{ "title": "Nikola Spatafora", "sourceUrl": "https://www.imf.org/en/research/researcher-cv/author/spatafora-nikola", "canonical": "https://www.imf.org/en/research/researcher-cv/author/spatafora-nikola", "overlayPath": "/en/research/researcher-cv/author/spatafora-nikola/index.md", "summary": "Dr. Nikola Spatafora is Lead Research Economist for East Asia & the Pacific at the World Bank. He is currently on leave from the IMF, where he has served in the Research Department, European Department, Fiscal Affairs Department, and IMF Institute.", "authors": [ "Nikola Spatafora" ], "sections": [ { "heading": "Biography", "content": "Dr. Nikola Spatafora is Lead Research Economist for East Asia & the Pacific at the World Bank. He is currently on leave from the IMF, where he has served in the Research Department, European Department, Fiscal Affairs Department, and IMF Institute.\n\nHis research interests and publications focus on:\n\nEconomic Growth Structural Transformation International Trade Oil and Natural Resources Remittances FDI\n\nHe has published widely, including in the Journal of International Economics, Journal of Development Economics, IMF World Economic Outlook, and World Bank Global Economic Prospects. His research has also been featured in the Economist, Financial Times, and Wall Street Journal.\n\nHe holds a Ph.D. in Economics from Yale, and a B.A. (First Class) in Politics, Philosophy, & Economics from Balliol College, Oxford.\n\nPersonal Web Page" }, { "heading": "Education", "content": "- YALE UNIVERSITY, Ph.D., Economics (1997)\n\n- OXFORD UNIVERSITY, B.A. (First-Class Honours), Politics, Philosophy, & Economics (1991)" }, { "heading": "Previous Experience", "content": "- WORLD BANK, Development Economics Research Group, Washington DC Consultant, 1995, 1994, 1993.\n\n- YALE UNIVERSITY Teaching Assistant / Lecturer, 1993–1997: Graduate International Economics, Graduate Macroeconomics, and Undergraduate Macroeconomics.\n\n- DRESDNER KLEINWORT BENSON, London, UK Summer Associate, 1992." }, { "heading": "Professional Activities", "content": "- Referee for: American Economic Review, Economic Journal, Journal of Development Economics, Journal of International Economics, Journal of Political Economy, Journal of Population Economics, Quarterly Journal of Economics, Review of Economics and Statistics, Review of Economic Studies, World Development, and World Bank Economic Review." }, { "heading": "Awards and Honors", "content": "- 1996–97: Robert Leylan Prize Dissertation Fellowship\n\n- 1995: Sasakawa Young Leaders Fellowship\n\n- 1992–94: Yale University Doctoral Fellowship\n\n- 1992: Einaudi Foundation (Turin, Italy) Fellowship\n\n- 1990: Oxford University Roy Jenkins Prize in Economics\n\n- 1989: Balliol College, Oxford, Merit Scholarship" }, { "heading": "Country work or Mission Assignment", "content": "- Country Officer: Cyprus, Italy, Portugal, Russia. Missions & Review: Albania, Brazil, China, Greece, India, Ireland, Japan, FYR Macedonia, Oman, South Africa, Turkey." }, { "heading": "IMF Books and Working Papers", "content": "- Unlocking the Potential: AI in Sub-Saharan Africa, Departmental Paper No 2026/013 , July 21, 2026\n\n- Breaking the Trend: Debt Stabilization in Sub-Saharan Africa, IMF Notes No 2025/001 , April 25, 2025\n\n- Shedding Light on the Local Impact of Temperature, Working Paper No. 2024/178 , August 16, 2024\n\n- Economic Diversification in Developing Countries: Lessons from Country Experiences with Broad-Based and Industrial Policies, Departmental Paper No 2024/006 , July 30, 2024\n\n- Industrial Policy for Growth and Diversification: A Conceptual Framework, Departmental Paper No 2022/017 , September 30, 2022\n\n- Education and Health for Inclusiveness, Working Paper No. 2021/060 , March 5, 2021\n\n- Regional Disparities, Growth, and Inclusiveness, Working Paper No. 2021/038 , February 12, 2021\n\n- Quality Upgrading and Export Performance in the Asian Growth Miracle, Working Paper No. 2019/259 , November 27, 2019\n\n- Remittances and Vulnerability in Developing Countries, Working Paper No. 2014/013 , January 27, 2014\n\n- Export Quality in Developing Countries, Working Paper No. 2013/108 , May 15, 2013\n\n- Economic Diversification in LICs: Stylized Facts and