The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx

Abstract

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx

IMF Working Papers ($15.00)

03/219: “The Role of Supervisory Tools in Addressing Bank Borrowers’ Currency Mismatches,” Maria del Mar Cacha and Armando Morales

03/220: “Fiscal Rules and Countercyclical Policy: Frank Ramsey Meets Gramm-Rudman-Hollings,” Evan C. Tanner

03/221: “Predicting Sovereign Debt Crises,” Paolo Manasse, Nouriel Roubini, and Axel Schimmelpfennig

03/222: “Company Pension Plans, Stock Market Returns, and Labor Demand,” Enrica Detragiache

03/223: “Are Pegged and Intermediate Regimes More Crisis Prone?” Andrea Bubula and Inci Otker-Robe

03/224: “What Sustains Fiscal Consolidations in Emerging Market Countries?” Sanjeev Gupta, Emanuele Baldacci, Benedict J. Clements, and Erwin R. Tiongson

03/225: “Optimal Fiscal and Monetary Policy with Nominal and Indexed Debt,” Thomas Cosimano and Michael T. Gapen

03/226: “Dynamic Depositor Discipline in U.S. Banks,” Andrea Maechler and Kathleen M. McDill

03/227: “How Useful Are Benefit Incidence Analyses of Public Education and Health Spending?” Hamid R. Davoodi, Erwin H. Tiongson, and Sawitree S. Asawanuchit

03/228: “Why Does FDI Go Where It Goes? New Evidence from the Transition Economies,” Nauro F. Campos and Yuko Kinoshita

03/229: “Free Trade Areas and Rules of Origin: Economics and Politics,” Rupa Duttagupta and Arvind Panagariya

03/230: “Output Response to Currency Crises,” Poonam Gupta, Deepak Mishra, and Ratna Sahay

03/231: “Do IMF-Supported Programs Boost Private Capital Inflows? The Role of Program Size and Policy Adjustment,” Roberto Benelli

03/232: “Social Impact of a Tax Reform: The Case of Ethiopia,” Sonia Munoz and Stanley Sang-Wook Cho

03/233: “Financial Globalization, Portfolio Diversification, and the Pattern of International Trade,” Miklos Koren

03/234: “Do Active Labor Market Policies Increase Employment?” Marcello Estevao

03/235: “From the Front Lines at Seoul Bank: Restructuring and Reprivatization,” Chungwon Kang

03/236: “Cross-Border Listings, Capital Controls, and U.S. Equity Flows to Emerging Markets,” Hali Edison and Francis E. Warnock

03/237: “Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries,” Emanuele Baldacci, Arye L. Hillman, and Naoko C. Kojo

03/238: “U.S. Investors’ Emerging Market Equity Portfolios: A Security-Level Analysis,” Hali Edison and Francis E. Warnock

03/239: “Trade Liberalization Strategies: What Could South Eastern Europe Learn From CEFTA and BFTA?” Antonis Adam, Theodora Kosma, and Jimmy McHugh

03/240: “Patterns of Shocks and Regional Monetary Cooperation in South Asia,” Nephil Matangi Maskay

03/241: “IMF and the Baltics: A Decade of Cooperation,” Adalbert Knobl and Richard D. Haas

03/242: “Are Credit Default Swaps Spreads High in Emerging Markets—An Alternative Methodology for Proxying Recovery Value,” Manmohan Singh

IMF Country Reports ($15.00)

(Country name represents an Article IV consultation)

03/350: Kyrgyz Republic: Report on the Observance of Standards and Codes

03/351: Italy 03/352: Italy: Selected Issues

03/353: Italy: Report on Observance of Standards and Codes—Fiscal Transparency Module Update

03/354: Former Yugoslav Republic of Macedonia: First Review Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria

03/355: Peru: Third Review Under the Stand-By Arrangement

03/356: Suriname

03/357: Suriname: Selected Issues and Statistical Appendix

03/358: Republic of Croatia: Second Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criteria

03/359: Romania: Fourth Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria

03/360: Nepal: Request for a Three-Year Arrangement Under the PRGF—Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

03/361: Nepal: Joint Staff Assessment of the PRSP

03/362: Republic of Armenia: PRSP

03/363: Turkey: Report on Observance of Standards and Codes

03/364: Guernsey—Crown Dependency of the United Kingdom: Assessment of the Supervision and Regulation of the Financial Sector, Volume I—Review of Financial Sector Regulation and Supervision

03/365: Guernsey—Crown Dependency of the United Kingdom: Assessment of the Supervision and Regulation of the Financial Sector, Volume II—Detailed Assessment of Observance of Standards and Codes

03/366: Isle of Man—Crown Dependency of the United Kingdom: Assessment of the Supervision and Regulation of the Financial Sector, Volume I—Review of Financial Sector Regulation

03/367: Isle of Man—Crown Dependency of the United Kingdom: Assessment of the Supervision and Regulation of the Financial Sector, Volume II—Detailed Assessment of Observance of Standards and Codes

03/368: Jersey—Crown Dependency of the United Kingdom: Assessment of the Supervision and Regulation of the Financial Sector, Volume I—Review of Financial Sector Regulation and Supervision

03/369: Jersey—Crown Dependency of the United Kingdom: Assessment of the Supervision and Regulation of the Financial Sector, Volume II—Detailed Assessment of Observance of Standards and Codes

Publications are available from IMF Publication Services, Box X2004, IMF, Washington, DC 20431 U.S.A.

Telephone: (202) 623-7430; fax: (202) 623-7201; e-mail: publications@imf.org.

For information on the IMF on the Internet—including the full texts of the English edition of the IMF Survey, the IMF Survey’s annual Supplement on the IMF, Finance & Development, an updated IMF Publications Catalog, and daily SDR exchange rates of 45 currencies—please visit the IMF’s website (http://www.imf.org). The full texts of all Working Papers and Policy Discussion Papers are also available on the IMF’s website.