Research
Industrial policy and innovation
Cherif, R. and F. Hasanov. 2019. “Principles of True Industrial Policy.” Journal of Globalization and Development 10(1), 1-22. Journal article
“The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy.” IMF Working Paper 2019/074
Cherif, R., F. Hasanov, and M. Zhu (editors). 2016. Breaking the Oil Spell: Gulf Falcons’ Path to Diversification. International Monetary Fund: Washington, DC, April. Book
Ali-Yrkkö, J., R. Cherif, F. Hasanov, N. Kuosmanen, and M. Pajarinen. “Knowledge Spillovers from Superstar Tech-Firms: The Case of Nokia,” Journal of Technology Transfer, forthcoming. IMF Working Paper 2021/258
Cherif, R., F. Hasanov., and M. Sarsenbayev. “Call of Duty: Industrial Policy for the Post-Oil Era,” in D. Babai and J. Sfakianakis (editors), Industrial Policies in the Gulf and the Middle East, forthcoming. IMF Working Paper 2024/074
Cherif, R., F. Hasanov, and Y. Li, "Industrial Policy for Diversification, Innovation, and Growth," University of Oxford Working Paper, forthcoming.
Cherif, R. and F. Hasanov. 2024. “The Pitfalls of Protectionism: Import Substitution vs. Export-Oriented Industrial Policy.” Journal of Industry, Competition and Trade 24(14). Journal article IMF Working Paper 2024/086
Cherif, R. and F. Hasanov. 2024. “When Tolstoy Meets Leontief: Luck, Policies, and Learning from Miracles.” Structural Change and Economic Dynamics 68, 86-97. Journal article IMF Working Paper 2019/074
Cherif, R., M. Engher, and F. Hasanov. 2024. “Crouching Beliefs, Hidden Biases: The Rise and Fall of Growth Narratives.” World Development 173. Journal article IMF Working Paper 2020/228
Aghion, P., R. Cherif, and F. Hasanov. 2023. “Fair and Inclusive Markets: Why Dynamism Matters.” Global Policy 14(5), 686-701. Journal article IMF Working Paper 2021/029
Cherif, R., F. Hasanov, C. Grimpe, and W. Sofka. 2023. “Promoting Innovation: The Differential Impact of R&D Subsidies.” Journal of Industry, Competition and Trade 23, 187-241. Journal article IMF Working Paper 2022/192 Bennett Institute Working Paper
Aghion, P., R. Cherif, and F. Hasanov. 2022. “Competition and Innovation,” in V. Cerra, B. Eichengreen, A. El-Ganainy, and M. Schindler (editors), How to Achieve Inclusive Growth. Oxford: Oxford University Press. Book chapter IMF Working Paper 2021/080
Grimpe, C., W. Sofka, F. Hasanov, and R. Cherif. 2022. “Additionality or Opportunism: Do Host-Country R&D Subsidies Impact Innovation in Foreign MNC Subsidiaries?” Journal of International Business Policy 5(3), 296-327, September. Journal article
Cherif, R., F. Hasanov, N. Spatafora, R. Giri, D. Milkov, S. Quayyum, G. Salinas, and A. Warner. 2022. “Industrial Policy for Growth and Diversification: A Conceptual Framework.” IMF Departmental Paper 2022/017
Cherif, R., F. Hasanov, and G. Xie. 2021. “The Making of East Asia’s Electronics Champions.” Journal of the World Economy (The Revista de Economía Mundial) issue 59. Journal article
Cherif, R. and F. Hasanov. 2019. “Principles of True Industrial Policy.” Journal of Globalization and Development 10(1), 1-22. Journal article IMF Working Paper 2019/074
Cherif, R. and F. Hasanov. 2019. “The Leap of the Tiger: Escaping the Middle-Income Trap to the Technological Frontier.” Global Policy 10(4), 497-511. Journal article IMF Working Paper 2015/131
Cherif, R. and F. Hasanov. 2016. “Soaring of the Gulf Falcons: Diversification in the GCC Oil Exporters in Seven Propositions,” in R. Cherif, F. Hasanov, and M. Zhu (editors), Breaking the Oil Spell: Gulf Falcons’ Path to Diversification. International Monetary Fund: Washington, DC, April. Book chapter IMF Working Paper 2014/177
Callen, T., R. Cherif, F. Hasanov, A. Hegazy, and P. Khandelwal. 2014. “Economic Diversification in the GCC: The Past, the Present, and the Future.” IMF Staff Discussion Note 2014/012
Cherif, R. and F. Hasanov. 2014. “Oil Exporters at the Crossroads: It is High Time to Diversify.” IMF Research Bulletin, December. Journal article
Macroeconomic policy
Cherif, R. and F. Hasanov. 2018. “Public Debt Dynamics: The Effects of Austerity, Inflation, and Growth Shocks.” Empirical Economics 54(3), 1087-1105, May. Journal article IMF Working Paper 2012/230
Cherif, R., F. Hasanov, and L. Wang. 2018. “Sharp Instrument: A Stab at Identifying the Causes of Economic Growth.” IMF Working Paper 2018/117, May. IMF Working Paper 2018/117
Cherif, R. and F. Hasanov. 2018. “The Volatility Trap: Precautionary Saving, Investment, and Aggregate Risk.” International Journal of Finance and Economics 23(2), 174-185, April. Journal article IMF Working Paper 2012/134
Cherif, R. and F. Hasanov. 2013. “Oil Exporters’ Dilemma: How Much to Save and How Much to Invest.” World Development 52, 120-131. Journal article IMF Working Paper 2012/004
Energy transition and climate change
Cherif, R., F. Hasanov, and A. Pande. 2020. “Riding the Energy Transition: Oil Beyond 2040.” Asian Economic Policy Review 16(1). Journal article IMF Working Paper 2017/120
Fighting pandemics
Cherif, R., F. Hasanov, and H. Chen. 2024. “Economic Consequences of Pandemics and How to Prevent Them,” in J. M. Rosen and R. R. Colwell (editors), The COVID-19 Pandemic: Science, Technology, and the Future of Healthcare Delivery, Springer Nature. Book chapter
Cherif, R. and F. Hasanov. 2023. “Testing Our Way Out of Pandemics.” Health Policy and Technology 12(1). Journal article IMF Working Paper 2020/114
Cherif, R. and F. Hasanov. 2021. “Industrial Policy Against Pandemics.” Industrial and Corporate Change, July. Journal article IMF Working Paper 2020/114
Cherif, R. and F. Hasanov. 2020. “A TIP Against the COVID-19 Pandemic.” IMF Working Paper 2020/114