Abstract
Trade and Growth in Africa
Trade and Growth in Africa
Exchange RateBased Stabilization
Government Finance Statistics
Country Study: Russia
Editor’s Note
Current accounts and fiscal decentralization are covered in this issue’s research summaries. The first article describes theoretical and empirical analysis done at the IMF on current account dynamics and sustainability—issues of considerable relevance for both industrial and developing countries. The second research summary reviews a debate about the efficacy of fiscal decentralization and surveys IMF research on a subject that is both topical and of considerable policy relevance.
India is featured in this issue’s Country Study, coinciding with the publication of a new book which collects together recent IMF research on this country. This issue also contains brief summaries of two recent IMF events—a conference on exchange rate regimes and a workshop on macroeconomic policies and poverty reduction.
This issue introduces a new feature called Special Topics. The purpose of these short articles will be to highlight different types of research output from the IMF that could also be of use to outside researchers. Such output includes datasets, macroeconometric models, and other analytical tools developed by IMF staff and made available in the public domain. The bulletin’s first special topic article contains a description of the IMF’s database on commodity prices and summarizes recent IMF research on this topic.
—Eswar Prasad
Journal Description and Subscription Request
The IMF Research Bulletin (ISSN: 1020-8313) is a quarterly publication in English and is available free of cost. Material from the bulletin may be reprinted with proper attribution. Editorial correspondence may be addressed to The Editor, IMF Research Bulletin, IMF, Room 10-548, Washington, DC 20431 U.S.A. or e-mailed to resbulletin@imf.org. Subscription requests should be addressed to Publication Services, Box X2000, IMF, Washington, DC 20431 U.S.A.; e-mail:publications@imf.org.