The first Indian to achieve the honour was Raghuram Rajan who was Chief Economist and Director of Research of IMF between 2003 and 2006.
Wall of former chief economists
Gopinath was appointed as IMF Chief Economist in October 2018 and was later promoted as the IMF's First Deputy Managing Director in December last year.
IMF's Gita Gopinath Says Advanced Economies To Recover By 2024
- "Breaking the trend I joined the wall of former Chief Economists of the IMF," she said in a tweet, which also displayed the wall of former chief economists with her photograph. Gopinath had served as the first female chief economist of the Washington-based global lender for three years.
- 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 University.
- Before joining the faculty of Harvard University in 2005, she was an assistant professor of economics at the University of Chicago's Booth School of Business.
- Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been otherwise, IMF's Gita Gopinath said on Wednesday. Ms Gopinath said central banks are trying to tackle this high level of inflation and are raising interest rates sharply, which they need to do, but that will also have consequences for global finance and trade.
Ms Gopinath said there are very divergent recoveries around the world. "While advanced economies, as per our estimates, will basically get back to where they would have been in absence of pandemic in 2024, but emerging and developing economies would be 5 per cent below where they would have been in the absence of the pandemic," she said. The panelists discussed that the recovery from the COVID-19 crisis has been deeply uneven within and between countries, depending on their access to fiscal resources and vaccines.