At hooding ceremony, doctoral graduates urged to solve the world’s “toughest challenges”

Thursday, June 2, 2016 - 15:20 in Mathematics & Economics

Former Nigerian Minister of Finance Ngozi Okonjo-Iweala MCP ’78, PhD ’81 urged MIT’s newly minted doctoral graduates to solve “the world’s toughest challenges,” in a keynote speech at the Institute’s 2016 Investiture of Doctoral Hoods on Thursday. Okonjo-Iweala, a development economist and former high-ranking World Bank official, outlined a list of pressing global issues that will require a concerted public effort, now and in decades to come: sustaining economic growth, reducing economic inequality, limiting climate change, providing global access to water, tackling new health problems, and managing the global shift to a more urban-oriented society. “They are real challenges,” Okonjo-Iweala said. However, she added, “Every challenge presents an opportunity.” Okonjo-Iweala mixed serious observations about the state of the world with humorous asides, and reminisced about her own time as a graduate student at MIT, where she received a degree in regional economics and development from MIT’s Department of Urban Studies and Planning. The value...

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