Scott Roger

Last Updated: June 07, 2021

Scott Roger is Deputy Division Chief in the Asia and Pacific Department. Previously he was Project Coordinator at the Pacific Financial Technical Assistance Centre (see PFTAC.org) in Suva, Fiji (2013-16); Senior Economist in the European Offices of the IMF in Paris (2010-2012); the Monetary and Capital Markets Department (2003-2010); and the Asia and Pacific Department (1998-2003). Prior to joining the IMF, Mr. Roger worked at the Reserve Bank of New Zealand (1993-98), Bank for International Settlements (1991-93) and Bank of Canada (1980-91). Scott Roger's research interests have included international reserves management, core inflation measurement, inflation targeting frameworks, policy formulation and policy communications, adaptation of inflation targeting to emerging and developing economies, currency baskets and, more recently, macrofinancial issues. Mr. Roger is a Canadian and New Zealand citizen, has 4 children, and enjoys skiing and scuba diving.

Email: SROGER@imf.org

Education:

1983-86: PhD program in International Economics, Graduate Institute of International Studies, Geneva, Switzerland.

1978-80: MA program in Economics, Carleton University, Ottawa, Canada

IMF Books and Working Papers:

Fiscal Buffers for Natural Disasters in Pacific Island Countries , Working Paper No. 19/152 , July 12, 2019

Report on the Pacific Roundtables : Actions to Address Correspondent Banking and Remittances Pressure , Departmental Paper No.19/06 , May 01, 2019

Inflation Targeting and Country Risk : An Empirical Investigation , Working Paper No. 13/21 , January 23, 2013

The Global Macroeconomic Costs of Raising Bank Capital Adequacy Requirements , Working Paper No. 12/44 , February 01, 2012

Macrofinancial Modeling At Central Banks : Recent Developments and Future Directions , Working Paper No. 12/21 , January 01, 2012

Macroeconomic Costs of Higher Bank Capital and Liquidity Requirements , Working Paper No. 11/103 , May 01, 2011

The Role of the Exchange Rate in Inflation-Targeting Emerging Economies , Occasional Paper No. 267 , November 24, 2009

Inflation Targeting at 20: Achievements and Challenges , Working Paper No. 09/236 , October 01, 2009

Hybrid Inflation Targeting Regimes , Working Paper No. 09/234 , October 01, 2009

Implementing Inflation Targeting: Institutional Arrangements, Target Design, and Communications , Working Paper No. 06/278 , December 01, 2006

On Target? The International Experience with Achieving Inflation Targets , Working Paper No. 05/163 , August 01, 2005

Relative Prices, Inflation and Core Inflation , Working Paper No. 00/58 , March 01, 2000

IMF Country Reports

Roger, S. (2013) "Issues in Transparency and Accountability," European Union FSAP Technical Note

Roger, S. (2012) "Macroprudential Policy Framework," Kosovo FSAP Technical Note

Roger, S. (2005) “Foreign Exchange Market Development,” Trinidad and Tobago FSAP Technical Note

Espinosa, M., and S. Roger (2005) “Crisis Management, Emergency Lending, and Safety Net Issues in the Trinidad and Tobago Financial System,” Trinidad and Tobago FSAP Technical Note

Roger, S. (2004) “The Netherlands Model of Financial Sector Supervision,” Kingdom of the Netherlands FSAP Technical Note

Mitra, S. and S. Roger (2003) “Assessing Long-Term Fiscal Sustainability: The Case of Brunei,” Brunei—Selected Issues

Roger, S. (1999) “Monetary and exchange rate policy options,” Malaysia—Selected Issues SM/99/145 Supplement 1, pp. 122-49.

IMF Occasional Papers, Pamphlets, and Special Issues Papers

Stone, M., S. Roger, S. Shimizu, A. Nordstrom, T. Kisinbay, and J. Restrepo (2009), “The Role of the Exchange Rate in Inflation –Targeting Emerging Economies,” IMF Occasional Paper 267

Other Published Materials

Alwazir, J., Liu, Y., Stuart, A., Roger, S., Guo, S., Nguyen, C., Mathias, E., and Pampolina, J., (2019) “Report on the Pacific Roundtables: Actions to Address Correspondent Banking and Remittance Pressure”, Departmental Paper 19/06

Roger, S. (2013) “Governance and Transparency of EU-Wide Institutions”, in Enoch, C, L. Everaert, T. Tressel and J. Zhou, eds., (2014) From Fragmentation to Financial Integration in Europe, (IMF: Washington D.C.).

Roger, S. (2010) "Inflation Targeting Turns 20," Finance & Development, March 2010, pp. 46-49.

