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Chief Economist of the International Monetary Fund

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Introduction

The Economic Counsellor of the International Monetary Fund (IMF) is also the Director of the Fund's Research Department and is responsible for providing independent advice to the Fund on its policy issues, integrating ideas of the research in the design of policies, conveying these ideas to the policymakers inside and outside the fund and managing all research done at IMF.[1]

Often called the Chief Economist of the IMF, "the job is one of the most prestigious in the field, and has been held by some of the most prominent academic researchers in international economics."[2][3] The Chief Economist is part of the senior leadership team, directly advises the Managing Director, and leads about a hundred Ph.D. economists in the Research Department.

The Research Department publishes working papers on highly relevant policy and research issues in international economics; produces a number of reports including the widely tracked annual World Economic Outlook; organizes conferences including the Annual Research Conference that brings together top economists and policymakers; and publishes the peer reviewed journal IMF Economic Review.

The position has been held by the following:

Name Term
Jacques (JJ) Polak[4][5][6] 1958-1980
William C. Hood[7][8] 1980-1987
Jacob Frenkel[9][10] 1987-1991
Michael Mussa[11] August 1991 – 29 June 2001
Kenneth Rogoff[12] August 2001 – September 2003
Raghuram Rajan[13] September 2003 – January 2007
Simon Johnson[14] March 2007 – 31 August 2008
Olivier Blanchard[15] 1 September 2008 – 8 September 2015
Maurice Obstfeld[16] 8 September 2015 – 31 December 2018
Gita Gopinath[17] 1 January 2019 –

Latest News

After the announcement of Maurice Obstfeld's retirement in December 2018[18], Harvard professor Gita Gopinath[19] was appointed as chief economist of the IMF. Gita Gopinath is currently the John Zwaanstra Professor of International Studies and Economics at Harvard University. Gopinath, who was born in India, received her Ph.D. in economics from Princeton University in 2001 after earning a B.A. from the University of Delhi and M.A. degrees from both the Delhi School of Economics and University of Washington.

See also

References

  1. ^ External Evaluation of IMF Economic Research Activities. Annex V Glossary: IMF. p. 63. Retrieved 19 August 2015.
  2. ^ "Wall Street Journal, 2018". {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  3. ^ "The Guardian". {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  4. ^ "IMF Press Release". {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  5. ^ "IMF Annual Report 1966" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  6. ^ "IMF Annual Report 1979" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  7. ^ "IMF Annual Report 1985" (PDF). www.imf.org. Retrieved 2018-09-21. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  8. ^ "IMF Annual Report 1980" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  9. ^ "Jacob A. Frenkel", Wikipedia, 2018-05-23, retrieved 2018-09-21
  10. ^ "Economist Rajan joins IMF". chronicle.uchicago.edu. Retrieved 2018-09-21.
  11. ^ "Mussa To Step Down as IMF Economic Counsellor News Brief No. 01/25 March 7, 2001".
  12. ^ "IMF Managing Director Köhler Proposes Stanford University's Krueger As First Deputy And Names Three Department Heads Press Release No. 01/27 June 7, 2001".
  13. ^ "IMF Managing Director Köhler Proposes Raghuram Rajan as Economic Counsellor and Director of the IMF's Research Department Press Release No. 03/100 July 2, 2003".
  14. ^ "IMF Managing Director Rodrigo de Rato Proposes Simon Johnson as Economic Counsellor and Director of the IMF's Research Department Press Release No. 07/34 February 28, 2007".
  15. ^ "IMF Managing Director Dominique Strauss-Kahn Announces Department Director Appointments Press Release No. 08/122 May 27, 2008".
  16. ^ "IMF Managing Director Christine Lagarde Appoints Maurice Obstfeld as Economic Counsellor and Director of the IMF's Research Department Press Release No.15/343 July 20, 2015".
  17. ^ "Christine Lagarde Appoints Gita Gopinath as IMF Chief Economist".
  18. ^ https://www.imf.org/en/News/Articles/2018/07/25/pr18307-imf-chief-economist-maurice-obstfeld-to-retire
  19. ^ https://economictimes.indiatimes.com/nri/nris-in-news/gita-gopinath-appointed-chief-economist-at-imf/articleshow/66031877.cms
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