Gita Gopinath Quotes

Gita Gopinath

Profession : Economist

Birth : December 8, 1971

The biggest losers from international trade are always those whose skills have a cheaper competitor in a different market.

Gita Gopinath

Rather than waiting for a crisis to erupt before intervening, the IMF should provide 'forward guidance' on how it will tackle potential disruptions in international financial markets.

Gita Gopinath

There is a need for greater multilateral cooperation to resolve trade conflicts, to address climate change and risks from cybersecurity, and to improve the effectiveness of international taxation.

Gita Gopinath

Being born into a Malayali family that followed a matriarchal system, I always felt loved and had a high sense of self-worth.

Gita Gopinath

With all the globalisation that has taken place, countries are a lot more interdependent and therefore 'coupled.'

Gita Gopinath

We need to realise that entrepreneurship is not necessarily increasing employment.

Gita Gopinath

GDP is a function of capital, labour and how productively you use both.

Gita Gopinath

Business cycles in emerging markets behave differently from developed markets.

Gita Gopinath

Portfolio investment, often called 'hot money' because of its volatile nature, can increase the economy's vulnerability to the vagaries of international finance. Foreign direct investment, on the other hand, is far more stable and driven by domestic fundamentals.

Gita Gopinath

One of the strengths of the U.S. economy is its ability to most efficiently employ resources both domestically and from around the world and outsourcing is one such example of this.

Gita Gopinath

Countries with fiscal space should invest in physical and social infrastructure to raise potential growth.

Gita Gopinath

Skilling is one area where some researchers are looking at outcomes and finding that while there are lots of people who are joining and completing skilling programmes, it is not getting fully translated into getting and keeping jobs. We need to understand how to fix this problem. The returns to having high quality skills are very high.

Gita Gopinath

I think GST is a great outcome. There is no ifs and buts about that. It is a transformational event for India.

Gita Gopinath

The term neo-liberal does not have a good definition. It's mostly used when you are angry with somebody or dislike someone, you call them a neo-liberal. Because otherwise, there is no concrete definition to the term.

Gita Gopinath

Emerging market and developing economies have benefited from monetary easing in major economies but have also faced volatile risk sentiment tied to trade tensions.

Gita Gopinath

To help resolve conflicts, the rules-based multilateral trading system should be strengthened and modernized to encompass areas such as digital services, subsidies, and technology transfer.

Gita Gopinath

Fiscal policy should balance growth, equity, and sustainability concerns, including protecting society's most vulnerable.

Gita Gopinath

An intensification of trade or geopolitical tensions - with negative repercussions for global growth and risk appetite - could affect economies that are highly dependent on foreign demand or external financing.

Gita Gopinath

Having a proper understanding of countries' external positions - current accounts, stock positions, and currencies - is critical to highlight policymakers' shared responsibility to tackle external imbalances before they become too risky.

Gita Gopinath

Across all economies, the imperative is to take actions that boost potential output, improve inclusiveness, and strengthen resilience.

Gita Gopinath