## Giovanni Melina · Curriculum Vitae · 2025

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### Current positions and institutional affiliation
- Deputy Division Chief, Research Department, International Monetary Fund, Washington DC, USA (2023–).
- Senior Economist, African Department, International Monetary Fund, Washington DC, USA (2015–23).
- Economist, Research Department, International Monetary Fund, Washington DC, USA (2015–21; 2012–13).
- CESifo Research Network Fellow, Munich, Germany (2015–).
- Associate Professor (on leave from 9/15) in Macroeconomics, Bayes Business School, City University London, UK (2015–17).
- Assistant Professor in Macroeconomics, Bayes Business School, City University London, UK (2013–15).
- Research Fellow, University of Surrey, Guildford, UK (2010–12).
- PhD Intern, International Monetary Fund, Washington DC, USA (2010).
- Economist, HM Treasury, London, UK (2008).

### Research interests and technical tools
- Research interests: Macroeconomics (Fiscal and Monetary policy, DSGE models); Climate Change Economics; Development Economics; Applied Econometrics.
- Computer packages: Matlab; DYNARE; E-views; Stata; Microsoft office; Latex; Lyx; Overleaf; Microsoft Copilot.
- Languages: Italian (native); English (fluent); Spanish (advanced).

### Education and teaching
- PhD in Economics, Birkbeck, University of London, UK (2007–11).
- Dottorato di Ricerca in Economics of the Public Sector, University of Salerno, Italy (2006–10).
- MSc in International Management (110/110 cum laude), Parthenope University, Napoli, Italy (2005–07).
- MSc in Economics (with distinction), Birkbeck, University of London, UK (2005–06).
- BSc in Economics and International Management (110/110 cum laude), Parthenope University, Napoli, Italy (2001–04).
- Teaching: Intermediate Econometrics (UG); Macroeconometrics (PhD) (2013–15).

### Peer‑reviewed journal publications (selected)
- 2024: “Monetary Policy Under Natural Disaster Shocks” (with Alessandro Cantelmo, Nikos Fatouros and Chris Papageorgiou), International Economic Review, 65(3), 1441-1497.
- 2024: “The Euro Area Government Spending Multiplier in Demand- and Supply-Driven Recessions” (with Mario Di Serio, Matteo Fragetta and Emanuel Gasteiger), Oxford Bulletin of Economics and Statistics, 86(6), 1342-1372.
- 2023: “Drivers of Large Recessions and Monetary Policy Responses” (with Stefania Villa), Journal of International Money and Finance, 137, 102894.
- 2023: “Macroeconomic Outcomes in Disaster-Prone Countries” (with Alessandro Cantelmo and Chris Papageorgiou), Journal of Development Economics, 161, 103037.
- 2023: “Sectoral Labor Mobility and Optimal Monetary Policy” (with Alessandro Cantelmo), Macroeconomic Dynamics, 27(1), 1-26.
- 2022: “The Distributional Effects of Government Spending Shocks in Developing Economies” (with Davide Furceri, Jun Ge and Prakash Loungani), Review of Development Economics, 26:3, 1574-1599.
- 2022: “Building Back Better: How Big Are Green Spending Multipliers?” (with Nicoletta Batini, Mario Di Serio, Matteo Fragetta, Anthony Waldron), Ecological Economics, 193, 107305.
- 2021: “The Impact of r-g on Euro-Area Government Spending Multipliers” (with Mario Di Serio and Matteo Fragetta), Journal of International Money and Finance, 119, 102493.
- 2021: “How Loose, How Tight? A Measure of Monetary and Fiscal Stance for the Euro Area” (with Nicoletta Batini, Alessandro Cantelmo and Stefania Villa), Oxford Economics Papers, 73(4), 1536-1556.
- 2021: “Investing in Public Infrastructure; Roads or Schools?” (with Manoj Atolia, Bin Grace Li and Ricardo Marto), Macroeconomic Dynamics, 25(7), 1892-1921.
- 2020: “The Euro-Area Government Spending Multiplier at the Effective Lower Bound” (with Adalgiso Amendola, Mario Di Serio and Matteo Fragetta), European Economic Review, 127, 103480.
- 2019: “Fiscal Buffers, Private Debt and Stagnation: The Good, the Bad and the Ugly” (with Nicoletta Batini and Stefania Villa), Journal of Macroeconomics, 62, 103044.
- Earlier work covering fiscal shocks, SVAR identification, debt sustainability, public investment and natural resources, and fiscal policy and lending relationships (2011–2019).

