- Masood Ahmed, President, Center for Global Development (CGD)
- Ratna Sahay, Non-Resident Fellow, CGD; former Senior Advisor on Gender, Office of the Managing Director, IMF; Book co-author
- Gaston Gelos, Deputy Head of the Monetary and Economic Department and Head of Financial Stability Policy, Bank of International Settlements (BIS); Book co-author
- José de Gregorio, Professor of Economics, University of Chile; former Governor of Central Bank and former Minister of Economy, Mining, and Energy of Chile
- Linda Tesar, Alan V. Deardorff Collegiate Professor of Economics and Senior Faculty Advisor Strategic Budgetary Affairs, University of Michigan; Co-Director of the International Finance and Macroeconomic Program, National Bureau of Economic Research
- Liliana Rojas-Suarez, Director, Latin American Initiative and Senior Fellow, CGD
Emerging markets and developing economies are severely affected by global shocks and rising volatility of capital flows. Policy responses to address these shocks have varied significantly across countries. What can we learn from recent experiences? Do flexible exchange rates always provide full insulation against the shocks? Is there a combination of policies that work best? These and other questions are the topic of analysis of the just published IMF book, Shocks and Capital Flows: Policy Responses in a Volatile World. Based on cross-country analysis and case studies, the book highlights work by IMF staff to better understand the interactions among the policy tools in an integrated policy framework—an approach that could jointly consider monetary, exchange rate, macroprudential and capital flow management policies.
Join us for a lively discussion with the editors of this book and experts offering perspectives from policymaking and academia.