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Gita Gopinath
Gita Gopinath (born 8 December 1971) is an Indian-American economist who has served as the first deputy managing director of the International Monetary Fund (IMF), since 21 January 2022. She had previously served as chief economist of the IMF between 2019 and 2022. Prior to joining the IMF, Gopinath had a two-decade-long career as an academic including at the economics department of Harvard University, where she was the John Zwaanstra Professor of International Studies and Economics (2005–2022), and earlier an assistant professor at the University of Chicago Booth School of Business (2001–05). She is also a co-director of the international finance and macroeconomics program at the National Bureau of Economic Research and has earlier worked as the honorary economic adviser to the chief minister of Kerala. Gita Gopinath was appointed as chief economist of the IMF in October 2018 by its managing director Christine Lagarde. In an interview with Trevor Noah on ''The Daily S ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ...
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University Of Chicago Booth School Of Business
The University of Chicago Booth School of Business (branded as Chicago Booth) is the graduate business school of the University of Chicago, a private research university in Chicago, Illinois. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 Nobel laureates in the Economic Sciences, more than any other business school in the world. Notable Chicago Booth alumni include James O. McKinsey, founder of McKinsey & Company; Susan Wagner, co-founder of Blackrock; Eric Kriss, co-founder of Bain Capital; Satya Nadella, current CEO of Microsoft; and other current and former CEOs of Fortune 500 companies such as Allstate Insurance, Booz Allen Hamilton, Cargill, Chevron, Chipotle Mexican Grill, Credit Suisse, Dominos, Goldman Sachs, IBM, Morgan Stanley, Morningstar, PIMCO, Reckitt Benckiser, and Starbucks. History The University of Chicago Booth School of Business traces its roots to 1898 when university faculty member J ...
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Hindus
Hindus (; ; also known as Sanātanīs) are people who religiously adhere to Hinduism, also known by its endonym Sanātana Dharma. Jeffery D. Long (2007), A Vision for Hinduism, IB Tauris, , pp. 35–37 Historically, the term has also been used as a geographical, cultural, and later religious identifier for people living in the Indian subcontinent. It is assumed that the term ''"Hindu"'' traces back to Avestan scripture Vendidad which refers to land of seven rivers as Hapta Hendu which itself is a cognate to Sanskrit term ''Sapta Sindhuḥ''. (The term ''Sapta Sindhuḥ'' is mentioned in Rig Veda and refers to a North western Indian region of seven rivers and to India as a whole.) The Greek cognates of the same terms are "''Indus''" (for the river) and "''India''" (for the land of the river). Likewise the Hebrew cognate ''hōd-dū'' refers to India mentioned in Hebrew BibleEsther 1:1. The term "''Hindu''" also implied a geographic, ethnic or cultural identifier for ...
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Malayali
The Malayali people (; also spelt Malayalee and sometimes known by the demonym Keralite) are a Dravidian ethnolinguistic group originating from the present-day state of Kerala and Union Territory of Lakshadweep in India, occupying its southwestern Malabar coast. They form the majority of the population in Kerala and Lakshadweep. They are predominantly native speakers of the Malayalam language, one of the eleven classical languages of India. The state of Kerala was created in 1956 through the States Reorganisation Act. Prior to that, since the 1800s existed the Kingdom of Travancore, the Kingdom of Cochin, Malabar District, and South Canara of the British India. The Malabar District was annexed by the British through the Third Mysore War (1790–92) from Tipu Sultan. Before that, the Malabar District was under various kingdoms including the Zamorins of Calicut, Kingdom of Tanur, Arakkal kingdom, Kolathunadu, Valluvanad, and Palakkad Rajas."Travancore." Encyclopædia ...
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COVID-19 Recession
The COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis. Within seven months, every advanced economy had fallen to recession. The first major sign of recession was the 2020 stock market crash, which saw major indices drop 20 to 30% in late February and March. Recovery began in early April 2020; by April 2022, the GDP for most major economies had either returned to or exceeded pre-pandemic levels and many market indices recovered or even set new records by late 2020. The recession saw unusually high and rapid increases in unemployment in many countries. By October 2020, more than 10 million unemployment cases had been filed in the United States, swamping state-funded unemployment insuranc ...
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The Daily Show
''The Daily Show'' is an American late-night talk show, late-night talk and news satire television program. It airs each Monday through Thursday on Comedy Central in the United States, with extended episodes released shortly after on Paramount+. ''The Daily Show'' draws its comedy and satire from recent news stories, political figures, and media organizations. It often uses self-referential humor. The half-hour-long show premiered on July 22, 1996, and was first hosted by Craig Kilborn until December 17, 1998. Jon Stewart then took over as the host from January 11, 1999, until August 6, 2015, making the show more strongly focused on political satire and news satire, in contrast with the pop culture focus during Kilborn's tenure. Stewart was succeeded by Trevor Noah, whose tenure began on September 28, 2015, and ended in December 2022. Under the different hosts, the show has been formally known as ''The Daily Show with Craig Kilborn'' from 1996 to 1998, ''The Daily Show with Jon ...
