Researcher and economist Dr Kannan Vishwanatth was crowned Honoris Causa for economics at the Latvian Academy of Sciences in Riga.

Dr Kannan Vishwanatth at the Latvian Academy of Sciences

Dr Kannan Vishwanatth with the Latvian Academy of Sciences team

Dr Kannan Vishwanatth at the graduation ceremony in Riga, Latvia

Dr. Kannan Vishwanatth was presented Honoris Causa for Economics at the Latvian Academy of Sciences and a permanent member of the Latvian Academy of Sciences in Riga

The world today is undergoing a sea of ​​change. The post-New World Order pandemic coupled with the trade war and the instability of the geopolitical situation will be a new laboratory of innovations in times of crisis”

—Professor Dr. Kannan Vishwanatth

CALIFORNIA, CALIFORNIA, UNITED STATES OF AMERICA, November 5, 2022 / — Academic researcher, economist and founder of Hong Kong Rupus Global Limited & Dr. Ashley’s Limited received the Honoris Causa Prize for Economics at the Latvian Academy of Sciences and was made a permanent member of the Latvian Academy of Sciences in Riga at a graduation ceremony at which attended by members of the Latvian Academy of Sciences. Dr. Kannan Vishwanatth received this distinguished recognition for his outstanding contributions in the field of economics. Dr. Kannan Vishwanatth is engaged in research in areas of the economic implications of the post-pandemic world. “There is significant uncertainty about economic recovery in PEPFAR countries, which will be highly dependent on the future course of the COVID-19 pandemic, economic relief efforts, and vaccine deployment. Currently, in 30 of the 53 PEPFAR countries, less than a third of the population has received at least one dose of the vaccine and only 10 are on track to meet global COVID-19 vaccination targets. The toll of the COVID-19 pandemic on the global economy has been significant, with the International Monetary Fund (IMF) estimating that median global GDP fell 3.9% between 2019 and 2020, making it the worst downturn economy since the Great Depression. While the global economy is estimated to have recovered in 2021, the recovery has been uneven and disparities in vaccine access and coverage could threaten improvement in much of the world,” said Dr. Kannan Vishwanatth.

Dr. Kannan Vishwanatth is also co-author of a book on “smart villages” where he highlighted the downturn in the economy in rural villages in their standard of living. Dr. Vishwanatth is currently co-author of a book on The Road to Economic Recoveries in Hong Kong.

Dr. Kannan Vishwanatth, The Garwood Fellow at University of California, Berkeley – Haas School of Business is an avid researcher with approximately 24 years of pharmaceutical and international business experience. He was awarded the Albert Schweitzer Medal for Science, the Malcolm Adiseshiah Award for Distinguished Studies 2020 and the Dr. APJ Abdul Kalam Excellence Award for Medicine. He received the Academic Professional Award from the American College of Dubai in the United Arab Emirates. He has co-authored and filed 15 worldwide patents on non-infringing products and various processes in antimalarial and anticancer products from plant extracts with expertise in licensing, business development, APIs, Generics, Finished doses.

The Latvian Academy of Sciences succeeds several scientific associations which previously existed in Latvia. Its predecessors are the Kurzeme Society for Literature and Art, founded in 1815 in Jelgava and the Science Commission, founded within the Latvian Society in Rīga in 1869, which in 1932 was reorganized into the Scientific Committee with the status of private academy of sciences. Since 1919, the government of the Republic of Latvia has repeatedly considered the foundation of an official Latvian Academy of Sciences. In 1927, the idea was supported by Rainis, then Minister of Education. In 1935, the intention to establish the Latvian Academy of Sciences was publicly expressed by Prime Minister Kārlis Ulmanis, and on January 14, 1936, by Cabinet law, the Institute of Latvian History was founded as as the first constituent element of this Academy. In Latvia, the Academy of Sciences began its work on February 14, 1946, when the members of the Academy met for their first general assembly. Scientists from the University of Latvia and the Latvian Academy of Agriculture formed the core of the Academy of Sciences. The Latvian Academy of Sciences (LAS) is a derived legal entity under public law in the self-governing public administration system which consists of elected members of the LAS.

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