Olivier Blanchard

IMF picks White House adviser as chief economist

   

Obstfeld, who is on leave from the University of California, Berkeley, replaces the retiring Olivier Blanchard.

Obstfeld has written two influential textbooks on international economics, one with Nobel Prize winner and New York Times columnist Paul Krugman.

IMF: Greece poses little threat to world economy

In a statement Thursday, Blanchard said the world economy has "withstood the stress tests of the last two weeks fairly well."