Bharti Enterprises Chairman and Group CEO, Sunil Mittal has been awarded the Global Economy Prize 2009 by The Kiel Institute Germany.

Other recipients of the award include Prof. Jeffrey D. Sachs, Director of the Earth Institute at Columbia University and Special Advisor to UN Secretary. Previous award recipients include notables such as Dr. Amartya Sen and Dr. Helmut Schmidt.

"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 honoring the outstanding accomplishments of our prize winners, the Kiel Institute seeks to highlight how incentive-based market activity can promote both economic efficiency and social equity,” said a Kiel Institute statement.