Browse

You are looking at 1 - 10 of 24 items for :

Clear All
International Monetary Fund. External Relations Dept.

(www.imf.org)

International Monetary Fund. Independent Evaluation Office

Abstract

This chapter discusses key developments in financial year (FY) 2007, including the institutional efforts at implementing the Board-endorsed recommendations made by an independent panel of experts charged with evaluating the activities of the Independent Evaluation Office (IEO).

International Monetary Fund. Independent Evaluation Office

Abstract

The financial year 2008 saw the production of evaluation reports on “Structural Conditionality in IMF-Supported Programs” and “Governance of the IMF.” The Structural Conditionality report was discussed by the Board in FY2008, the Governance report in May 2008. FY2008 also saw Executive Board discussions related to the reports on “The IMF and Aid to Sub-Saharan Africa” and “IMF Exchange Rate Policy Advice.”

International Monetary Fund. Independent Evaluation Office

Abstract

The financial year 2009 saw the production of an evaluation on The IMF’s Approach to International Trade Policy Issues. The Governance of the IMF report was also discussed by the Board in FY2009, and there were discussions on follow-up to the IEO evaluation of Structural Conditionality in IMF-Supported Programs. This recently completed evaluation and follow-up to past evaluations will be discussed in Chapter 2.

International Monetary Fund. Independent Evaluation Office

Abstract

In FY2008, two evaluations were completed, and were subsequently discussed by the Executive Board of the IMF. These were “Structural Conditionality in IMF-Supported Programs” and “Governance of the IMF.” For the Structural Conditionality evaluation the Executive Board also discussed the MIP in response to Board-endorsed recommendations arising from that report.

International Monetary Fund. Independent Evaluation Office

Abstract

One evaluation was completed in FY2007: “The IMF and Aid to Sub-Saharan Africa.” A report for a second evaluation—“IMF Exchange Rate Policy Advice”—was circulated to the Board but not yet discussed by the end of FY2007. A description of the former’s main findings and recommendations is provided below. For the latter, a brief account is made of the main findings.1

International Monetary Fund. Independent Evaluation Office

Abstract

The report for the evaluation of IMF Involvement in International Trade Policy Issues was sent to the Executive Board for discussion in May 2009. The Executive Board discussed in FY2009 the report Governance of the IMF and the Management Implementation Plan for the evaluation of Structural Conditionality in IMF-Supported Programs. Both of these discussions were detailed in the FY2008 IEO Annual Report. This report outlines some of the Board’s subsequent discussions on the topic of IMF governance.

International Monetary Fund. Independent Evaluation Office

Abstract

A number of common messages emerging from earlier evaluations were identified in previous IEO Annual Reports. The evaluations of “The IMF and Aid to Sub-Saharan Africa” and “IMF Exchange Rate Policy Advice, 1999–2005” highlight the need for improvements in managing the process of institutional change within the IMF. The former also stresses some of the messages that had been brought up by previous evaluations that focused on low-income country issues—Prolonged Use of IMF Resources, Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility, Fiscal Adjustment in IMF-Supported Programs, and IMF Technical Assistance. These messages include the need to clarify the role of the IMF in various areas and the importance of strengthening partnerships with other international financial institutions (IFIs) and donors. The evaluation of IMF Exchange Rate Policy Advice also reached conclusions similar to those made in previous evaluations, such as the need to provide clear yardsticks to facilitate the assessment of the impact of IMF advice. These common messages are discussed below.