Gita Gopinath is Professor of Economics at Harvard University. She is a visiting scholar at the Federal Reserve Bank of Boston, a research associate with the National Bureau of Economic Research, and a World Economic Forum Young Global Leader.
Indian Prime Minister Narendra Modi's government is targeting the "black money" associated with tax evasion, corruption, and counterfeiting, and thus the drug traffickers, smugglers, and terrorists wh… read more
Raghuram Rajan’s decision not to seek a second term as Governor of India’s central bank was met with shock from many observers. While Prime Minister Narendra Modi’s government certainly had its proble… read more
The Fed has delayed increasing interest rates, because policymakers expect that dollar appreciation, by lowering import prices, will undermine their ability to meet their 2% inflation target. But whil… read more
Indian Prime Minister Narendra Modi's government must be feeling lucky. The decline in world commodity prices, led by crude oil, has made managing the national budget easier – and now, after the Centr… read more
The European Court of Justice will rule soon on the legality of the European Central Bank's "outright monetary transactions" scheme to finance crisis-stricken eurozone countries. But, instead of askin… read more
There has been much talk about the "onshoring" of US manufacturing, fueled by moves by companies like Apple and General Electric to shift production back to the US. But, overall, the data do not back … read more
India’s incoming prime minister, Narendra Modi, has promised to turn his country’s sluggish economy around. But what will it take to return India to a path of sustainable growth?
With the Fed considering a QE exit and interest-rate hikes in the next year, global markets are set to experience significant turbulence. Rather than waiting for a crisis to develop before intervening… read more
The eurozone’s survival demands a credible solution to its sovereign-debt crisis, which in turn requires addressing the two macroeconomic imbalances – external and fiscal – that are at the heart of th… read more
When Narendra Modi became India’s prime minister 18 months ago, his huge electoral victory brought sky-high expectations that the country's economy, unshackled from the indecisiveness of the previous … read more
