According to the global financial institution, IMF chief economist Gita Gopinath will quit her job in January next year and return to the prestigious Harvard University.
49-year-old prominent Indian-American economist joined the International Monetary Fund (IMF) as Chief Economist in January 2019.
When she joined the Washington-based global lender, she was the John Zwanstra Professor of International Studies and Economics at Harvard University.
IMF Managing Director Kristalina Georgieva announced on 19 October that the search for Ms. Gopinath’s successor would begin shortly.
“Gita’s contribution to the fund and to our membership is truly remarkable – quite simply, her influence on the work of the IMF has been tremendous,” said Ms. Georgieva.
Mysore-born Gopinath is the first woman chief economist of the IMF.
Harvard University extended his leave of absence by one year on extraordinary grounds, allowing him to serve as chief economist at the IMF for three years.
“She made history as the fund’s first female chief economist and we benefit greatly from her sharp wit and in-depth knowledge of international finance and macroeconomics as we navigate the worst economic crisis since the Great Depression.
Georgieva said, “Gita also won the respect and admiration of colleagues in the research department throughout the fund, and while mentoring for analytically rigorous work and policy-relevant projects with high impact and impact.”
The IMF said that as part of its many important initiatives, Ms Gopinath co-authored the “Pandemic Paper”, which outlined a globally supported target to vaccinate the world for the COVID-19 pandemic. how to terminate.
This work led to the creation of a multilateral task force led by the IMF, the World Bank, the World Trade Organization and the World Health Organization to help end the pandemic, and the establishment of a working group with vaccine manufacturers. Trade barriers, supply constraints and accelerate the delivery of vaccines to low- and lower-middle-income countries, the IMF said in a statement.
Among her other major achievements, Ms. Gopinath helped set up a climate change team within the IMF to analyze, among other things, optimal climate mitigation policies.
“I give my personal appreciation to Geeta for her influential contributions, her always wise mentor, her devotion to the mission of the research department and more widely to fund her, as well as her widely recognized inclusive and accessible approach to co-workers and employees. want to express,” said Ms. Georgieva.
Born in December 1971 to Malayali parents, Ms. Gopinath did her schooling in Kolkata and graduated from Lady Shri Ram College of Commerce, Delhi. He did his Masters from the Delhi School of Economics as well as the University of Washington.
Ms. Gopinath earned her PhD in economics from Princeton University in 2001 and was mentored by Kenneth Rogoff, Ben Bernanke and Pierre-Olivier Gourinches.
She joined the University of Chicago in 2001 as an assistant professor before moving to Harvard in 2005. She became a working professor there in 2010.
She is the third woman in Harvard’s history to be a working professor in its respected economics department and the first Indian after Nobel laureate Amartya Sen to hold the position.
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