{
  "title": "IMF Staff Papers, Volume 54, No. 2",
  "publication": "IMF Staff Papers, September 26, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772",
  "canonical": "https://www.imf.org/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772",
  "overlayPath": "/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772/index.md",
  "summary": "Vol. 54, No. 2 includes three notable contributions from the Seventh Jacques Polak Annual Research Conference (ARC) hosted by the IMF in November 2006.",
  "sections": [
    {
      "heading": "Summary and context",
      "content": "- Publication date: September 26, 2007\n- Volume: 2007\n- Issue: 003\n- Series: IMF Staff Papers No. 2007/003\n- Pages: 235\n- DOI: https://doi.org/10.5089/9781589066502.024\n- Stock No: SPIEA2007002\n- ISBN: 9781589066502\n- ISSN: 1020-7635"
    },
    {
      "heading": "Lead contribution (Seventh Jacques Polak Annual Research Conference, November 2006)",
      "content": "- The lead paper is the 2006 Mundell-Fleming Lecture delivered at the ARC by Olivier Blanchard (Harvard University).\n- Focus: analysis of current-account deficits in the advanced economies."
    },
    {
      "heading": "Other substantive contributions and themes",
      "content": "- Relationship between international financial integration and the real economy.\n- Papers addressing the following questions:\n  - Can the next capital account crisis be predicted?\n  - Are accepted definitions of debt crises adequate?\n  - Will the Doha Round of trade talks (if they are ever successfully completed) lead to preference erosion?\n  - Is there room for political opportunism in countries deciding between money-based or exchange-rate-based stabilization programs?"
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Balance of payments, Consumption, Current account deficits, Debt default, External debt, Financial crises, National accounts, Tariffs, Taxes\n- Keywords: Africa, Asia and Pacific, Consumption, current account deficit, Current account deficits, Debt default, debt-servicing difficulty, developing country, East Asia, election cycle, ERBS program, EU market, Global, next election, South Asia, SP, Tariffs"
    },
    {
      "heading": "Availability and formats",
      "content": "- Download PDF available on IMF eLibrary (not listed here).\n- Citation example provided in Chicago format on the landing page.\n\nSource: IMF Staff Papers, Volume 54, No. 2\n\n---\n\n\nSource: https://www.imf.org/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772/index.md)",
    "[Structured JSON version](/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772/index.json)",
    "[Bundle manifest](/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772/bundle-manifest.json)",
    "Published: September 26, 2007",
    "Series: IMF Staff Papers",
    "Volume: 54",
    "DOI: https://doi.org/10.5089/9781589066502.024",
    "Publication date: September 26, 2007",
    "Volume: 2007",
    "Issue: 003",
    "Series: IMF Staff Papers No. 2007/003",
    "Pages: 235",
    "DOI: https://doi.org/10.5089/9781589066502.024",
    "Stock No: SPIEA2007002",
    "ISBN: 9781589066502",
    "ISSN: 1020-7635",
    "The lead paper is the 2006 Mundell-Fleming Lecture delivered at the ARC by Olivier Blanchard (Harvard University).",
    "Focus: analysis of current-account deficits in the advanced economies.",
    "Relationship between international financial integration and the real economy.",
    "Papers addressing the following questions:",
    "Subject: Balance of payments, Consumption, Current account deficits, Debt default, External debt, Financial crises, National accounts, Tariffs, Taxes",
    "Keywords: Africa, Asia and Pacific, Consumption, current account deficit, Current account deficits, Debt default, debt-servicing difficulty, developing country, East Asia, election cycle, ERBS program, EU market, Global, next election, South Asia, SP, Tariffs",
    "Download PDF available on IMF eLibrary (not listed here).",
    "Citation example provided in Chicago format on the landing page."
  ],
  "alternates": {
    "markdown": "/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772/index.md",
    "json": "/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772/index.json",
    "bundleManifest": "/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-21T15:06:26.939Z"
}