As always a superb literature review by IMF’s Research Bulletin. This issue covers:
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?” (by Luc Laeven and Fabian Valencia).
All very timely issues and must read. Especially the one on tax revenues and business cycle as it is seldom discussed.
Mostly Economics 
