Capacity Development
Author:
International Monetary Fund. Secretary's Department
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English
Keywords:
IMF operation; IMF's work; prompt response; IMF surveillance; IMF country team; COVID-19; Credit; Balance of payments need; Climate change; Poverty reduction strategy; Global; Asia and Pacific; Africa; Central America; Middle East
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Abstract

Strengthening the capacity of institutions, including central banks, finance ministries, revenue administrations, statistical agencies, and financial sector supervisory agencies, results in more effective policies and greater economic stability and inclusion. The IMF works with countries to strengthen these institutions by providing technical assistance and training focused on issues that are critical to economic stability and growth.

Strengthening the capacity of institutions, including central banks, finance ministries, revenue administrations, statistical agencies, and financial sector supervisory agencies, results in more effective policies and greater economic stability and inclusion. The IMF works with countries to strengthen these institutions by providing technical assistance and training focused on issues that are critical to economic stability and growth.

IMF AR 2020

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THE IMF SUPPORTS MEMBERS’ EFFORTS TO BUILD THE INSTITUTIONS AND CAPACITY NECESSARY TO FORMULATE AND IMPLEMENT SOUND POLICIES.

CAPACITY DEVELOPMENT

See page 58 for all sources and notes

IMF AR 2020

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WWW.IMF.ORG/AR2020

Figure 2.3
Figure 2.3

Direct CD Delivery by Region FY 2016–20

Sources: Analytic Costing and Estimation System; IMF Office of Budget and Planning; and IMF staff calculations.
Figure 2.4
Figure 2.4

Direct CD Delivery by Income Group FY 2016–20

Sources: Analytic Costing and Estimation System; IMF Office of Budget and Planning; and IMF staff calculations.Note: Advanced economies are classified according to the April 2019 World Economic Outlook. Low-income developing countries are as defined by the IMF. Emerging market and middle-income economies include those not classified as advanced economies or low-income developing countries.
Figure 2.5
Figure 2.5

Direct CD Delivery by Topic FY 2016–20

Sources: Analytic Costing and Estimation System; IMF Office of Budget and Planning; and IMF staff calculations.

TRAINING FY 2016–20

Figure 2.6
Figure 2.6

Participation by Participant Region of Origin

Sources: Participants and Applicant Tracking System; and IMF staff calculations.Note: Most of the IMF’s training falls under the IMF ICD Training Program, which includes training coordinated by the Institute for Capacity Development (ICD) and delivered by ICD and other departments at the IMF headquarters and globally at the IMF’s Regional Training Centers and in programs to country officials. Training also includes IMF online courses successfully completed by country officials. In addition, it is provided by functional departments outside of the ICD Training Program.
Figure 2.7
Figure 2.7

Participation by Income Group

Sources: Participants and Applicant Tracking System; and IMF staff calculations.Note: Most of the IMF’s training falls under the IMF ICD Training Program, which includes training coordinated by the Institute for Capacity Development (ICD) and delivered by ICD and other departments at the IMF headquarters and globally at the IMF’s Regional Training Centers and in programs to country officials. Training also includes IMF online courses successfully completed by country officials. In addition, it is provided by functional departments outside of the ICD Training Program.
Table 2.3

Thematic and Country Funds For IMF Capacity Development

article image
Note: As of April 30, 2020.
Figure 2.1
Figure 2.1

Capacity Development Spending as Share of Major IMF Activities

Sources: Analytic Costing and Estimation System; IMF Office of Budget and Planning; and IMF staff calculations.

Building Institutions

The IMF provides capacity development—hands-on technical assistance, policy-oriented training, and peer-learning opportunities—so countries can build sustainable and resilient institutions that can weather external shocks. These efforts are an important contribution to countries’ progress toward the Sustainable Development Goals.

Capacity development (CD) focuses on the IMF’s core areas of expertise and helps countries tackle cross-cutting issues, such as income inequality, gender equality, corruption, and climate change. The IMF is uniquely positioned to support its membership with its global reach, institutional experience, and world-class expertise. All countries benefit from capacity development, with more support and better tailoring of capacity development activities for fragile states.

At the request of country authorities, IMF country teams and technical experts develop and implement an integrated work plan. The IMF typically works with countries through a global network of regional centers, in-country placements of long-term resident advisors, short-term visits by IMF staff and experts, classroom training, and free online courses. In response to the COVID-19 pandemic, IMF capacity development teams quickly pivoted to support institutions in formulating their economic policy response, leveraging technology and innovative modalities to ensure continued engagement when countries needed it most.

Figure 2.2
Figure 2.2

Spending on Capacity Development FY 2016–20

(MILLIONS OF US DOLLARS)

Sources: Analytic Costing and Estimation System; IMF Office of Budget and Planning; and IMF staff calculations.
Table 2.4

IMF Regional Capacity Development Centers

article image
article image
The IMF also delivers courses through regional training programs. Note: As of April 30, 2020.

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Cover International Monetary Fund Annual Report 2020
International Monetary Fund Annual Report 2020
Author:
International Monetary Fund. Secretary's Department
ISBN:
9781513538211
ISSN:
2227-8915
Publication Date:
16 Nov 2020
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781513538211.011

Facts
Figure 2.3

Direct CD Delivery by Region FY 2016–20
Figure 2.4

Direct CD Delivery by Income Group FY 2016–20
Figure 2.5

Direct CD Delivery by Topic FY 2016–20
Figure 2.6

Participation by Participant Region of Origin
Figure 2.7

Participation by Income Group
Figure 2.1

Capacity Development Spending as Share of Major IMF Activities
Figure 2.2

Spending on Capacity Development FY 2016–20

(MILLIONS OF US DOLLARS)