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Staff Discussion Notes

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues.

July 28, 2016
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2016

Emigration and Its Economic Impact on Eastern Europe; IMF Staff Discussion Note 16/07; July 20, 2016

Date: July 20, 2016
Note: More information on this title

The Withdrawal of Correspondent Banking Relationships: A Case for Policy Action; IMF Staff Discussion Note 16/06; June 30, 2016

Date: June 30, 2016
Note: More information on this title

Inequality and Unsustainable Growth: Two Sides of the Same Coin? By Andrew G. Berg and Jonathan D. Ostry; IMF Staff Discussion Note SDN/11/08; April 8, 2011.

Date: June 26, 2016
Note: More information on this title

Capital Inflows: The Role of Controls; by Jonathan D. Ostry, Atish R. Ghosh, Karl Habermeier, Marcos Chamon, Mahvash S. Qureshi, and Dennis B.S. Reinhardt; IMF Staff Position Note SPN/10/04; February 19, 2010.

Date: June 26, 2016

Global Implications of Lower Oil Prices; by Aasim M. Husain, Rabah Arezki, Peter Breuer, Vikram Haksar, Thomas Helbling, Paulo Medas, Martin Sommer, and an IMF Staff Team; SDN/15/15; July 2015

Date: June 26, 2016
Note: More information on this title

Fair Play: More Equal Laws Boost Female Labor Force Participation; Prepared by Christian Gonzales, Sonali Jain-Chandra, Kalpana Kochhar, and Monique Newiak; IMF Staff Discussion Note 15/02; February 23, 2015

Date: June 26, 2016
Note: Check out more information on this Discussion Note

Shaping the New Financial System; by José Viñals, Jonathan Fiechter, Ceyla Pazarbasioglu, Laura Kodres, Aditya Narain, and Marina Moretti; IMF Staff Position Note SPN/10/15; October 3, 2010.

Date: June 26, 2016

Rethinking Financial Deepening: Stability and Growth

Date: June 26, 2016
Note: More information on this title

Redistribution, Inequality, and Growth; by Jonathan D. Ostry, Andrew Berg, and Charalambos G. Tsangarides; ; IMF Staff Discussion Note SDN/14/02; February 26, 2014

Date: June 26, 2016
Note: More information on this title

From Ambition to Execution: Policies in Support of Sustainable Development Goals; by Stefania Fabrizio, Rodrigo Garcia-Verdu, Catherine Pattillo, Adrian Peralta-Alva, Andrea Presbitero, Baoping Shang, Geneviève Verdier, Marie-Therese Camilleri, Kazuaki Washimi, Lisa Kolovich, Monique Newiak, Martin Cihak, Inci Otker, Felipe Zanna, and Carol Baker; IMF Staff Discussion Notes 15/18; September 2015

Date: June 26, 2016
Note:

Managing Capital Inflows: What Tools to Use? by Jonathan D. Ostry, Atish R. Ghosh, Karl Habermeier, Luc Laeven, Marcos Chamon, Mahvash S. Qureshi, and Annamaria Kokenyne; Staff Discussion Note SDN/11/06; April 5, 2011.

Date: June 26, 2016

Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis; by Oya Celasun, Francesco Grigoli, Keiko Honjo, Javier Kapsoli, Alexander Klemm, Bogdan Lissovolik, Jan Luksic, Marialuz Moreno-Badia, Joana Pereira, Marcos Poplawski-Ribeiro, Baoping Shang, and Yulia Ustyugova; IMF Staff Discussion Notes No. SDN/15/06; April 28, 2015

Date: June 26, 2016
Note:

Emerging Markets in Transition: Growth Prospects and Challenges; by Luis Cubeddu, Alex Culiuc, Ghada Fayad, Yuan Gao, Kalpana Kochhar, Annette Kyobe, Ceyda Oner, Roberto Perrelli, Sarah Sanya, Evridiki Tsounta, and Zhongxia Zhang; IMF Staff Discussion Note SDN14/06; June 12, 2014

Date: June 26, 2016
Note: More information on this title

Labor Market Policies and IMF Advice in Advanced Economies During the Great Recession; Olivier Blanchard, Florence Jaumotte, and Prakash Loungani; IMF Discussion Note SDN/13/02; March 29, 2013

Date: June 26, 2016

Causes and Consequences of Income Inequality: A Global Perspective; by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, Evridiki Tsounta; SDN/15/13; June 2015

Date: June 26, 2016
Note: More information on this title

The Case for Global Fiscal Stimulus by Charles Freedman, Michael Kumhof, Douglas Laxton, and Jaewoo Lee; IMF Staff Position Note SPN/09/03 - March 6, 2009.

