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Wins The Kiel Institute Global Economy Prize 2009

Sunil Bharti Mittal, Chairman and Group CEO, Bharti Enterprises, has been awarded the Global Economy Prize by The Kiel Institute (Germany).

The Global Economy Prize is awarded annually to an economist, a politician, and a businessperson who have made on outstanding contribution to establishing a just and protective society based on individual initiative and responsibility

Sunil Bharti Mittal

The Global Economy Prize is awarded annually to an economist, a politician, and a businessperson who have made on outstanding contribution to establishing a just and protective society based on individual initiative and responsibility.

Mittal is one among this year’s award- winners. The list includes Prof. Jeffrey D. Sachs, Director of the Earth Institute at Columbia University and Special Advisor to UN Secretary. Previous award recipients include Dr. Amartya Sen and Dr. Helmut Schmidt.

According to a message on the Kiel institute website: “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 honouring the outstanding accomplishments of our prize winners, the Kiel Institute seeks to highlight how incentive-based market activity can promote economic efficiency and social equity.”

The Kiel Institute is an international centre for research in global economic affairs, economic policy consulting, economic education and documentation. The Institute engages in creating solutions to urgent problems in global economic affairs.

On the basis of its research, the Institute advises decision-makers and informs the broader public about important developments in international economic policy.

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