Macroeconomic Implications, Staff Discussion Notes No. 2012/013 , December 14, 2012\n\n- Commodity Price Shocks and Fiscal Outcomes, Working Paper No. 2012/112 , May 1, 2012\n\n- Capital Inflows, Financial Development, and Domestic Investment: Determinants and Inter-Relationships, Working Paper No. 2012/120 , May 1, 2012\n\n- Structural Transformation and the sophistication of Production, Working Paper No. 2012/059 , February 1, 2012\n\n- Global Shocks and their Impacton Low-Income Countries: Lessons From theglobal Financial Crisis, Working Paper No. 2011/027 , February 1, 2011\n\n- The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries, Working Paper No. 2010/205 , September 1, 2010\n\n- Commodity Terms of Trade: The History of Booms and Busts, Working Paper No. 2009/205 , September 1, 2009\n\n- Asia Rising: A Sectoral Perspective, Working Paper No. 2007/130 , June 1, 2007\n\n- The Equilibrium Real Exchange Rate in a Commodity Exporting Country: The Case of Russia, Working Paper No. 2003/093 , May 1, 2003" }, { "heading": "Other Published Materials", "content": "- 2009, Structural Reforms and Economic Performance in Advanced and Developing Countries, IMF Occasional Paper 268.\n\n- 2008, \"Globalization, Commodity Prices, and Developing Countries,\" World Economic Outlook, April.\n\n- 2007, \"The Changing Dynamics of the Global Business Cycle,\" World Economic Outlook,October.\n\n- 2007, \"Decoupling the Train: Spillovers and Cycles in the Global Economy,\" World Economic Outlook, April.\n\n- 2006, \"Asia Rising: Patterns of Economic Development and Growth,\" World Economic Outlook, September.\n\n- 2006, \"Oil Prices and Global Imbalances,\" World Economic Outlook, April.\n\n- 2005, \"Building Institutions,\" World Economic Outlook,September.\n\n- 2005, \"Workers' Remittances and Economic Development,\" World Economic Outlook, April.\n\n- 2004, \"How Will Demographic Change Affect the Global Economy?\" World Economic Outlook,September.\n\n- 2004, \"China’s Emergence and Its Impact on the Global Economy,\" World Economic Outlook, April.\n\n- 2003, \"How Concerned Should Developing Countries be about G-3 Exchange Rate Volatility?\" World Economic Outlook, September.\n\n- 2003, \"Growth and Institutions,\" World Economic Outlook, April." }, { "heading": "Publications in Books and Conference Volumes", "content": "- 2010, “The Impact of the Boom in Global Finance on Developing Countries,” Chapter 2, World Bank Global Economic Prospects 2010: Crisis, Finance, and Growth.\n\n- 2009, “Oil Shocks and External Balances,” Journal of International Economics 77(2): 181–194, April; CEPR Discussion Paper 6303, IMF Working Paper 07/110.\n\n- 2008, \"Remittances, Transaction Costs, and Informality,\" Journal of Development Economics 86(2): 356–366, June; World Bank Working Paper WPS 3704." } ], "bullets": [ "YALE UNIVERSITY, Ph.D., Economics (1997)", "OXFORD UNIVERSITY, B.A. (First-Class Honours), Politics, Philosophy, & Economics (1991)", "WORLD BANK, Development Economics Research Group, Washington DC Consultant, 1995, 1994, 1993.", "YALE UNIVERSITY Teaching Assistant / Lecturer, 1993–1997: Graduate International Economics, Graduate Macroeconomics, and Undergraduate Macroeconomics.", "DRESDNER KLEINWORT BENSON, London, UK Summer Associate, 1992.", "Referee for: American Economic Review, Economic Journal, Journal of Development Economics, Journal of International Economics, Journal of Political Economy, Journal of Population Economics, Quarterly Journal of Economics, Review of Economics and Statistics, Review of Economic Studies, World Development, and World Bank Economic Review.", "1996–97: Robert Leylan Prize Dissertation Fellowship", "1995: Sasakawa Young Leaders Fellowship", "1992–94: Yale University Doctoral Fellowship", "1992: Einaudi Foundation (Turin, Italy) Fellowship", "1990: Oxford University Roy Jenkins Prize in Economics", "1989: Balliol College, Oxford, Merit Scholarship", "Country Officer: Cyprus, Italy, Portugal, Russia. Missions & Review: Albania, Brazil, China, Greece, India, Ireland, Japan, FYR Macedonia, Oman, South Africa, Turkey.", "[Unlocking the Potential: AI in Sub-Saharan Africa](https://www.imf.org/en/publications/departmental-papers-policy-papers/issues/2026/07/13/unlocking-the-potential-ai-in-sub-saharan-africa-576489), Departmental