Pierre-Olivier Gourinchas
Coverage of Pierre-Olivier Gourinchas in the Nexus archive.
- Don’t blame global imbalances on the undervalued yuan
The article argues against blaming China's yuan for global imbalances and criticizes demands for its revaluation as misdiagnosing the issue. Authors Gita Gopinath, Pierre-Olivier Gourinchas, and Hélène Rey challenge the assumption that an undervalued yuan is the primary cause of economic disparities.
- ‘Tit-for-tat’ trade warfare threatens global economy, says IMF chief economist
IMF chief economist warns that 'tit-for-tat' trade warfare threatens the global economy, with Pierre-Olivier Gourinchas stating such tactics will be self-defeating. Gourinchas, who is leaving the fund, highlights risks from attempts to gain small advantages through trade conflicts.
- IMF says Iran war "halted" global economic momentum, expects hotter inflation
The IMF warns that the Iran war has halted global economic momentum, leading to revised forecasts of slower growth and higher inflation. The conflict disrupted economic stability, with the IMF projecting 3.1% global growth for 2026 and 4.4% inflation this year. The U.S. economy is expected to grow 2.3% but faces rising inflation risks.