Publications in Journals (Refereed)

Burns, L., R. Hackett, P. Mullins, V. Ovesen, and S. Roger (2018) “Managing deep sea mining revenues for the public good - ensuring transparency and distribution equity”, Marine Policy 95, 332-336.

Garcia, C., J. Restrepo, and S. Roger, (2011) “How much should inflation targeters care about the exchange rate?” Journal of International Money and Finance 30, 1590–1617.

Other Published Materials

Lilly, H, and S. Roger, eds., (2016) Pacific-ACP Regional Fiscal Framework for Deep Sea Minerals, (SPC-PFTAC: Suva).

“Inflation Targeting at 20: Achievements and challenges,” in D. Cobham, Ø. Eitrheim, S. Gerlach and J. Qvigstad, eds., (2010) Twenty Years of Inflation Targeting: Lessons Learned and Future Prospects, (Cambridge: Cambridge University Press).

Roger, S. (2007) “An Overview of Inflation Targeting in Emerging Market Economies,” in Challenges to Inflation Targeting in Emerging Countries, Bank of Thailand, (Bangkok)

Roger, S. (1998) “Core inflation: concepts, uses and measurement,” Reserve Bank of New Zealand Discussion Paper G98/10. Also published as SEACEN Occasional Paper No. 24.

Roger, S. (1997) “A robust measure of core inflation in New Zealand, 1949-96,” Reserve Bank of New Zealand Discussion Paper G97/7. Also published in B. Balk, ed., (1998) Proceedings of the third meeting of the International Working Group on Price Indices, (Voorburg: Statistics Netherlands), pp.21-40.

Roger, S. (1995) “Measures of underlying inflation in New Zealand, 1981-95,” Reserve Bank of New Zealand Discussion Paper G95/5.

Eckhold, K. and S. Roger (1995) “New Zealand’s international asset substitutability,” in Monetary and exchange rate management with international capital mobility, Hong Kong Monetary Authority, Hong Kong, pp. 203-25.

Roger, S. (1993) “The management of foreign exchange reserves,” Bank for International Settlements Economic Papers No. 38.

Roger, S. (1991) “Terms of trade movements in major industrial countries, 1969-1989,” Bank of Canada Working Paper 91-2.

Roger, S. and M. McClellan (1990) “The newly industrialised economies of Asia in the international trading system,” Bank of Canada Review, March, pp. 3-19.

Scott Roger is Deputy Division Chief in the Asia and Pacific Department. Previously he was Project Coordinator at the Pacific Financial Technical Assistance Centre (see PFTAC.org) in Suva, Fiji (2013-16); Senior Economist in the European Offices of the IMF in Paris (2010-2012); the Monetary and Capital Markets Department (2003-2010); and the Asia and Pacific Department (1998-2003). Prior to joining the IMF, Mr. Roger worked at the Reserve Bank of New Zealand (1993-98), Bank for International Settlements (1991-93) and Bank of Canada (1980-91). Scott Roger's research interests have included international reserves management, core inflation measurement, inflation targeting frameworks, policy formulation and policy communications, adaptation of inflation targeting to emerging and developing economies, currency baskets and, more recently, macrofinancial issues. Mr. Roger is a Canadian and New Zealand citizen, has 4 children, and enjoys skiing and scuba diving.

Email: SROGER@imf.org

Education:

1983-86: PhD program in International Economics, Graduate Institute of International Studies, Geneva, Switzerland.

1978-80: MA program in Economics, Carleton University, Ottawa, Canada

IMF Books and Working Papers:

Fiscal Buffers for Natural Disasters in Pacific Island Countries , Working Paper No. 19/152 , July 12, 2019

Report on the Pacific Roundtables : Actions to Address Correspondent Banking and Remittances Pressure , Departmental Paper No.19/06 , May 01, 2019

Inflation Targeting and Country Risk : An Empirical Investigation , Working Paper No. 13/21 , January 23, 2013

The Global Macroeconomic Costs of Raising Bank Capital Adequacy Requirements , Working Paper No. 12/44 , February 01, 2012

Macrofinancial Modeling At Central Banks : Recent Developments and Future Directions , Working Paper No. 12/21 , January 01, 2012

Macroeconomic Costs of Higher Bank Capital and Liquidity Requirements , Working Paper No. 11/103 , May 01, 2011

The Role of the Exchange Rate in Inflation-Targeting Emerging Economies , Occasional Paper No. 267 , November 24, 2009

Inflation Targeting at 20: Achievements and Challenges , Working Paper No. 09/236 , October 01, 2009

Hybrid Inflation Targeting Regimes , Working Paper No. 09/234 , October 01, 2009

Implementing Inflation Targeting: Institutional Arrangements, Target Design, and Communications , Working Paper No. 06/278 , December 01, 2006