Paper No 2026/013 , July 21, 2026", "[Breaking the Trend: Debt Stabilization in Sub-Saharan Africa](https://www.imf.org/en/publications/imf-notes/issues/2025/04/25/breaking-the-trend-debt-stabilization-in-sub-saharan-africa-566178), IMF Notes No 2025/001 , April 25, 2025", "[Shedding Light on the Local Impact of Temperature](https://www.imf.org/en/publications/wp/issues/2024/08/16/shedding-light-on-the-local-impact-of-temperature-553559), Working Paper No. 2024/178 , August 16, 2024", "[Economic Diversification in Developing Countries: Lessons from Country Experiences with Broad-Based and Industrial Policies](https://www.imf.org/en/publications/departmental-papers-policy-papers/issues/2024/07/20/economic-diversification-in-developing-countries-lessons-from-country-experiences-with-532135), Departmental Paper No 2024/006 , July 30, 2024", "[Industrial Policy for Growth and Diversification: A Conceptual Framework](https://www.imf.org/en/publications/departmental-papers-policy-papers/issues/2022/09/28/industrial-policy-for-growth-and-diversification-a-conceptual-framework-519714), Departmental Paper No 2022/017 , September 30, 2022", "[Education and Health for Inclusiveness](https://www.imf.org/en/publications/wp/issues/2021/03/05/education-and-health-for-inclusiveness-50135), Working Paper No. 2021/060 , March 5, 2021", "[Regional Disparities, Growth, and Inclusiveness](https://www.imf.org/en/publications/wp/issues/2021/02/13/regional-disparities-growth-and-inclusiveness-50076), Working Paper No. 2021/038 , February 12, 2021", "[Quality Upgrading and Export Performance in the Asian Growth Miracle](https://www.imf.org/en/publications/wp/issues/2019/11/27/quality-upgrading-and-export-performance-in-the-asian-growth-miracle-48796), Working Paper No. 2019/259 , November 27, 2019", "[Remittances and Vulnerability in Developing Countries](https://www.imf.org/en/publications/wp/issues/2016/12/31/remittances-and-vulnerability-in-developing-countries-41279), Working Paper No. 2014/013 , January 27, 2014", "[Export Quality in Developing Countries](https://www.imf.org/en/publications/wp/issues/2016/12/31/export-quality-in-developing-countries-40536), Working Paper No. 2013/108 , May 15, 2013", "[Economic Diversification in LICs: Stylized Facts and Macroeconomic Implications](https://www.imf.org/en/publications/staff-discussion-notes/issues/2016/12/31/economic-diversification-in-lics-stylized-facts-and-macroeconomic-implications-40166), Staff Discussion Notes No. 2012/013 , December 14, 2012", "[Commodity Price Shocks and Fiscal Outcomes](https://www.imf.org/en/publications/wp/issues/2016/12/31/commodity-price-shocks-and-fiscal-outcomes-25892), Working Paper No. 2012/112 , May 1, 2012", "[Capital Inflows, Financial Development, and Domestic Investment: Determinants and Inter-Relationships](https://www.imf.org/en/publications/wp/issues/2016/12/31/capital-inflows-financial-development-and-domestic-investment-determinants-and-inter-25907), Working Paper No. 2012/120 , May 1, 2012", "[Structural Transformation and the sophistication of Production](https://www.imf.org/en/publications/wp/issues/2016/12/31/structural-transformation-and-the-sophistication-of-production-25746), Working Paper No. 2012/059 , February 1, 2012", "[Global Shocks and their Impacton Low-Income Countries: Lessons From theglobal Financial Crisis](https://www.imf.org/en/publications/wp/issues/2016/12/31/global-shocks-and-their-impacton-low-income-countries-lessons-from-theglobal-financial-crisis-24613), Working Paper No. 2011/027 , February 1, 2011", "[The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries](https://www.imf.org/en/publications/wp/issues/2016/12/31/the-end-of-an-era-the-medium-and-long-term-effects-of-the-global-crisison-growth-in-low-24190), Working Paper No. 2010/205 , September 1, 2010", "[Commodity Terms of Trade: The History of Booms and Busts](https://www.imf.org/en/publications/wp/issues/2016/12/31/commodity-terms-of-trade-the-history-of-booms-and-busts-23307), Working Paper No. 2009/205 , September 1, 2009", "[Asia Rising: A Sectoral Perspective](https://www.imf.org/en/publications/wp/issues/2016/12/31/asia-rising-a-sectoral-perspective-20980), Working