Browse

You are looking at 1 - 5 of 5 items for :

  • Type: Journal Issue x
  • Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy x
Clear All Modify Search

Abstract

This volume examines how independent evaluation contributes to the legitimacy and effectiveness of the IMF. It describes the evolution and impact of the Independent Evaluation Office ten years after its creation as well as the challenges it has faced. It also incorporates feedback from a wide range of internal and external actors and offers useful insights for international organizations, academics, and other global stakeholders.

International Monetary Fund. Independent Evaluation Office

Abstract

This fifth Annual Report describes the activities of the Independent Evaluation Office (IEO) during the year to April 30, 2008. This period saw the completion of two evaluations, "Structural Conditionality in IMF-Supported Programs" smf "Governance of the IMF".

International Monetary Fund. Independent Evaluation Office

Abstract

The IEO’s latest Annual Report covers its activities during the financial year ended April 2007. It summarizes the most recent IEO evaluations of The IMF and Aid to Sub-Saharan Africa and IMF Exchange Rate Policy Advice. The report also presents messages that are common to many IEO evaluations and are particularly noteworthy as the IMF proceeds with the implementation of its Medium-Term Strategy. Other topics discussed include implementation of recommendations made in 2006 by the External Evaluation Panel of the IEO, ongoing projects, the identification of future evaluations, and summaries of follow-ups of past evaluations.

International Monetary Fund. Independent Evaluation Office

Abstract

This report evaluates the role of the IMF in supporting economic reform in Jordan during 1989–2004. The evaluation provides an opportunity to assess typical features of relations between the IMF and its borrowing members, and to put into a specific country context IEO’s earlier findings on program design and the links between programs, surveillance, and technical assistance. The report highlights a number of broad lessons suggested by the IMF’s experience in Jordan, as well as other lessons focusing on the IMF’s future role in Jordan.

Mr. Ghiath Shabsigh and Ilker Domaç
This paper examines the effect of the real exchange rate misalignment (RERMIS) on the collective economic growth of Egypt, Jordan, Morocco, and Tunisia. The paper constructs three measures of exchange rate misalignment based on purchasing power parity; a black market exchange rate; and a structured model. The empirical investigation confirmed the adverse effect of RERMIS on growth, using all measures of RERMIS, as predicted by endogenous growth models. The results also highlighted the role of other factors; specifically, capital growth and population have the theoretical signs predicted by the Solow growth model and are statistically significant.