Olivier Blanchard, the chief economic of the International Monetary Fund (IMF), has resigned from the international organization and joined the Peterson Institute for International Economics in Washington. IMF managing director Christine Lagarde praised Blanchard's professionalism and personal qualities, TASS reports.
Blanchard had been the IMF chief economist since September 2008. He obtained the Ph.D in economics at the Massachusetts Institute of Technology in 1977. He taught at Harvard University and the Massachusetts Institute of Technology. The economist has also been an advisor at the FRB of Boston and New York.