October 21, 2021
2 mins read

Gita Gopinath to leave IMF, return to Harvard

Harvard University had extended Gopinath’s 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…reports Asian Lite News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva informed on Wednesday that Gita Gopinath, the Fund’s Chief Economist and Director of the Research Department, intends to leave the Fund in January 2022 and return to Harvard University’s Economics Department.

Harvard University had extended Gopinath’s 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, International Monetary Fund informed in a statement.

In announcing Gopinath intention to retire from the Fund, Georgieva stated that “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”.

“She made history as the first female Chief Economist of the Fund and we benefitted 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,” Georgieva added.

“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.”

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, International Monetary Fund said in a statement.

This work led to the creation of the Multilateral Task Force made up of the leadership of the IMF, World Bank, WTO, and WHO 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.

A US national and overseas citizen of India, Gopinath’s research has been published in many top economics journals. Prior to her appointment as IMF Chief Economist, she was the John Zwaanstra Professor of International Studies and Economics, in the economics department of Harvard. (ANI)

ALSO READ: IMF cuts Asia economy growth forecast

Previous Story

War of words over China’s hypersonic missile test

Next Story

UAE reinforces commitment to India’s energy security

Latest from -Top News

‘Viksit Bharat’: Modi Seeks Diaspora Support

Modi appealed to the diaspora to visit the amazing tourist destinations located in small towns…reports Asian Lite News Spotlighting the country’s march towards becoming a ‘Viksit Bharat’, Prime Minister Narendra Modi on

Saudi Tightens Entry Rules for Pakistanis

Pakistan, along with Afghanistan, remains one of the last two polio-endemic countries in the world…reports Asian Lite News A polio vaccination certificate has been made mandatory for Pakistani citizens travelling to Saudi

Indian Americans Win Key Seats In Virginia

Kannan Srinivasan and J.J. Singh secure pivotal victories in Virginia’s special elections, helping Democrats maintain control amid rising Republican momentum. Two Indian Americans, Kannan Srinivasan and J.J. Singh, emerged victorious in Virginia’s

India, Maldives Deepen Defence Ties In High-Level Talks

Strengthening Neighbourhood Bonds: India and Maldives Chart a Path for Shared Security and Growth In a delegation-level meeting with his Maldivian counterpart, Defence Minister Rajnath Singh underscored India’s commitment to bolstering ties
Go toTop

Don't Miss

Reconsider ‘Flag of Kashmir’ Demand, Indian Americans Warn US University

Students requested displaying flags of occupied peoples, such as Palestinians,

A hectic year ahead for Men in Blue

With the Indian Premier League (IPL) scheduled across April and