Introduction

• “The IMF Economic Review has been uniquely successful in publishing papers that rigorously analyze real international macroeconomic problems and in a manner that has immediate policy relevance. This success is owed to a great extent to the high quality of the editorial board, which is able to identify papers that are both relevant for policy and are executed using state-of-the-art tools so as to make the analysis compelling.”
  
  - Gita Gopinath, Professor of Economics at Harvard University

• “Issue after issue, the IMF Economic Review has been delivering high-impact research that embodies both methodological rigor and policy relevance. This is no small or easy achievement. The journal is required reading for all students of the global macroeconomy, whether their interest is scholarly or practical.”
  
  - Maurice Obstfeld, Class of 1958 Professor of Economics at the University of California, Berkeley

IMF Economic Review emphasizes rigorous analysis with an empirical orientation that is of interest to a broad audience, including academics and policymakers. Studies that borrow from, and interact with, other fields such as finance, international trade, political economy, labour, economic history or development are also be welcome.

News

Paul Krugman on Currency Regimes, Capital Flows and Crises

Ever since Greece experienced its debt crisis, fiscal discussion has been “Hellenized” – that is, there are constant warnings that other countries, including the United States, are on the verge of a similar crisis. But can countries that borrow in their own currency experience Greek-type crises? Krugman argues, based both on evidence and on simple modeling, that the answer is no.

Read the article free through the end of 2014

Fourteenth Jacques Polak Annual Research Conference

The International Monetary Fund held its Fourteenth Jacques Polak Annual Research Conference at its headquarters in Washington DC on November 7-8, 2013. The conference is intended to provide a forum for discussing innovative research on a wide range of issues on crises and to facilitate the exchange of views among researchers and policymakers. The theme of the 2013 conference was ‘Crises: Yesterday and Today’. The conference also honored Stanley Fischer’s contributions to economic research and policy; Paul Krugman (Princeton University) delivered the Mundell-Fleming Lecture.

Further details are available on the conference website, including a video of the Economic Forum: Policy Responses to Crises with Stanley Fischer, Kenneth Rogoff, Lawrence H. Summers and Olivier Blanchard.