Indian Born Gita Gopinath Appointed Chief Economist | The International Monetary Fund

Indian Born Gita Gopinath Appointed Chief Economist

Indian Born Gita Gopinath Appointed Chief Economist | The International Monetary Fund

Gita Gopinath who graduated from the Delhi School of Economics holds a Ph.D. in economics from Princeton University.

Gita Gopinath, presently a professor at Harvard University, has been appointed chief economist of the IMF (International Monetary Fund).




Indian Born Gita Gopinath Appointed Chief Economist will fill the shoes of Maurice Obstfeld, who announced his retirement in July. Christine Lagarde, Managing Director of IMF considers Gita as one of the world’s outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience, as stated in the press statement.

She was formerly employed as a co-director at the National Bureau of Economic Research in the International Finance and Macroeconomics Program. She was also the co-editor of The current Handbook of International Economics and the American Economic Review.

At Harvard University Ms. Gopinath is the John Zwaanstra Professor of Economics and of International Studies.

She will take the International Monetary Fund post at a time when the world is going through a phase of increased protectionism and trade wars, a trend she despises.

She says trade war would be unsettling not only for trade but whole lot of other economic variables including the most sensitive ones, like: interest rates, inflation, and central banks.

She would be the 1st Indian to be occupying the prestigious post at IMF after former Reserve Bank of India governor Raghuram Rajan.

Gopinath had articulated her disbelief when Rajan did not pursue the 2nd term for the post of RBI governor. However, she was quite impartial when she evaluated Rajan’s role as the governor when he finished his second year at Mint Road.

In her own words “No one is flawless, but Rajan would be quite close to as good as it gets,”.

 

Indian Born Gita Gopinath Appointed Chief Economist
Indian Born Gita Gopinath Appointed Chief Economist

Along with her educational projects, she is also advisor to Pinarayi Vijayan (The CM of Kerala). She lately advised the Kerala state government to be far more judicious on the expenditure front.

When she was selected by the Kerala government, she was labelled as being neo-liberal by hardliners.

To this, Gopinath had responded that she considers herself a trained technocrat and an economist, who rubbishes all ideological labels.

At a time when the Rupee is stressed and slipping in every attempt to regain its value against dollar, Gopinath has her piece of advice — “Usually, legislators might consider what they call a trade weighted exchange rate. And what my research suggests is that you want to duly consider to the exchange rate relation to the dollar, doesn’t matter who you trade with or how the exchange rate fluctuates.”




Trending: Indian Born Gita Gopinath, Gita Gopinath Chief Economist at IMF, Gita Gopinath Delhi School of Economics, Gita Gopinath Ph.D. in economics, Gita Gopinath Princeton University, Gita Gopinath, Gita Gopinath Harvard University, Gita Gopinath International Monetary Fund, Maurice Obstfeld IMF, Christine Lagarde IMF, Gita Gopinath outstanding economist, Gita Gopinath National Bureau of Economic Research, Gita Gopinath International Economics, Gita Gopinath American Economic Review, Gita Gopinath Zwaanstra Professor of Economics, Gita Gopinath Zwaanstra Professor, Gita Gopinath and Raghuram Rajan, Rghuram Rajan RBI governor, Gita Gopinath advisor to Pinarayi Vijayan, Gita Gopinath Kerala state government, Gita Gopinath on trade weighted exchange rate, Indian Born Gita Gopinath Appointed Chief Economist

 

Sources:  economictimes, thehindu

Why read about this on Paandu?

 

Spread the love

Related posts

1,867 Thoughts to “Indian Born Gita Gopinath Appointed Chief Economist | The International Monetary Fund”

  1. Throughout this awesome design of things you actually receive an A+ for effort and hard work. Where you confused us was first on your specifics. You know, as the maxim goes, details make or break the argument.. And it couldn’t be much more correct in this article. Having said that, let me tell you precisely what did give good results. The writing is certainly really powerful and this is possibly the reason why I am making the effort in order to opine. I do not really make it a regular habit of doing that. Second, despite the fact that I can easily see the leaps in reasoning you make, I am definitely not convinced of exactly how you appear to connect your points which inturn produce the conclusion. For the moment I will, no doubt subscribe to your issue however wish in the foreseeable future you connect your dots better.

  2. I just want to tell you that I am beginner to blogs and certainly loved your web page. More than likely I’m want to bookmark your website . You absolutely come with awesome articles and reviews. Thanks a lot for sharing with us your website.

Leave a Comment