Who is the next Chief Economist appointed by the International Monetary Fund (IMF) to replace Ms Gita Gopinath?

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CSIR CERI JSA Official Paper-II (Held On 2022)
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  1. Kristalina Georgieva
  2. Joseph Stiglitz
  3. Pierre-Olivier Gourinchas
  4. Carmen Reinhart

Answer (Detailed Solution Below)

Option 3 : Pierre-Olivier Gourinchas
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The correct answer is Pierre-Olivier Gourinchas.

Key Points

  • Pierre-Olivier Gourinchas was appointed as IMF Chief Economist in January 2022
  • He replaced Gita Gopinath who became IMF's First Deputy Managing Director
  • Gourinchas is a French economist and professor at UC Berkeley
  • His research focuses on international macroeconomics and finance
  • He serves as the Economic Counsellor and Director of IMF's Research Department

Additional Information

  • Kristalina Georgieva:
    • Bulgarian economist currently serving as IMF Managing Director
    • Former CEO of World Bank (2017-2019)
    • Specializes in environmental and development economics
    • Not an applicant for Chief Economist position
    • Oversees IMF's overall operations rather than research direction
  • Joseph Stiglitz:
    • Nobel Prize-winning American economist (2001)
    • Former Chief Economist of World Bank (1997-2000)
    • Known for critical views on IMF policies and globalization
    • Professor at Columbia University
    • Not affiliated with IMF in recent years
  • Carmen Reinhart:
    • Cuban-American economist and former World Bank Chief Economist
    • Served as IMF Deputy Director (2019-2022)
    • Known for work on debt crises and financial contagion
    • Currently at Harvard Kennedy School
    • Was considered a potential candidate but not selected
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