Dr. Hemant Panda | Professor and Principal
Gita Gopinath is an Indian American economist, who is famous for a number of things of which she is quite famous for being the first deputy director general of the International Monetary Fund. Gita had a vast knowledge of economics and extensive experience in the field. She had a 2-decade-long career as an academician in the field of economics at Harvard University where she was a Zwaanstra professor for international studies and economics.
Earlier, as an assistant professor at the University of Chicago Booth School Of Business, Gita also worked as an honorary economic adviser to the Kerala government.
Gita was appointed as the chief economist of the IMF in October 2018 this was Gita’s first role in the IMF. In December 2021 she was appointed as the first deputy managing director of the IMF which is the second highest position of the IMF.
Gita was always very much indulged in economics from a very young age. In 1992, Gopinath got her BA degree in economics from the prestigious Delhi University in 1996, she earned her master’s degree from the Delhi School of Economics. She got her second master’s degree in economics from the University of Washington. In 2001 she earned her Ph.D. D from Princeton University.
She is also well known for some of the high-quality paper publications such as the “Pandemic Paper” which is basically concentrated on how to end the COVID-19 pandemic and set globally endorsed targets for vaccinating the world.
This paper was very crucial for the set up of a multilateral Task Force made up under the leadership of the IMF, World Bank, WTO, and WHO to help end the pandemic and the establishment of a group in association with the vaccine makers to identify trade barriers, supply bottlenecks, and accelerate delivery of vaccines to low and lower-middle-income countries. Which was one of the greatest achievements of her career. She is also responsible for creating the climate change team inside the IMF to analyze.
As the first deputy managing director of the IMF Gopinath represents the fund at multilateral forums and maintains high-level contacts with member governments and board members. The media and other institutions lead the fund’s work on surveillance and related policies, oversee research and flagship publications, and the work of senior staff.
Gopinath was also earlier the CO-director of the international finance and macroeconomics program at the National Bureau of Economic Research, she is also a visiting scholar at the Federal Reserve Bank Of Boston, and a member of the economic advisory panel of the Federal Reserve Bank Of New York.
Looking at all her achievements she is the prime example of the quote “The most alluring thing a woman can have is confidence.
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