IMF appoints Gita Gopinath as new chief economist

COLOMBO (News 1st) - The International Monetary Fund (IMF) has appointed Gita Gopinath as the new chief economist to succeed Maurice Obstfeld at the end of this year. As an expert on trade, exchange rates, monetary policy and public debt, Gopinath is tasked with adapting the IMF's role in a world beset by an emerging market crisis with nations disillusioned with globalization. In addition to being the IMF's Economic Counsellor, Gopinath will also be serving as the director of the body's research department; becoming the first ever woman to do so. Before moving to America for her Masters and Ph.D. in economics, Gopinath pursued her undergraduate and graduate degrees in economics from Lady Shri Ram College and the Delhi School of Economics.