The recent appointment of Gita Gopinath as IMF chief economist has once again thrown the spotlight on the glass ceiling in economics
An old group photograph taken after an official farewell given to the head of economic research at the Reserve Bank of India (RBI) sometime in the late 1940s tells us something important. There are only a handful of women among dozens of men. One of the women in the photo is Nalini Ambegaonkar. A senior economist who worked with the Indian central bank told me that she was in charge of the credit planning cell that later became the monetary policy department.