Somalia's president has appointed a Harvard-educated prime minister who said he would try to revive the country's war-wrecked economy, according to UPI. President Sheik Sharif Sheik Ahmed named Abdiweli Mohamed Ali, who pledged to establish better security, The New York Times reported Friday. Ali, who holds a master's degree in public administration from Harvard, a master's degree in economics from Vanderbilt and a Ph.D. in economics from George Mason University, had been serving as deputy prime minister. He replaces Mohamed Abdullahi Mohamed, forced out of Somalia's transitional government this month in a United Nations-backed deal to resolve an internal political dispute, the Times reported. The president praised Ali, whose academic background is in international trade and public finance. "He is a good man," the president said. "I hope he will improve the situation of Somalia."