Gita Gopinath, chief economist of the International Monetary Fund (IMF) will leave her post in January, 2022, Kristalina Georgieva, IMF managing director announced on Tuesday. The 49-year-old prominent Indian-American economist will return to the Harvard University as planned when her public service leave of absence from the university ends, the Fund said.
Gopinath was the first-ever woman chief economist of the International Monetary Fund (IMF). She joined the fund in October 2018 and led new IMF analytical research on the COVID-19 pandemic and vaccination targets as well as on climate change mitigation.
“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,” IMF said.
IMF managing director cited Gopinath’s “tremendous” impact on the IMF’s work while announcing her leave. “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 in a statement.
Gopinath played a key role in drafting a $50 billion proposal on ending Covid-19 pandemic by vaccinating at least 40 per cent people of all countries by the end of 2021 and at least 60 per cent by the first half of 2022. Her proposal won praise and later endorsed by the World Bank, the World Trade Organization and the World Health Organization.
“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,” she further added.
Before joining IMF as a chief economist, Gopinath was the John Zwaanstra Professor of International Studies and Economics at Harvard University. Her leave from Harvard, already extended by one year, was ending, and her family had remained in Boston, according to Reuters.
Describing Gopinath’s appointment as the first female to occupy the top position in IMF, then managing director Christine Lagarde saod the she is “one of the world’s outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience.”Internet Explorer Channel Network