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International Monetary Fund. Independent Evaluation Office

Abstract

The Independent Evaluation Office (IEO) was established by the IMF’s Executive Board in 2001. It provides objective and independent evaluation of issues related to the IMF. The IEO operates independently of IMF management and at arm’s length from the IMF Executive Board. For more information on the IEO’s activities, visit the IEO website: www.ieo-imf.org.

International Monetary Fund. Independent Evaluation Office

Abstract

La Oficina de Evaluación Independiente (OEI) fue creada por el Directorio Ejecutivo del FMI en 2001. Proporciona evaluaciones objetivas e independientes sobre asuntos relacionados con el FMI. La OEI opera con independencia de la Gerencia y sin interferencias del Directorio Ejecutivo del FMI. Véase más información sobre las actividades de la OEl en su sitio web: www.ieo-imf.org.

International Monetary Fund. Independent Evaluation Office

Abstract

The Independent Evaluation Office (IEO) was established by the IMF’s Executive Board in 2001. It provides objective and independent evaluation of issues related to the IMF. The IEO operates independently of IMF management and at arm’s length from the IMF Executive Board. For more information on the IEO’s activities, visit the IEO website: www.ieo-imf.org.

International Monetary Fund. Independent Evaluation Office

Abstract

The Independent Evaluation Office (IEO) was established by the IMF’s Executive Board in 2001. It provides objective and independent evaluation of issues related to the IMF. The IEO operates independently of IMF management and at arm’s length from the IMF Executive Board. For more information on the IEO’s activities, visit the IEO website: www.ieo-imf.org.

International Monetary Fund. Independent Evaluation Office

Abstract

Le Bureau indépendant d’évaluation (BIE) a été créé en 2001 par le conseil d'administration du FMI. Il évalue de manière objective et indépendante des questions liées au FMI. Le BIE fonctionne en toute indépendance de la direction et du Conseil d’administration du FMI. Pour en savoir plus sur les activités du BIE, visitez son site web : www.ieo-imf.org.

International Monetary Fund. Independent Evaluation Office

Abstract

This paper assesses the degree to which the IMF governance is effective and efficient, and whether it provides sufficient accountability and channels for stakeholders to have their views heard. The focus is on institutional structures as well as on the formal and informal relationships between the IMF’s main bodies of governance: the Executive Board, Management, and the International Monetary and Financial Committee. The evaluation highlights that for much of the past six decades, gradual reforms in its governance allowed the IMF to remain relevant in a changing world economy.

International Monetary Fund
This paper reviews implementation of the Fund’s external communications strategy and suggests issues that the Board may wish to discuss at its third meeting since 1998 on the subject. The strategy has been shaped by the previous Board discussions and more recent decisions and discussions on transparency, conditionality, PRSP/PRGF, the Independent Evaluation Office, and other issues. This paper represents more of a stocktaking than a fundamental reconsideration of the Fund’s approach to external communications. It examines the progress made in recent years and steps that might be taken with current resources to increase the effectiveness of the strategy.