### Working papers and recent research outputs
- 2025: “Power Hungry: How AI Will Drive Energy Demand” (with Christian Bogmans, Patricia Gomez-Gonzalez, Ganchimeg Ganpurev, Andrea Pescatori and Sneha Thube), IMF Working Papers, WP/25/81.
- 2025: “The Global Impact of AI: Mind the Gap” (with Eugenio M Cerutti, Antonio Garcia Pascual, Yosuke Kido, Longji Li, Marina Mendes Tavares, Philippe Wingender), IMF Working Papers, WP/25/076.
- 2021: “Enhancing Resilience to Climate Change in the Maldives” (with Marika Santoro), IMF Working Papers, forthcoming.
- 2019: “Some Policy Lessons from Country Applications of the DIG and DIGNAR Models” (with Daniel Gurara and Luis-Felipe Zanna), IMF Working Papers, WP/19/62.
- 2019: “Policy Trade-Offs in Building Resilience to Natural Disasters: The Case of Saint Lucia” (with Leo Bonato, Alessandro Cantelmo, and Gonzalo Salinas), IMF Working Papers, WP/19/54.
- 2016: “Non-Renewable Resources, Fiscal Rules and Human Capital” (with Paul Levine and Harun Onder), Policy Research Working Paper, 7695, World Bank Group.
- 2012: “Successful Austerity in the United States, Europe and Japan” (with Nicoletta Batini and Giovanni Callegari), IMF Working Papers, 12/190.

### Contributions to IMF flagships, notes, and policy documents
- 2025: World Economic Outlook Commodity Special Feature, Chapter 1: “Power Hungry: How AI Will Drive Energy Demand” (with IMF colleagues), World Economic Outlook, April 2025.
- 2024: Staff Climate Note No. 2024/005: “Harnessing Renewables in Sub-Saharan Africa: Barriers, Reforms, and Economic Prospects” (with IMF colleagues).
- 2024: Departmental Paper No. 2024/006: “Economic Diversification in Developing Countries: Lessons from Country Experiences with Broad-Based and Industrial Policies” (with IMF colleagues).
- 2024: IMF Staff Discussion Note 2024/001: “Gen-AI: Artificial Intelligence and the Future of Work” (with IMF colleagues).
- 2023: IMF Staff Discussion Note 2023/005: “Market Reforms and Public Debt Dynamics in Emerging Market and Developing Economies” (with IMF colleagues).
- 2022: IMF Staff Climate Note 2022/009: “Climate Change and Select Financial Instruments: An Overview of Opportunities and Challenges for Sub-Saharan Africa” (with IMF colleagues).
- 2021: Technical Notes and Manuals No. 2021/007: “DIGNAR-19 Toolkit Manual” (with Zamid Aligishiev and Luis-Felipe Zanna).
- 2021: IMF Departmental Paper 2021/006: “Macroeconomic Research in Low-Income Countries: Advances Made in Five Key Areas Through a DFID-IMF Collaboration” (with IMF colleagues).
- 2020: IMF Policy Paper: “Update on the Joint IMF-WB Multipronged Approach to Address Debt Vulnerabilities” (with IMF colleagues).
- 2020: Sub-Saharan Africa—Regional Economic Outlook, Chapter 2: “Adapting to Climate Change in Sub-Saharan Africa” (with IMF colleagues), April 2020.
- 2019: World Economic Outlook, October 2019, Chapter 3: “Reigniting Growth in Emerging Market and Low-Income Economies: What Role for Structural Reforms?” (with IMF colleagues).
- 2016: Fiscal Monitor, October 2016: “Debt: Use it Wisely” (with IMF colleagues).

