From Harvard Professor to IMF Chief Economist Gita Gopinath’s Journey to the Top – Times of India

International Monetary Fund (IMF) Chief Economist Gita Gopinath is on a list of 34 immigrants honored by Carnegie Corporation of New York in recognition of “prospering and strengthening” American society and democracy. The Great Immigrants Initiative aims to raise public awareness of the role of immigrants in the United States.

In Gopinath’s profile, Carnegie said she is “one of the world’s outstanding economists” and focuses her research on international finance and macroeconomics. One of the highlights of her journey as an economist was when, more than a decade ago, Gopinath, then just 38, was named a working professor in Harvard University‘s high-brow economics department and, thus, the fourth woman and became the first Indian-University. Educated Faculty Amartya Sen To Receive Such Honor After Nobel Laureate

The 49-year-old completed her Bachelors in Economics from Delhi’s Lady Shri Ram College and Masters from Delhi School of Economics before moving to the US for a PhD and considers herself a product of the Indian education system. “When I was graduating from Delhi University, India experienced its first major external financing and currency crisis in 1990-91. It inspired me to pursue my graduate work in economics and it was the foundation of my interest in international finance,” she had said. In interview in 2010, after becoming a Harvard Professor.

She has since published widely in top economics journals and has received numerous honors, including being elected a fellow of the American Academy of Arts and Sciences. In 2019, he was awarded the Pravasi Bharatiya Samman – the highest honor given by the Government of India to Overseas Indians and Persons of Indian Origin.
Back in 2010, Gopinath’s groundbreaking research in international macroeconomics and finance – fields that became important in the light of the 2008 global economic crisis – earned recognition, respect and helped economists gain a better understanding of it. Situation.

“She has made a fundamental contribution to the understanding of sovereign debt defaults, the current phase of the crisis in Europe. Their work also shows, at a much deeper level, why many emerging markets experience greater macroeconomic volatility than advanced economies and has a significantly advanced understanding of the interaction between prices and interest rates,” said Harvard in Economics and Public Policy. Kenneth Rogoff, a professor at the IMF and former chief economist at the IMF, had then said about Gopinath.

Today, as chief economist at the IMF, Gopinath is quoted as saying in his profile at Carnegie, today’s sentiment is: “This is what the world is worried about: recession, jobs, inequality. It is very clear to the people. These are important issues. And given my science background, I like that I’m bringing some mathematical rigor … to understand these issues of the day.”

The fact that American universities had very few female faculty at the top was a concern for Gopinath even at that time. She felt that the advice of seniors was an important tool in breaking the gender gap at Ivy League universities in America. “Junior women can benefit from having senior women as mentors, so it’s hard to make ends meet when that pool is very small. In academia, the whole tenure clock makes the family difficult, so it is a big challenge for women.”