Date: June 25, 2016
Note: More information on this title

Reaching the MDGs: An Action Plan for Trade; by Katrin Elborgh-Woytek, Rob Gregory, and Brad McDonald; IMF Staff Position Note SPN/10/14; September 16, 2010.

Date: June 25, 2016

Fiscal Space; by Jonathan D. Ostry, Atish R. Ghosh, Jun I. Kim, Mahvash S. Qureshi; IMF Staff Position Note SPN/10/11; September 1, 2010.

Date: June 25, 2016

The State of Public Finances: A Cross-Country Fiscal Monitor; by Mark Horton, Manmohan Kumar, and Paolo Mauro; July 30, 2009.

Date: June 25, 2016

Tax Biases to Debt Finance: Assessing the Problem, Finding Solutions; by Ruud A. de Mooij; IMF Staff Discussion Note SDN/11/11; May 3, 2011

Date: June 25, 2016

Default in Today's Advanced Economies: Unnecessary, Undesirable, and Unlikely; by Carlo Cottarelli, Lorenzo Forni, Jan Gottschalk, and Paolo Mauro; IMF Staff Position Note SPN/10/12; September 1, 2010.

Date: June 25, 2016

The State of Public Finances Cross-Country Fiscal Monitor: November 2009; Prepared by the Staff of the Fiscal Affairs Department; November 3, 2009.

Date: June 25, 2016

Long-Term Trends in Public Finances in the G-7 Economies; by Carlo Cottarelli and Andrea Schaechter; IMF Staff Position Note SPN/10/13; September 1, 2010.

Date: June 25, 2016

The Making of Good Supervision: Learning to Say “No”; by Jose Viñals and Jonathan Fiechter with Aditya Narain, Jennifer Elliott, Ian Tower, Pierluigi Bologna, and Michael Hsu; IMF Staff Position Note SPN/10/08; May 18, 2010

Date: June 24, 2016
Note: See Also: Intensity and Effectiveness of SIFI Supervision: Recommendations for enhanced supervision

Rethinking Macroeconomic Policy; by Olivier Blanchard, Giovanni Dell'Ariccia, and Paolo Mauro; IMF Staff Position Note SPN/10/03; February 12, 2010.

Date: June 24, 2016

Institutional Models for Macroprudential Policy; by Erlend W. Nier, Jacek Osinski, Luis I. Jácome, and Pamela Madrid; IMF Staff Discussion Note SDN/11/18; November 1, 2011

Date: June 24, 2016

Fostering Growth in Europe Now; by Bergljot Barkbu, Jesmin Rahman, Rodrigo Valdés, and a staff team; IMF Staff Discussion Note 12/07; June 18, 2012

Date: June 24, 2016

Unconventional Choices for Unconventional Times: Credit and Quantitative Easing in Advanced Economies; by Vladimir Klyuev, Phil de Imus, and Krishna Srinivasan; IMF Staff Position Note SPN/09/27; November 4, 2009.

Date: June 24, 2016

Petroleum Product Subsidies: Costly, Inequitable, and Rising; by David Coady, Robert Gillingham, Rolando Ossowski, John Piotrowski, Shamsuddin Tareq, and Justin Tyson; IMF Staff Position Note SPN/10/05; February 25, 2010

Date: June 24, 2016

Internationalization of Emerging Market Currencies: A Balance between Risks and Rewards; by Samar Maziad, Pascal Farahmand, Shengzu Wang, et al. IMF Staff Position Note SPN/11/17; October 19, 2011.

Date: June 24, 2016

The Fiscal Consequences of Shrinking Populations: by Benedict Clements, Kamil Dybczak, Vitor Gaspar, Sanjeev Gupta, and Mauricio Soto ; IMF Staff Discussion Notes No. 15/21; October 2015

Date: June 24, 2016
Note: More information on this title

Sustainable Development and the International Monetary Fund: Infographic, September 22, 2015

Date: June 24, 2016

Coping with the Crisis: Policy Options for Emerging Market Countries by Atish R. Ghosh, Marcos Chamon, Christopher Crowe, Jun I. Kim, and Jonathan D. Ostry; IMF Staff Position Note SPN/09/08; April 23, 2009.

