IMF Chief Economist Gita Gopinath to leave job and return to Harvard University
- United States
IMF Managing Director Kristalina Georgieva on Tuesday announced that the search for Gopinath’s successor would begin shortly.
“Gita’s contribution to the Fund and our membership has been truly remarkable - quite simply, her impact on the IMF’s work has been tremendous,” Georgieva said.
Mysuru-born Gopinath is the first-ever woman Chief Economist of the IMF.
Harvard University had extended her leave of absence on an exceptional basis by one year, which has allowed her to serve as Chief Economist at the IMF for three years.
“She made history as the first female Chief Economist of the Fund and we benefited immensely from her sharp intellect and deep knowledge of international finance and macroeconomics as we navigate through the worst economic crisis since the Great Depression.
“Gita also won the respect and admiration of colleagues in the Research Department across the Fund, and throughout the membership for leading analytically rigorous work and policy-relevant projects with high impact and influence,” Georgieva said.
The IMF said that as part of her many significant initiatives, Gopinath co-authored the “Pandemic Paper” on how to end the COVID-19 pandemic that set globally endorsed targets for vaccinating the world.
This work led to the creation of the Multilateral Task Force made up of the leadership of the IMF, the World Bank, the World Trade Organisation and the World Health Organisation to help end the pandemic and the establishment of a working group with vaccine manufacturers to identify trade barriers, supply bottlenecks, and accelerate delivery of vaccines to low- and lower-middle income countries, the IMF said in a statement.
Among her other key accomplishments, Gopinath helped set up a Climate Change team inside the IMF to analyse, among other things, optimal climate mitigation policies.
“I would like to express my personal appreciation to Gita for her impressive contributions, her always wise counsel, her devotion for the mission of the Research Department and the Fund more broadly, as well as her widely recognised inclusive and accessible approach to colleagues and staff,” Georgieva added.
Born in December 1971 to Malayalee parents, Gopinath had her schooling in Kolkata and graduated from the Lady Shri Ram College of Commerce in Delhi. She did Masters from the Delhi School of Economics as well as from the University of Washington.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Delhi School of Economics
- Ben Bernanke
- World Health Organisation
- “Pandemic Paper”
- Harvard University
- Great Depression
- University of Chicago
- Gita Gopinath
- Lady Shri Ram College of Commerce
- Princeton University
- Kenneth Rogoff
- World Trade Organisation
- International Monetary Fund
- Pierre-Olivier Gourinchas