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The Acting Chair’s Summing Up Independent Evaluation Office—An Evaluation of IMF Support to Jordan, 1989–2004

The Acting Chair’s Summing Up Independent Evaluation Office—An Evaluation of IMF Support to Jordan, 1989–2004 »

Source: IEO Report on the Evaluation of IMF Support to Jordan

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 April 2006

ISBN: 9781589064959

Keywords: current account, public debt, fiscal adjustment, external debt, current account balance

Executive Directors commended the Independent Evaluation Office (IEO) for preparing a thorough and valuable assessment of the Fund’s support to Jordan during 1989–2004. They noted that the report addresses i...

The Chairman’s Summing up Independent Evaluation Office Report on the Role of the Fund in Argentina, 1991–2001

The Chairman’s Summing up Independent Evaluation Office Report on the Role of the Fund in Argentina, 1991–2001 »

Source: The IMF and Argentina, 1991-2001

Series: Independent Evaluation Office Reports

Author(s): Isabelle Mateos y Lago , Shinji Takagi , Ricardo Martin , Misa Takebe , and Benjamin Cohen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2004

ISBN: 9781589063808

Keywords: public debt, exchange rate, fiscal policy, debt sustainability, debt restructuring

Executive Directors commended the Independent Evaluation Office (IEO) for preparing a balanced and comprehensive report on the Fund’s role in Argentina during 1991–2001. They noted that the report raises imp...

Chapter 3 Crisis Management, 2000–01

Chapter 3 Crisis Management, 2000–01 »

Source: The IMF and Argentina, 1991-2001

Series: Independent Evaluation Office Reports

Author(s): Isabelle Mateos y Lago , Shinji Takagi , Ricardo Martin , Misa Takebe , and Benjamin Cohen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2004

ISBN: 9781589063808

Keywords: public debt, exchange rate, fiscal policy, debt sustainability, debt restructuring

This chapter presents an evaluation of the IMF’s crisis management strategy from late 2000 through the collapse of convertibility during the first few days of 2002, focusing on issues and developments releva...

Chapter 3 Effectiveness of the Programs: What Was Achieved and How

Chapter 3 Effectiveness of the Programs: What Was Achieved and How »

Source: IEO Report on the Evaluation of IMF Support to Jordan

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 April 2006

ISBN: 9781589064959

Keywords: current account, public debt, fiscal adjustment, external debt, current account balance

This chapter examines the extent to which the objectives of programs were achieved, and what factors contributed to success or lack thereof. The objectives focused on are the same ones highlighted in Chapter...

Chapter 1 Introduction

Chapter 1 Introduction »

Source: The IMF and Argentina, 1991-2001

Series: Independent Evaluation Office Reports

Author(s): Isabelle Mateos y Lago , Shinji Takagi , Ricardo Martin , Misa Takebe , and Benjamin Cohen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2004

ISBN: 9781589063808

Keywords: public debt, exchange rate, fiscal policy, debt sustainability, debt restructuring

The Argentine crisis of 2000–02 was among the most severe of recent currency crises. The currency-board-like arrangement, under which the peso had been pegged at parity with the U.S. dollar since 1991, colla...

Chapter 1 Introduction

Chapter 1 Introduction »

Source: IEO Report on the Evaluation of IMF Support to Jordan

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 April 2006

ISBN: 9781589064959

Keywords: current account, public debt, fiscal adjustment, external debt, current account balance

After 15 years of almost continuous involvement in IMF-supported programs (see Table 1.1, and Annex 1), Jordan “graduated” from reliance on such programs in July 2004. This evaluation assesses how well IMF s...

Chapter 5 Issues Related to IMF Internal Processes and Policies

Chapter 5 Issues Related to IMF Internal Processes and Policies »

Source: IEO Report on the Evaluation of IMF Support to Jordan

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 April 2006

ISBN: 9781589064959

Keywords: current account, public debt, fiscal adjustment, external debt, current account balance

In this chapter, IMF-Jordan relations are examined from the perspective of IMF internal processes and policies, focusing on the following aspects: The interaction betwee...

Chapter 4 Lessons from the Argentine Crisis

Chapter 4 Lessons from the Argentine Crisis »

Source: The IMF and Argentina, 1991-2001

Series: Independent Evaluation Office Reports

Author(s): Isabelle Mateos y Lago , Shinji Takagi , Ricardo Martin , Misa Takebe , and Benjamin Cohen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2004

ISBN: 9781589063808

Keywords: public debt, exchange rate, fiscal policy, debt sustainability, debt restructuring

This concluding chapter draws on the previous two chapters to summarize the major findings of the evaluation, and presents ten lessons for the IMF that are suggested by these findings. The chapter then concl...

Chapter 2 Surveillance and Program Design, 1991–2000

Chapter 2 Surveillance and Program Design, 1991–2000 »

Source: The IMF and Argentina, 1991-2001

Series: Independent Evaluation Office Reports

Author(s): Isabelle Mateos y Lago , Shinji Takagi , Ricardo Martin , Misa Takebe , and Benjamin Cohen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2004

ISBN: 9781589063808

Keywords: public debt, exchange rate, fiscal policy, debt sustainability, debt restructuring

This chapter reviews the IMF’s prolonged involvement in Argentina from the introduction of the convertibility regime in 1991 until the onset of crisis in late 2000. The purpose is to determine the extent to...

Chapter 2 The Design of Jordan’s IMF-Supported Programs

Chapter 2 The Design of Jordan’s IMF-Supported Programs »

Source: IEO Report on the Evaluation of IMF Support to Jordan

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 April 2006

ISBN: 9781589064959

Keywords: current account, public debt, fiscal adjustment, external debt, current account balance

The main question discussed here is how well suited to addressing Jordan’s major adjustment challenges were the objectives, strategies, and policies contained in the various programs supported by the IMF. Th...