Date: June 24, 2016

The Refugee Surge in Europe: Economic Challenges; by Shekhar Aiyar, Bergljot Barkbu, Nicoletta Batini, Helge Berger, Enrica Detragiache, Allan Dizioli, Christian Ebeke, Huidan Lin, Linda Kaltani, Sebastian Sosa, Antonio Spilimbergo, and Petia Topalova; IMF Staff Discussion Notes No. 16/02, January 20, 2016

Date: June 24, 2016
Note: More information on this title

Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies; by Era Dabla-Norris, Giang Ho, Kalpana Kochhar, Annette Kyobe, and Robert Tchaidze; IMF Staff Discussion Note SDN 13/08; December 12, 2013.

Date: June 24, 2016
Note: Technical Note
More information on this title

Climate Policy and the Recovery; by Benjamin Jones and Michael Keen; IMF Staff Position Note SPN/09/28; December 4, 2009.

Date: June 24, 2016

Financing the Response to Climate Change; by Hugh Bredenkamp and Catherine Pattillo; IMF Staff Position Note SPN 10/06, March 25, 2010

Date: June 24, 2016
Note: More information on this title

Economic Diversification in LICs: Stylized Facts and Macroeconomic Implications; Chris Papageorgiou and Nikola Spatafora; IMF Staff Discussion Note 12/13; December 14, 2012

Date: June 24, 2016

Policy Responses to Capital Flows in Emerging Markets; by Mahmood Pradhan, Ravi Balakrishnan, Reza Baqir, Geoffrey Heenan, Sylwia Nowak, Ceyda Oner, and Sanjaya Panth; ; IMF Staff Discussion Note SDN/11/10; April 21, 2011

Date: June 24, 2016
Note: More information on this title

Virtual Currencies and Beyond: Initial Considerations; by Dong He, Karl Habermeier, Ross Leckow, Vikram Haksar, Yasmin Almeida, Mikari Kashima, Nadim Kyriakos-Saad, Hiroko Oura, Tahsin Saadi Sedik, Natalia Stetsenko, and Concepcion Verdugo-Yepes; IMF Staff Discussion Note 16/03; January 20, 2016

Date: June 24, 2016

Islamic Finance: Opportunities, Challenges, and Policy Options; by Alfred Kammer, Mohamed Norat, Marco Piñón, Ananthakrishnan Prasad, Christopher Towe, Zeine Zeidane, and an IMF Staff Team; IMF Staff Discussion Notes No. SDN/15/05; April 6, 2015.

Date: June 24, 2016
Note: IMF and Islamic Finance

Addressing Information Gaps by R. Barry Johnston, Effie Psalida, Phil de Imus, Jeanne Gobat, Mangal Goswami, Christian Mulder, and Francisco Vazquez; IMF Staff Position Note SPN/09/06 - March 26, 2009.

Date: June 24, 2016

Income Inequality and Fiscal Policy; by Francesca Bastagli, David Coady, and Sanjeev Gupta; IMF Staff Discussion Note 12/08; June 28, 2012

Date: June 24, 2016
Note: Revised version also available

Multilateral Aspects of Managing the Capital Account; by Jonathan D. Ostry, Atish R. Ghosh, and Anton Korinek; SDN 12/10; September 7, 2012

Date: June 24, 2016
Note: Read also

Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries; IMF Discussion Notes SDN/14/10; November 13, 2014

Date: June 24, 2016
Note:

Reforms and Distance to Frontier; Technical Appendix of SDN/13/08; December 12, 2013

Date: June 24, 2016

Financial Inclusion: Can It Meet Multiple Macroeconomic Goals?; by Ratna Sahay, Martin Cihák, Papa N'Diaye, Adolfo Barajas, Srobona Mitra, Annette Kyobe, Yen Nian Mooi,

Date: June 24, 2016
Note: More information on this title

Managing Abundance to Avoid a Bust in Latin America; by Nicolás Eyzaguirre, Martin Kaufman, Steven Phillips, and Rodrigo Valdés; IMF Staff Discussion Notes SDN/11/07; April 7, 2011

Date: June 24, 2016
Note: Also available in Spanish

Economic Diversification in the GCC: Past, Present, and Future; by Tim Callen, Reda Cherif, Fuad Hasanov, Amgad Hegazy, and Padamja Khandelwal; IMF Staff Discussion Note SDN/14/12; December 23, 2014

Date: June 24, 2016
Note: More information on this title

Women, Work, and the Economy: Macroeconomic Gains From Gender Equity; Katrin Elborgh-Woytek, Monique Newiak, Kalpana Kochhar et al.; IMF Staff Discussion Note SDN 13/10; September 23, 2013

Date: June 24, 2016
Note: Full text

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