The 19th Jacques Polak Annual Research Conference: A Note from the Organizer

• Author: Emine Boz
• Pages: 20-20

20

Emine Boz

eboz@IMF.org

The Research Department

held the 19th Jacques Polak

Annual Research Conference on

November12, 2018. This years

conference brought together

researchers and policymakers to

discuss “International Spillovers and

Cooperation,” a timely topic given

the potentially large cross-border

spillovers but decreasing appetite

for cooperation. Uncertainties about

the size and direction of spillovers

abound in all policy areas, so the

conference featured six academic

sessions covering a wide range

of topics, including scal policy

spillovers, design of implementable

rules for international monetary

policy coordination, and the

consequences of trade protection

in an increasingly interconnected

world. The Mundell-Fleming

lecturer, Raghu Rajan, focused

on the spillovers from easy

liquidity and its implications for

multilateralism. A high-level policy

panel comprising Agustin Carstens,

Takatoshi Ito, Silvana Tenreyro,

and Ksenia Yudaeva discussed

the global implications of rising

trade protectionism as rhetoric has

increasingly turned into action, the

role that multilateral institutions

can play in facilitating international

cooperation, and the policy

challenges faced by emerging

marketsas monetary policy

normalizes in large economies.

ON THE ANNUAL RESEARCH

CONFERENCE: A NOTE FROM

THE ORGANIZER

IMF RESEARCH perspectives | IMF.org/researchbulletin