The Q&A in this issue features seven questions about policy options for emerging market countries (by Marcos Chamon, Chris Crowe, and Jun Il Kim); research summaries on “Does Trade and Financial Globalization Cause Income Inequality?” (by Chris Papageorgiou) and “The Current Account of Oil-Exporting Countries (by Irineu E. de Carvalho Filho); an article on the launch of the IMF’s new research journal, IMF Economic Review, and the contents of the upcoming IMF Staff Papers, which the new the new journal will succeed in 2010; an article on the upcoming Tenth Annual Jacques Polak Research Conference; a listing of visiting scholars at the IMF during July–September 2009; and listings of recent IMF Working Papers and Staff Position Notes.
IMF to Launch New Research Journal
The International Monetary Fund has announced the launch of a new research publication entitled IMF Economic Review. The first issue will be published in mid-2010.
IMF Economic Review will succeed the Fund's current official research journal, IMF Staff Papers. The new journal will be dedicated to publishing peer-reviewed, high-quality, academic research by leading authors on such topics as global economic policies, open economy macroeconomics, and international finance and trade.
“To navigate the global crisis, and to take the best policy decisions, will require mobilizing and extending the knowledge we have about open economy macro, from the implications of liquidity traps, to the dangers of large fiscal deficits, to macro-financial interactions, to the contours of a better international monetary and financial system,” commented Olivier J. Blanchard, IMF Economic Counsellor and Research Department Director. “My hope and my expectation is that the IMF Economic Review will be central to the effort.”
IMF Economic Review will emphasize rigorous analysis with an empirical orientation that is of interest to a broad audience, including academics and policymakers. Studies will borrow from, and interact with, other fields such as finance, international trade, political economy, labor, and economic history and development.
The journal has a high-caliber editorial team led by newly-appointed editor Pierre-Olivier Gourinchas, Professor of Economics at the University of California, Berkeley. Gourinchas, a leading talent in macroeconomic and financial research, was awarded the 2007 Bernàcer Prize for the best European economist working in macroeconomics and finance under the age of 40.
“There is great need for a rigorous academic publication that addresses the key global macro questions of our times,” stated Gourinchas. “This is what the IMF Economic Review aims to be.”
The journal's Editorial Board includes distinguished researchers from the IMF and academia, including Christian Broda, Ariel Burstein, Stijn Claessens, Giancarlo Corsetti, Gita Gopinath, Gian Maria Milesi-Ferretti, Maurice Obstfeld, Chris Papageorgiou, Romain Ranciere, Martin Schneider, Antonio Spilimbergo, Linda Tesar, Carlos Vegh, Jaume Ventura, and Kei-Mu Yi.
IMF Economic Review will be a subscription product, available online and in print from Palgrave Macmillan. Additional information about the new journal, including subscription rates, is available at http://www.palgrave-journals.com/imfer/index.html.