Jomo Kwame Sundaram () (born 1 December 1952), fondly known just as Jomo, is a prominent Malaysian economist. He is a senior adviser at the Khazanah Research Institute, visiting fellow at the Initiative for Policy Dialogue, Columbia University, and an adjunct professor at the International Islamic University (IIUM).
Education
Jomo spent his early years studying at Westlands Primary School (1959–63), the Penang Free School (1964–66) and the Royal Military College (1967–70), when he was selected as Malaysia's delegate to the World Youth Forum in 1970.
After graduating cum laude from Yale with a major in economics, Jomo went to the Harvard Kennedy School at Harvard University and received his MPA in 1974 and then his PhD, before returning to teach in Malaysia at the Science University of Malaysia (USM). Jomo then returned to Harvard to complete his doctorate in late 1977 while teaching at Yale, after earlier teaching stints at Harvard during 1974 and 1975 in the economics department, the social studies program and the Kennedy Institute of Politics. In mid-1982, Jomo moved to the University of Malaya, where he remained until 2004. He was a British Academy Visiting Professor and later visiting fellow at Cambridge (1987–88, 1991–92), Fulbright Visiting Professor at Cornell University (1993) and visiting senior research fellow at the Asia Research Institute, National University of Singapore (2004).
Career and UN works
Jomo was the founder-director of the Independent Institute of Social Analysis (INSAN) (1978–2004), editor of the monthly bilingual magazine, Nadi Insan (Human Pulse) (1979–1983), president of the Malaysian Social Science Association (1996–2000) and the convenor of the first and second International Malaysian Studies Conventions (1997, 1999). He was the founder chair (2001–2004) of International Development Economics Associates and has also served on the board of the United Nations Research Institute on Social Development, Geneva.
Before joining the UN, Jomo was already recognized as an outspoken intellectual, with unorthodox non-partisan views. Before the Asian financial crisis in 1997–98, Jomo was an early advocate of appropriate new capital account management measures, which then prime minister Mahathir Mohamad later introduced. When then deputy prime minister Anwar Ibrahim was imprisoned without trial under the Internal Security Act, Jomo publicly condemned the repression. In late 1998, he was sued for defamation for 250 million ringgit by Vincent Tan, a Mahathir era billionaire, who later dropped the case after almost a decade.
Jomo was also a member of the National Economic Consultative Council during 1989–1991 when he worked on post-New Economic Policy or post-1990 policy reform proposals. Since the 1970s, he has worked with government ministries, business organisations, trade unions, and civil society organisations. Since the 1980s, he has also worked with many international organisations.
While at the United Nations' Department of Economic and Social Affairs, Jomo led the response to the 2005 Summit call to help Member States develop national development strategies to achieve the internationally agreed development goals, while promoting their greater coherence as the United Nations Development Agenda. Jomo has tried to ensure greater UN system-wide collaboration in report preparation including the annual World Economic and Social Survey and biennial Report on the World Social Situation.
Jomo was also a Research Coordinator for the G24 Intergovernmental Group on International Monetary Affairs and Development during 2006–2012. During 2008–2009, he served as adviser to Father Miguel d'Escoto Brockmann, president of the 63rd United Nations General Assembly. Together with the Bank of International Settlements, the UN and the G24 – under his leadership – have been acknowledged as the only international organizations who warned of the impending 2007–2009 crisis. In response to the crisis, he initiated the UN system-wide supplementary Macroeconomic Advisory Capacity to offer 'second opinions' on appropriate policy responses emphasizing economic recovery and employment generation, served as a member of the Stiglitz Commission of Experts of the president of the UN General Assembly on Reforms of the International Monetary and Financial System during 2008–2009, and led a parallel effort for the G24 to articulate international financial system reform proposals.