Kerala government economic adviser Gita Gopinath appointed IMF director of research
United Nations, Oct 1 : Eminent academic and economic adviser to the Kerala government, Gita Gopinath, was appointed on Monday as Director of the International Monetary Fund's Research Department.
Announcing the appointment, IMF Managing Director Christine Lagarde called her "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".
"All this makes her exceptionally well-placed to lead our Research Department at this important juncture. I am delighted to name such a talented figure as our Chief Economist," she said in a statement.
The director of the IMF's Research Department oversees the World Economic Outlook Report that is considered a major survey of the global economy as well as several other reports and research projects that determine the financial and economic statuses of countries.
She succeeds Maurice Obstfeld, who announced in July that he would retire at the end of this year.
Gopinath, who received her MA degree from the Delhi School of Economics, is the John Zwaanstra Professor of International Studies and Economics at Harvard University.
She is concurrently the economic adviser to the Chief Minister of Kerala and, according to her bio at Harvard, she was appointed in 2016 to the honorary position with the rank of principal secretary.
She has also served as a member of the Eminent Persons Advisory Group on G-20 Matters for India's Ministry of Finance.
She received her Ph.D in economics from Princeton University in 2001 for her work on international macroeconomics and trade and was an assistant professor at University of Chicago before moving to Harvard in 2005.
Her bachelor's degree was from Lady Sri Ram College in New Delhi.
She received the Bhagwati Prize for the best paper published in the Journal of International Economics in 2003 and 2004.
In 2014, she was named one of the top 25 economists under 45 by the IMF and she was a World Economic Forum Young Global Leader in 2011.
Gopinath is also the co-editor of the American Economic Review and Handbook of International Economics, co-director of the International Finance and Macroeconomics Programme at the National Bureau of Economic Research and a member of the Economic Advisory Panel of the Federal Reserve Bank of New York.
She has authored some 40 research articles on exchange rates, trade and investment, international financial crises, monetary policy, debt and emerging market crises, according to the IMF.
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Another North Goa nightclub sealed; Kejriwal says corruption led to fire tragedy
Panaji (PTI): As part of a crackdown against tourist establishments violating laws and safety norms in the aftermath of the Arpora fire tragedy, Goa authorities on Saturday sealed a renowned club at Vagator and revoked the fire department NOC of another club.
Cafe CO2 Goa, located on a cliff overlooking the Arabian Sea at Vagator beach in North Goa, was sealed. The move came two days after Goya Club, also in Vagator, was shut down for alleged violations of rules.
Elsewhere, campaigning for local body polls, AAP leader Arvind Kejriwal said the fire incident at Birch by Romeo Lane nightclub at Arpora, which claimed 25 lives on December 6, happened because the BJP government in the state was corrupt.
An inspection of Cafe CO2 Goa by a state government-appointed team revealed that the establishment, with a seating capacity of 250, did not possess a no-objection certificate (NOC) of the Fire and Emergency Services Department. The club, which sits atop Ozrant Cliff, also did not have structural stability, the team found.
The Fire and Emergency Services on Saturday also revoked the NOC issued to Diaz Pool Club and Bar at Anjuna as the fire extinguishers installed in the establishment were found to be inadequate, said divisional fire officer Shripad Gawas.
A notice was issued to Nitin Wadhwa, the partner of the club, he said in the order.
Campaigning at Chimbel village near Panaji in support of his party's Zilla Panchayat election candidate, Aam Aadmi Party leader Kejriwal said the nightclub fire at Arpora happened because of the "corruption of the Pramod Sawant-led state government."
"Why this fire incident happened? I read in the newspapers that the nightclub had no occupancy certificate, no building licence, no excise licence, no construction licence or trade licence. The entire club was illegal but still it was going on," he said.
"How could it go on? Couldn't Pramod Sawant or anyone else see it? I was told that hafta (bribe) was being paid," the former Delhi chief minister said.
A person can not work without bribing officials in the coastal state, Kejriwal said, alleging that officers, MLAs and even ministers are accepting bribes.