### Policy analysis in IMF country reports (selected)
- 2022: Uganda — Enhancing resilience to climate change, Selected Issues Paper, Staff Report for the 2021 Article IV Consultation and First Review under the Extended Credit Facility Arrangement, IMF Country Report No. 2022/077.
- 2021: Guinea — “Diversification and Medium-Term Growth Prospects” (with Zamid Aligishiev), Annex V, Staff Report for the 2021 Article IV Consultation.
- 2021: Botswana — “Estimating the Impact of Risks Using the DIGNAR-19 Framework” (with Zamid Aligishiev), Box X, Staff Report for the 2021 Article IV Consultation.
- 2020: Nigeria — “Estimating the Impact of COVID-19 Resurgence in Nigeria” (with Gabriela Cugat and Felipe Zanna), Box 2, Staff Report for the 2020 Article IV Consultation.
- 2019: Iraq — “Quantifying the Macroeconomic Benefits of Improved Governance” (with Alessandro Cantelmo), Box 1, Staff Report for the 2019 Article IV Consultation.
- 2018: Saint Lucia — “Policy Trade-Offs in Building Resilience to Natural Disasters” (with Leo Bonato, Alessandro Cantelmo and Gonzalo Salinas), Annex VI, Staff Report for the 2018 Article IV Consultation.
- 2017: Thailand — “Boosting Public Investment: Implications for Growth and Debt Sustainability” (with Pablo Lopez Murphy), Appendix, Staff Report for the 2017 Article IV Consultation.
- 2016: Namibia — “Calibrating "Growth-Friendly" Fiscal Consolidation in Namibia”, Selected Issues Paper, Staff Report for the 2016 Article IV Consultation.
- 2016: Namibia — “Enhancing the Responsiveness of Employment to Growth in Namibia”, Selected Issues Paper, Staff Report for the 2016 Article IV Consultation.
- 2013: Mozambique — “Natural Gas, Public Investment and Debt Sustainability” (with Yi Xiong), Appendix IV, Staff Report for the 2013 Article IV Consultation.

### Conference and seminar presentations (selected)
- 2025: Chatham House, London, UK; Foreign, Commonwealth and Development Office, London, UK; Bayes Business School, City University of London, UK; European Bank of Reconstruction and Development, London, UK; G7 Climate Change Mitigation Working Group, virtual.
- 2024: Bank of England, London, UK; Birkbeck University of London, UK; Joint‑Vienna Institute, Vienna, Austria; Banca d’Italia, Rome, Italy; CEPR, Paris, France; 2024 CSAE Conference, Oxford University, UK.
- 2021: IMF Conference on Climate‑Related Natural Disasters: Macroeconomic Effects and Policy Responses.
- 2020: 21st Jacques Polak IMF Annual Research Conference, held virtually; IMF‑African Union Commission Virtual Conference on the COVID‑19 Pandemic in Africa, held virtually.
- 2019–2015: Presentations at international conferences including CSAE Conference (Oxford), CESifo, Money, Macro and Finance Conference (London), Potsdam Institute Workshop (Berlin), ECB conference (Frankfurt), and others dating back to 2009.

### Awards, scholarships and distinctions
- Best PhD thesis in the School of Business, Economics and Informatics, Birkbeck, University of London (2012).
- Teaching scholarship, Birkbeck, University of London (2009–10).
- Open Competition Award, Economics and Social Research Council, United Kingdom (2007–10).
- Doctoral scholarship, Ministero dell’Istruzione, dell’Università e della Ricerca, Italy (2007–10).

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_Source: https://www.imf.org/-/media/files/cv/pdfs/giovanni-melina.pdf_