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Senior Fellow James Boughton shares thoughts with Bloomberg News on Gita Gopinath as the new chief economist at the International Monetary Fund (IMF);
The Fund has struggled to develop a consistent policy, said James Boughton, a senior fellow at the Centre for International Governance Innovation. In between fixed and floating currencies lies a bewildering range of options -- from Botswana’s “crawling peg’’ to China’s “stabilized arrangement.’’
“Gopinath’s research interests and expertise could really help,’’ said Boughton, who was the IMF’s official historian for two decades. “She’s been well grounded in the practical consequences of exchange-rate policies, without getting bogged down in ideology.’’