accession to the EU, and managing global integration in the MENA region. Prior to joining DECPG in 1998, she worked in country operations in the ECA region on Turkey and FYR Macedonia. Before joining the World Bank in 1995, she worked for the WEFA Group, Bank in Liechtenstein, and for the U.S. Department of Commerce, Bureau of Economic Analysis. She holds a M.A. in Economics from The American University.

Hans Timmer is the Lead Economist and manager of the Global Trends team in the Bank’s Development Prospects Group. Hans supervised the production of chapter 1 "Global Outlook and the Developing Countries" on this year's Global Development Finance. He is responsible for short-term monitoring, medium-term forecasting and policy analysis, and long-term scenario analysis of the global economy. Before joining the Bank in May 2000, he was head of international economic analysis at Central Planning Bureau (CPB) for ten years. In this role, he supervised the development of two world models: a long-term model of the world economy, and an econometric medium-term model of OECD economies. He has had a vast experience working with the European Commission, IPCC and the OECD, as well as with the Indian Planning Commission and the Chinese Academy of Social Sciences. He has participated in international modeling groups like LINK and GTAP. Mr. Timmer studied Econometrics at Erasmus University Rotterdam. He has been a researcher at the University of Lodz in Poland and at the Netherlands Economic Institute.