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Maurice Obstfeld appointed as Chief Economist of IMF

Jul 21, 2015 15:41 IST

White House economic adviser Maurice Obstfeld was on 20 July 2015 appointed as Chief Economist of the International Monetary Fund (IMF) with effect from 8 September 2015. Obstfeld will succeed outgoing IMF economist Olivier Blanchard.

He will be responsible for handling the IMF's huge, troubled rescue programs for Greece and Ukraine while keeping a close eye on the slowdown in the global economy.

Maurice Obstfeld is a professor at the University of California, Berkeley. However, he was on leave from Berkeley since mid-2014 to serve on the White House Council of Economic Advisers.

He is known around the globe for his work on international economics and is considered as  one of the most influential macro-economists in the world. Obstfeld has written two influential textbooks on International Economics, one with Nobel Prize winner and New York Times columnist Paul Krugman.

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