Indian Professor Appointed IMF Chief

Business Desk

The International Monetary Fund (IMF) has appointed Gita Gopinath, a professor at Harvard University, as their chief economist.

Ms. Gopinath will succeed Maurice Obstfeld, who announced his retirement in July. In her statement, IMF Managing Director Christine Lagarde lauded Ms. Gopinath’s credentials.

“Gita is one of the world’s outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience. All this makes her exceptionally well-placed to lead our Research Department at this important juncture. I am delighted to name such a talented figure as our Chief Economist.”

Ms. Gopinath studied at the Delhi School of Economics and holds a Ph.D. in economics from Princeton University. She has previously worked as a co-director of the International Finance and Macroeconomics Program at the National Bureau of Economic Research. She has also served as the co-editor of The American Economic Review and the current Handbook of International Economics.

Interestingly, the appointed comes at a time when Pakistan us considering an IMF bailout package. Relations between India and Pakistan have been tense since India recently rejected talks with Pakistan on the sidelines of the UN General Assembly.

Whether this decision will impact Pakistan’s decision to go to the IMF remains to be seen.

 

Leave a Reply

Your email address will not be published. Required fields are marked *