Paper No. 2007/130 , June 1, 2007", "[The Equilibrium Real Exchange Rate in a Commodity Exporting Country: The Case of Russia](https://www.imf.org/en/publications/wp/issues/2016/12/30/the-equilibrium-real-exchange-rate-in-a-commodity-exporting-country-the-case-of-russia-16500), Working Paper No. 2003/093 , May 1, 2003", "2009, Structural Reforms and Economic Performance in Advanced and Developing Countries, IMF Occasional Paper 268.", "[2008, \"Globalization, Commodity Prices, and Developing Countries,\" World Economic Outlook, April.](http://www.imf.org/external/pubs/ft/weo/2008/01/pdf/c5.pdf)", "[2007, \"The Changing Dynamics of the Global Business Cycle,\" World Economic Outlook,October.](http://www.imf.org/external/pubs/ft/weo/2007/02/pdf/c5.pdf)", "[2007, \"Decoupling the Train: Spillovers and Cycles in the Global Economy,\" World Economic Outlook, April.](http://www.imf.org/external/pubs/ft/weo/2007/01/pdf/c4.pdf)", "[2006, \"Asia Rising: Patterns of Economic Development and Growth,\" World Economic Outlook, September.](http://www.imf.org/external/pubs/ft/weo/2006/02/pdf/c3.pdf)", "[2006, \"Oil Prices and Global Imbalances,\" World Economic Outlook, April.](http://www.imf.org/external/pubs/ft/weo/2006/01/pdf/c2.pdf)", "[2005, \"Building Institutions,\" World Economic Outlook,September.](http://www.imf.org/external/pubs/ft/weo/2005/02/pdf/chapter3.pdf)", "[2005, \"Workers' Remittances and Economic Development,\" World Economic Outlook, April.](http://www.imf.org/Pubs/FT/weo/2005/01/pdf/chapter2.pdf)", "[2004, \"How Will Demographic Change Affect the Global Economy?\" World Economic Outlook,September.](https://www.internationalmonetaryfund.com/external/pubs/ft/weo/2004/02/pdf/chapter3.pdf)", "[2004, \"China’s Emergence and Its Impact on the Global Economy,\" World Economic Outlook, April.](http://www.imf.org/external/pubs/ft/weo/2004/01/pdf/chapter2.pdf)", "[2003, \"How Concerned Should Developing Countries be about G-3 Exchange Rate Volatility?\" World Economic Outlook, September.](http://www.imf.org/external/pubs/ft/weo/2003/02/pdf/chapter2.pdf)", "[2003, \"Growth and Institutions,\" World Economic Outlook, April.](http://www.imf.org/external/pubs/ft/weo/2003/01/pdf/chapter3.pdf)", "[2010, “The Impact of the Boom in Global Finance on Developing Countries,” Chapter 2, World Bank Global Economic Prospects 2010: Crisis, Finance, and Growth.](http://siteresources.worldbank.org/INTGEP2010/Resources/Chapter-2.pdf)", "[2009, “Oil Shocks and External Balances,” Journal of International Economics 77(2): 181–194, April; CEPR Discussion Paper 6303, IMF Working Paper 07/110.](http://dx.doi.org/doi:10.1016/j.jinteco.2009.01.001)", "[2008, \"Remittances, Transaction Costs, and Informality,\" Journal of Development Economics 86(2): 356–366, June; World Bank Working Paper WPS 3704.](http://dx.doi.org/doi:10.1016/j.jdeveco.2007.09.002)", "**CV`**", "[Chapter3 (PDF)](/external/pubs/ft/weo/2003/01/pdf/chapter3.pdf){rel=\"external\" type=\"application/pdf\"}", "[Chapter2 (PDF)](/external/pubs/ft/weo/2003/02/pdf/chapter2.pdf){rel=\"external\" type=\"application/pdf\"}", "[Chapter2 (PDF)](/external/pubs/ft/weo/2004/01/pdf/chapter2.pdf){rel=\"external\" type=\"application/pdf\"}", "[Chapter3 (PDF)](/external/pubs/ft/weo/2005/02/pdf/chapter3.pdf){rel=\"external\" type=\"application/pdf\"}", "[C2 (PDF)](/external/pubs/ft/weo/2006/01/pdf/c2.pdf){rel=\"external\" type=\"application/pdf\"}", "[C3 (PDF)](/external/pubs/ft/weo/2006/02/pdf/c3.pdf){rel=\"external\" type=\"application/pdf\"}", "[C4 (PDF)](/external/pubs/ft/weo/2007/01/pdf/c4.pdf){rel=\"external\" type=\"application/pdf\"}", "[C5 (PDF)](/external/pubs/ft/weo/2007/02/pdf/c5.pdf){rel=\"external\" type=\"application/pdf\"}", "[C5 (PDF)](/external/pubs/ft/weo/2008/01/pdf/c5.pdf){rel=\"external\" type=\"application/pdf\"}", "[Chapter2 (PDF)](/pubs/ft/weo/2005/01/pdf/chapter2.pdf){rel=\"external\" type=\"application/pdf\"}" ], "related": [ { "title": "CV`", "role": "document", "sourceUrl": "https://www.imf.org/-/media/files/cv/pdfs/nikola-spatafora.pdf", "summary": { "path": "/-/media/files/cv/pdfs/nikola-spatafora.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/cv/pdfs/nikola-spatafora.pdf", 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