The Q&A in this issue features seven questions about emerging markets and the financial crisis (by Ayhan Kose); the research summaries are ""Tax Revenue Response to the Business Cycle"" (by Cemile Sancak, Ricardo Velloso, and Jing Xing) and ""Banking Crisis Resolution: Was this Time Different?""...

The September 2011 issue of the IMF's quarterly ""Research Bulletin"" features a Q&A discussion about economic recovery in countries emerging after war or other open. The research summaries in this issue include: ""Revisiting Capital Controls""; and ""Capital Flows and Financial Stability:...

June 2011: The Q&A in this issue features seven questions on the global trade collapse of 2008-09 (by Rudolfs Bems); the research summaries are "The Impact of the Great Recession on Emerging Markets" (by Ricardo Llaudes, Ferhan Salman, and Mali Chivakul) and "The Missing Link between Dutch...

This paper analyzes transmission of the great recession from advanced to emerging economies. The widespread impact of the global financial crisis of 2008–09 has spurred researchers to examine how the associated recession was transmitted from advanced to emerging economies. Recent IMF studies...