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Editor’s Note

Understanding the determinants of growth remains a basic and important challenge for macro-economists. The first research summary in this issue surveys the extensive body of IMF research on the sources of economic growth.

One of the main features of the process of “globalization” has been the recent rapid increase in capital flows across national borders. This issue’s second research summary examines research done at the IMF on the determinants of the magnitude and composition of capital flows.

The country study in this issue is on Poland—one of the classic examples of a transition economy that undertook “big bang” reforms and experienced strong growth rates in the early years of transition. Recent IMF research on Poland has focused on the difficult medium-term policy challenges that this country faces as its growth has begun to stagnate and unemployment has risen to high levels.

The special topic article summarizes the June 2002 Global Financial Stability Report. Also included in this issue is a summary of an IMF pre-conference on global linkages.

— Eswar Prasad

In this Issue

Sources of Economic Growth

Capital Flows

IMF Staff Papers Table of Contents

IMF Occasional Papers

Visiting Scholars

Country Study: Poland

Global Linkages Pre-Conference

External Publications

IMF Working Papers

Global Financial Stability Report

Front Matter Page

IMF Research Bulletin

Eswar S. Prasad

Editor

Helen Chin

Assistant Editor

Kellett Hannah

Systems Consultant

Choon Lee

Typesetting

Phil Torsani

Graphic Designer

Dawn Heaney

Editorial Assistant

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 X2001, IMF, Washington, DC 20431 U.S.A.; e-mail: publications@imf.org.

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IMF Research Bulletin, September 2002
Author:
International Monetary Fund. Research Dept.