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Harvard University’s Gita Gopinath: Stimulating Europe’s Growth

Gita - WhiteboardWith the troubled European economies struggling to restart their economic growth, while grappling with extreme budget constraints, an up and coming, stellar economist from Harvard has proposed a remarkably simple solution. It is referred to as “fiscal devaluation” and it enables countries to generate growth through exports, without resorting to devaluing their currencies

Meet Gita Gopinath, the 41 yr. old Professor of Economics at Harvard University, whose solution was recently implemented by France’s President Francois Hollande, as a mechanism to revive France’s languishing economy.

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