AERC Named World’s Most Transparent Think Tank

Professor Lemma Senbet is the Executive Director of the African Economic Research Consortium (AERC) in Nairobi. He is currently on leave from the University of Maryland, College Park. (Courtesy photo)

Tadias Magazine
By Tadias Staff

Published: Sunday, February 22nd, 2015

New York (TADIAS) — The Nairobi-based African Economic Research Consortium (AERC) led by Ethiopian-American Economist, Professor Lemma Senbet, has received the highest possible rating as the most transparent think tank in the world. According to a report released by Transparify AERC is one of 31 major centers of research worldwide, out of 169 examined, that was given a five-star rating. The list includes several American policy research establishments such as the Center for Global Development, Pew Research Center, Stimson Center, Woodrow Wilson Center and the World Resources Institute.

“We are delighted with this top transparency ranking,” Dr. Lemma, AERC’s Executive Director, said in a statement. “AERC endeavors to observe best global practices in everything it does, and it is encouraging that our outstanding efforts are receiving global acknowledgment.”

Dr Hans Gutbrod, Executive Director of Transparify, said in a press release that “Think tanks can play a positive role producing independent, in-depth policy research to inform politicians, media and the public.” Gutbrod noted: “As key players in democratic politics, they have a responsibility to be transparent about their operations. Encouragingly, our survey shows that think tanks themselves are increasingly sharing this view.”

“While we cherish the global think tank rankings, we also wish to recognize that AERC is not just a think tank,” said Professor Lemma who was appointed two years ago as head of AERC following an international search for the position. Prior to that he served as Chair Professor of Finance at the University of Maryland, College Park. “[AERC] is a think tank plus,” he said, “with multiple arms, including research, collaborative graduate training, and policy outreach with heavy emphasis in capacity building.”

Related:
Five Questions for Prof. Lemma Senbet
Tadias Interview with Professor Lemma Senbet: New Head of AERC

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