Gita Gopinath who was born in Mysore has become the first female chief economist of International Monetary Fund. She joined IMF last week and she believes that the world is experiencing the retreat from globalisation, posing challenges to multilateral institutions.
Gita Gopinath has recently been named as the John Zwaanstra Professor of International Studies and Economics at Harward University. Her research mainly focuses on International Finance and Macroeconomics. She is a visiting scholar at the Federal Reserve Bank Of Boston. Gita Gopinath is also Managing Editor of the Review of economic studies and co-editor of the International Economics. She has chosen as a young global leader by the World Economic Forum in the year 2011. She also served as a member of the Eminent Persons Advisory Group on G-20 Matters for India’s Ministry of Finance. Gita Gopinath completed B.A. from the University of Delhi in the year 1992, and M.A. from the Delhi School of Economics in the year 1994. She received her PhD in economics from Princeton University in 2001.
IMF Managing Director Christine Lagarde described her “as one of the world’s outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience”.
Gita Gopinath became the 11th chief economist of the International Monetary Fund.
While giving a recent interview to the Haward Gazette, the Mysuru-born Gita Gopinath called the appointment “tremendous honour” and credited Christine Lagarde for the opportunity.
The Harvard professor Gita Gopinath said that she would like the IMF to continue to be a place that provides intellectual leadership on important policy questions. “Among the research issues that I would like to push, one would be understanding the role of dominant currencies like the dollar in international trade and finance.”
She also mentioned in a statement that “While the trade has reduced global poverty and raised livelihoods, its consequences for inequality, and on whether the rules of engagement are fair, are real concerns that need to be addressed.”