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Trevor Noah
Trevor Noah (born 20 February 1984) is a South African comedian, writer, producer, political commentator, actor, and television host. He was the host of ''The Daily Show'', an American late-night talk show and satirical news program on Comedy Central, from 2015 to 2022. Noah has won various awards, including two Primetime Emmy Awards. He was named one of "The 35 Most Powerful People in New York Media" by ''The Hollywood Reporter'' in 2017 and 2018. In 2018, ''Time'' magazine named him one of the hundred most influential people in the world. Born in Johannesburg, Noah began his career in South Africa in 2008. He had several hosting roles with the South African Broadcasting Corporation (SABC) and was the runner-up in the fourth season of South Africa's iteration of ''Strictly Come Dancing'' in 2008. From 2010 to 2011, he hosted the late-night talk show ''Tonight with Trevor Noah'', which he created and aired on M-Net and DStv. In 2014, Noah became the Senior International Cor ...
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Christine Lagarde
Christine Madeleine Odette Lagarde (; , ; born 1 January 1956) is a French politician and lawyer who has been the President of the European Central Bank since 2019. She previously served as the 11th Managing Director of the International Monetary Fund (IMF) from 2011 to 2019. Lagarde had also served in the Government of France, most prominently as Minister of the Economy, Finance and Industry from 2007 until 2011. She is the first woman to hold each of those posts. Born and raised in Paris, Lagarde graduated from law school at Paris Nanterre University and obtained a Master's degree from Sciences Po Aix. After being admitted to the Paris Bar, she joined the international law firm Baker & McKenzie as an associate in 1981, specializing in labour and anti-trust, as well as mergers and acquisitions. Rising through the ranks, she was a member of the executive committee of the firm from 1995 until 1999, before being elevated to its Chair between 1999 and 2004; she was the first woma ...
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Chief Minister Of Kerala
The chief minister of Kerala is the chief executive of the Indian state of Kerala. '' De facto'' executive authority rests with the chief minister. Following elections to the Kerala Legislative Assembly, the state's governor usually invites the party (or coalition) with a majority of seats to form the chief minister, whose council of ministers are collectively responsible to the assembly. Given that he has the confidence of the assembly, the chief minister's term is for five years and is subject to no term limits. Following India's independence from the British Raj in 1947, the states' monarchs of Travancore (തിരുവിതാംകൂർ - Thiruvithāmkōr) and Cochin (കൊച്ചി - Kochi) instituted a measure of representative government, headed by a prime minister and his council of ministers. On 1 July 1949 Travancore and Cochin were merged to form Travancore-Cochin state. The Malabar District (മലബാർ - Malabār) and Kasaragod (കാസർഗോഡ ...
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National Bureau Of Economic Research
The National Bureau of Economic Research (NBER) is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic community." The NBER is known for proposing start and end dates for recessions in the United States. Many chairpersons of the Council of Economic Advisers were previously NBER research associates, including the former NBER president and Harvard professor Martin Feldstein. The NBER's current president and CEO is James M. Poterba of MIT. History Founding The NBER was established in 1920 following debates during the Progressive era over income distribution. Founded by Malcolm Rorty and Nachum Stone, the NBER aimed to fill the information gap on economic data. The organization's research is restricted to presenting data and findings without making policy recommendations. Early years The NBER initially received support from the Carnegie F ...
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Macroeconomics
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output (economics), output/Gross domestic product, GDP (gross domestic product) and national income, unemployment (including Unemployment#Measurement, unemployment rates), price index, price indices and inflation, Consumption (economics), consumption, saving, investment (macroeconomics), investment, Energy economics, energy, international trade, and international finance. Macroeconomics and microeconomics are the two most general fields in economics. The focus of macroeconomics is often on a country (or larger entities like the whole world) and how its markets interact to produce large-scale phenomena that economists refer to as aggregate variables. In microeconomics the focus of analysis is often a single market, such as whether changes in supply or ...
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International Finance
International finance (also referred to as international monetary economics or international macroeconomics) is the branch of monetary economics, monetary and macroeconomics, macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade. Sometimes referred to as multinational finance, international finance is additionally concerned with matters of international corporate finance, financial management. Investors and multinational corporations must assess and manage international risks such as political risk and foreign exchange risk, including transaction exposure, economic exposure, and translation exposure. Some examples of key concepts within international finance are the Mundell–Fleming model, the optimum currency area theory, purchasing power parity, intere ...
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