New Q&A feature in this issue focuses on "Seven Questions about Recessions" (by Marco Terrones); IMF research summaries on financial stress (by Selim Elekdag) and on the real effects of the 2007–08 financial crisis (by Hui Tong); listing of visiting scholars at the IMF during April–June 2009; listing of recent IMF Working Papers; listing of contents of Vol. 56 No. 2 of IMF Staff Papers; listing of recent external publications by IMF staff; and a feature on Staff Position Notes, the IMF’s new policy paper series, including a list of recent papers.
Staff Position Notes
The International Monetary Fund has initiated a new policy paper series called Staff Position Notes that showcases policy-related analysis and research by IMF departments. The papers are generally brief and written in nontechnical language, and are aimed at a broad audience interested in economic policy issues. This series replaces Policy Discussion Papers. To access the series, point your browser to www.imf.org/external/ns/cs.aspx?id=236. As of this issue, the IMF Research Bulletin will list recent Staff Position Notes in each of its quarterly editions.
Fiscal Policy in Sub-Saharan Africa in Response to the Impact of the Global Crisis
Andrew Berg, Norbert Funke, Alejandro Hajdenberg, Victor Lledo, Rolando Ossowski, Martin Schindler, Antonio Spilimbergo, Shamsuddin Tareq, and Irene Yackovlev
Policies to Mitigate Procyclicality
Jochen Andritzky, John Kiff, Laura Kodres, Pamela Madrid, Andrea Maechler, Aditya Na Noel Sacasa, and Jodi Scarlata
Coping with the Crisis: Policy Options for Emerging Market Countries
Atish R. Ghosh, Marcos Chamon, Christopher Crowe, Jun I. Kim, and Jonathan D. Ostry
The Perimeter of Financial Regulation
Ana Carvajal, Randall Dodd, Michael Moore, Erlend Nier, Ian Tower, and Luisa Zanforlin
Addressing Information Gaps
R. Barry Johnston, Effie Psalida, Phil de Imus, Jeanne Gobat, Mangal Goswami, Christian Mulder, and Francisco Vazquez
Why Has Japan Been Hit So Hard by the Global Recession?
Financial Crises and Emerging Market Trade
The Case for Global Fiscal Stimulus
Charles Freedman, Michael Kumhof, Douglas Laxton, and Jaewoo Lee
Foreclosure Mitigation Efforts in the United States: Approaches and Challenges
John Kiff and Vladimir Klyuev
Gauging Risks for Deflation
Jörg Decressin and Douglas Laxton
Fiscal Policy for the Crisis
Antonio Spilimbergo, Steve Symansky, Olivier Blanchard, and Carlo Cottarelli