25th Jacques Polak Annual Research Conference

Rethinking the Policy Toolkit in a Turbulent Global Economy

November 14-15, 2024

*** Call for Papers ***

The International Monetary Fund will hold the 25th Jacques Polak Annual Research Conference on November 14-15, 2024, in Washington D.C., USA.

With inflation rates gradually aligning with targets, the immediate challenge for the global economy lies in achieving a 'soft landing'—finely balancing the reduction of policy rates without jeopardizing economic stability or inciting future inflationary pressures. This task is made intricate by differentiated inflationary dynamics and the necessity for distinct policy approaches across economies. In addition, many countries need strategies for fiscal consolidation to address elevated debt levels with limited fiscal space, emphasizing the urgency of credible, medium-term adjustments. In this context, the 2024 IMF Annual Research Conference will delve into the nuanced priorities for central banks and fiscal authorities across the world. Special emphasis will be placed on strategies to complete the inflation realignment process, lowering debt burdens, while catalyzing a durable uplift in living standards. Particular attention will be devoted to the importance of maintaining fiscal discipline while safeguarding investments in priority areas and supporting vulnerable populations. Financial regulation will be examined in terms of its effects on the domestic economy as well as its influence on cross-border capital flows. Further, the conference will address the imperative of multilateral cooperation in fortifying the global economy against fragmentation, while fostering international trade. The conference will bring together academics and policy makers, promote innovative research and provide a platform for a fruitful exchange of views.

The Program Committee welcomes empirical and theoretical work on topics including, but not limited to:

  • Monetary policy in high inflation environments; optimal policy stance
  • Monetary and fiscal policy interactions
  • Debt sustainability; fiscal policy; growth impacts
  • Exchange rates; international trade; capital flows
  • Macroprudential policy; financial markets
  • Digital currencies; implications for monetary policy
  • Cross-border financial regulations; impacts on capital flows
  • Industrial policy; trade policy; fragmentation

Interested contributors should submit a full paper or an extended proposal by July 1, 2024 (e-mail to ARC@IMF.org). Please use the contact author’s name as the name of the file. The Program Committee will evaluate all proposals in terms of originality, analytical rigor, and policy relevance and will contact the authors whose papers have been selected by mid-August, 2024.1 Further information on the conference program will be posted on the IMF website (www.IMF.org).

Conference Program Committee: Giovanni Melina (IMF), Mariarosaria Comunale (IMF), Andrei Levchenko (Editor-in-Chief of the IMF Economic Review and the University of Michigan), and Prachi Mishra (IMF, Co-Editor of the IMF Economic Review)

Conference Coordinators: Tracey Lookadoo and Nicole Jales

Submissions co-authored with IMF staff members will be evaluated by the IMF Economic Review editor-in-chief.