## IMF Staff Papers, Volume 54, No. 2

_IMF Staff Papers, September 26, 2007_

## Source details

**Canonical URL:** [IMF Staff Papers, Volume 54, No. 2](https://www.imf.org/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772)

## Other formats

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## Bibliographic details
- Published: September 26, 2007
- Series: IMF Staff Papers
- Volume: 54
- DOI: https://doi.org/10.5089/9781589066502.024

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### Summary and context
- 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

### Lead contribution (Seventh Jacques Polak Annual Research Conference, November 2006)
- 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.

### Other substantive contributions and themes
- Relationship between international financial integration and the real economy.
- Papers addressing the following questions:
  - Can the next capital account crisis be predicted?
  - Are accepted definitions of debt crises adequate?
  - Will the Doha Round of trade talks (if they are ever successfully completed) lead to preference erosion?
  - Is there room for political opportunism in countries deciding between money-based or exchange-rate-based stabilization programs?

### Subjects and keywords
- 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

### Availability and formats
- Download PDF available on IMF eLibrary (not listed here).
- Citation example provided in Chicago format on the landing page.

*Source: IMF Staff Papers, Volume 54, No. 2*

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_Source: https://www.imf.org/en/publications/imf-staff-papers/issues/2016/12/31/imf-staff-papers-volume-54-no-19772_