CURRENT AFFAIRS

Detailed explanation-1: -Chief Economist Gourinchas on the July 2022 World Economic Outlook Update. Chief Economist Pierre-Olivier Gourinchas summarizes the main findings of the World Economic Outlook update, the risks facing the world, and policy recommendations to improve the economic outlook.

Detailed explanation-2: -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.

Detailed explanation-3: -The first Indian to achieve the honour was Raghuram Rajan who was Chief Economist and Director of Research of IMF between 2003 and 2006.