On Target? The International Experience with Achieving Inflation Targets , Working Paper No. 05/163 , August 01, 2005

Relative Prices, Inflation and Core Inflation , Working Paper No. 00/58 , March 01, 2000

IMF Country Reports

Roger, S. (2013) "Issues in Transparency and Accountability," European Union FSAP Technical Note

Roger, S. (2012) "Macroprudential Policy Framework," Kosovo FSAP Technical Note

Roger, S. (2005) “Foreign Exchange Market Development,” Trinidad and Tobago FSAP Technical Note

Espinosa, M., and S. Roger (2005) “Crisis Management, Emergency Lending, and Safety Net Issues in the Trinidad and Tobago Financial System,” Trinidad and Tobago FSAP Technical Note

Roger, S. (2004) “The Netherlands Model of Financial Sector Supervision,” Kingdom of the Netherlands FSAP Technical Note

Mitra, S. and S. Roger (2003) “Assessing Long-Term Fiscal Sustainability: The Case of Brunei,” Brunei—Selected Issues

Roger, S. (1999) “Monetary and exchange rate policy options,” Malaysia—Selected Issues SM/99/145 Supplement 1, pp. 122-49.

IMF Occasional Papers, Pamphlets, and Special Issues Papers

Stone, M., S. Roger, S. Shimizu, A. Nordstrom, T. Kisinbay, and J. Restrepo (2009), “The Role of the Exchange Rate in Inflation –Targeting Emerging Economies,” IMF Occasional Paper 267

Other Published Materials

Alwazir, J., Liu, Y., Stuart, A., Roger, S., Guo, S., Nguyen, C., Mathias, E., and Pampolina, J., (2019) “Report on the Pacific Roundtables: Actions to Address Correspondent Banking and Remittance Pressure”, Departmental Paper 19/06

Roger, S. (2013) “Governance and Transparency of EU-Wide Institutions”, in Enoch, C, L. Everaert, T. Tressel and J. Zhou, eds., (2014) From Fragmentation to Financial Integration in Europe, (IMF: Washington D.C.).

Roger, S. (2010) "Inflation Targeting Turns 20," Finance & Development, March 2010, pp. 46-49.

Publications in Journals (Refereed)

Burns, L., R. Hackett, P. Mullins, V. Ovesen, and S. Roger (2018) “Managing deep sea mining revenues for the public good - ensuring transparency and distribution equity”, Marine Policy 95, 332-336.

Garcia, C., J. Restrepo, and S. Roger, (2011) “How much should inflation targeters care about the exchange rate?” Journal of International Money and Finance 30, 1590–1617.

Other Published Materials

Lilly, H, and S. Roger, eds., (2016) Pacific-ACP Regional Fiscal Framework for Deep Sea Minerals, (SPC-PFTAC: Suva).

“Inflation Targeting at 20: Achievements and challenges,” in D. Cobham, Ø. Eitrheim, S. Gerlach and J. Qvigstad, eds., (2010) Twenty Years of Inflation Targeting: Lessons Learned and Future Prospects, (Cambridge: Cambridge University Press).

Roger, S. (2007) “An Overview of Inflation Targeting in Emerging Market Economies,” in Challenges to Inflation Targeting in Emerging Countries, Bank of Thailand, (Bangkok)

Roger, S. (1998) “Core inflation: concepts, uses and measurement,” Reserve Bank of New Zealand Discussion Paper G98/10. Also published as SEACEN Occasional Paper No. 24.

Roger, S. (1997) “A robust measure of core inflation in New Zealand, 1949-96,” Reserve Bank of New Zealand Discussion Paper G97/7. Also published in B. Balk, ed., (1998) Proceedings of the third meeting of the International Working Group on Price Indices, (Voorburg: Statistics Netherlands), pp.21-40.

Roger, S. (1995) “Measures of underlying inflation in New Zealand, 1981-95,” Reserve Bank of New Zealand Discussion Paper G95/5.

Eckhold, K. and S. Roger (1995) “New Zealand’s international asset substitutability,” in Monetary and exchange rate management with international capital mobility, Hong Kong Monetary Authority, Hong Kong, pp. 203-25.

Roger, S. (1993) “The management of foreign exchange reserves,” Bank for International Settlements Economic Papers No. 38.

Roger, S. (1991) “Terms of trade movements in major industrial countries, 1969-1989,” Bank of Canada Working Paper 91-2.

Roger, S. and M. McClellan (1990) “The newly industrialised economies of Asia in the international trading system,” Bank of Canada Review, March, pp. 3-19.