Gita Gopinath Quotes

Gita Gopinath

Profession : Economist

Birth : December 8, 1971

Fiscal policy will need to manage trade-offs between supporting demand, protecting social spending, and ensuring that public debt remains on a sustainable path, with the optimal mix depending on country-specific circumstances.

Gita Gopinath

Monetary policy should remain data dependent, be well communicated, and ensure that inflation expectations remain anchored.

Gita Gopinath

Where fiscal space is low, fiscal policy needs to adjust in a growth-friendly manner to ensure public debt is on a sustainable path, while protecting the most vulnerable.

Gita Gopinath

By promising to intervene in vulnerable markets in the event of excessive financial volatility, the IMF, as the largest player, would reduce coordination problems among investors.

Gita Gopinath

If a debt crisis results from government profligacy and mismanagement, rather than from a market failure, it is true that the central bank should not intervene.

Gita Gopinath

Opponents of central-bank intervention are right about one thing: monetary financing carries serious risks. In order to ensure that it is as safe and effective as possible, it must be used primarily in the event of self-fulfilling debt crises.

Gita Gopinath

In reality, while currency movements can have a significant impact on inflation in other countries, dollar movements have rarely had a meaningful or durable impact on prices in the U.S.

Gita Gopinath

The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.

Gita Gopinath

Fiscal policy is a very important part of the tool kit for policy makers.

Gita Gopinath

There are limits to how much countries can spend.

Gita Gopinath

Harvard is famous for being an 'absorbing state' for faculty with almost no one leaving it for another institution, which is why the decision of granting tenure is a life long commitment.

Gita Gopinath

I am purely a technocrat and I reject all ideological labels.

Gita Gopinath

I am a trained economist.

Gita Gopinath

It is important for India to stay the course on fiscal consolidation.

Gita Gopinath

Recapitalization has helped in many parts of the world.

Gita Gopinath

When I was doing my bachelors from Delhi University, India experienced its first major external financing and currency crisis in 1990-91. This inspired me to pursue graduate work in economics and was the foundation for my interest in international finance.

Gita Gopinath

The awareness has increased about the need to increase womenwomen participation in the workplace, but there are no amenities to assure that.

Gita Gopinath

There was never a perception that I was second-class relative to boys. That gave me confidence.

Gita Gopinath

Being born a girl in India, it matters a lot what family you are born into.

Gita Gopinath

The idea that RBI will be able to make a big transfer to the government was misplaced. It was a very good signalling device that the government was very serious about cracking down on corruption and black money. But I do not think it was very effective in curbing it.

Gita Gopinath