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Business and Economics > Information Management

You are looking at 1 - 9 of 9 items for :

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Cover Selected Issues Papers
Public Procurement in South Africa: Issues and Reform Options
Mr. Alejandro Simone
and
Vybhavi Balasundharam
The 2015 Supply Chain Management Review lays out a sound agenda for procurement reform. The ongoing work on a new procurement bill and regulations are an important opportunity to spearhead procurement reform and step-up implementation. Several important reform aspects worth prioritizing are the simplification and standardization of aprocurement procedures, the standardization of transparency requirements through the adoption of the Open Contracting Data Standards, transitioning to a new e-procurement system that is linked to the government’s integrated financial management information system (IFMIS) and other systems, making preferential procurement more cost effective and goal oriented, and strengthening staff capacity to carry out procurement. Opportunities to centralize procurement should be further explored to leverage and develop limited capacity.
Keywords:
National Government Expenditure; Performance of Government; Public Goods; Public Procurement; Expenditure efficiency; procurement reform; reform option; e-procurement system; step-up implementation; procurement contract; Public sector; Integrated financial management information systems; Open data; Africa
Cover The IMF and Capacity Development: Evaluation Report 2022
The IMF and Capacity Development: Evaluation Report 2022
International Monetary Fund. Independent Evaluation Office

Abstract

Capacity development (CD) is a key function of the IMF, aiming to assist its member countries develop their institutional and human capacity to design and implement sound macroeconomic and financial policies. CD has been provided to all IMF member countries at some point, although it is directed mainly toward low- and middle-income countries. CD represents about one-third of the IMF’s administrative budget, having expanded substantially in the past decade. This evaluation assesses how effective the IMF has been in meeting the CD needs and expectations of recipient countries, and the Fund’s institutional objectives for CD, during 2012-20. It also provides an initial review of how IMF CD adapted to the challenges of the COVID-19 pandemic. The evaluation finds that IMF CD was relevant, valued, and broadly effective. Recipients, donors, and the wider membership saw IMF CD as being of the highest technical quality in the Fund’s core areas of expertise and generally perceived that it had become better tailored to recipient needs and circumstances. Overall, Fund CD has supported member countries in building the institutional capacity, in a very wide range of country circumstances. The IMF has also put substantial effort into integrating CD with surveillance and programs, which has in general enhanced its overall engagement with member countries. While recognizing these achievements, the evaluation also identifies a number of important shortcomings and challenges. The evaluation includes recommendations to enhance the strategic framework for, and prioritization of, CD; information available to Executive Directors and opportunities to exercise their oversight role; the integration of CD with surveillance and programs, particularly in the context of programs; CD ownership and delivery; the monitoring and evaluation framework; the sustainability of the CD funding model; and HR policies and incentives to maintain and develop the expertise in the Fund’s core and newly emerging CD topics.

Keywords:
Capacity Development; Technical Assistance; Training; Donors; Capacity Building; Institutional Capacity; IMF CD; CD strategy review; CD resource; CD ownership; CD work; COVID-19; Absorptive capacity; Climate change; Information and data management; Global; Middle East and Central Asia; Middle East; Central America; Southeast Asia; North Africa; Africa; Western Hemisphere; Europe; Asia and Pacific
Cover Technical Notes and Manuals
Use of Technology in Tax Administrations 2: Core Information Technology Systems in Tax Administrations
Ms. Margaret Cotton
and
Gregory Dark
This technical note is the second of three addressing information technology (IT) themes and issues relevant to tax administrations. This note addresses how to select a suitable IT system for core tax administration functions. Note one covers the use of IT in tax administrations and how to develop an information technology strategic plan (ITSP). The third note focuses on implementation of a commercial-off-the-shelf (COTS) system. These technical notes are primarily for tax administrations that have no technology to manage their core tax processes, or their technology is limited and outdated. These notes focus on core tax functions and do not address other business systems (e.g., payroll, finance, document, and asset management systems).
Keywords:
TNM; administration; data; system; tax administration
Cover Policy Papers
Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Report “Behind the Scenes with Data at the IMF: An IEO Evaluation”
International Monetary Fund
This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) report entitled Behind the Scenes with Data at the IMF: An IEO Evaluation. The implementation plan proposes specific actions to address the recommendations of the IEO that were endorsed by the Board in its March 17, 2016 discussion of the IEO’s report, namely: (i) develop a long-term strategy for data and statistics at the Fund; (ii) define and prioritize the Fund’s data needs and support data provision by member countries accordingly; (iii) reconsider the role and mandate of the Statistics Department; (iv) reexamine the staff’s structure of incentives in the area of data management; (v) make clear the limits of IMF responsibility regarding the quality of disseminated data, and clarify the distinction between “IMF data” and “official data.” The implementation of some of these proposed actions is already underway. The paper also explains how implementation will be monitored.
Keywords:
PP; Fund; data management; data management structure
Cover IMF Working Papers
Saving in Latin America and the Caribbean: Performance and Policies
Mr. Francesco Grigoli
,
Alexander Herman
, and
Klaus Schmidt-Hebbel
This paper analyzes saving patterns and determinants in Latin America and the Caribbean (LAC), including key policy variables and regimes. The review of previous empirical studies on LAC saving reveals contradictions and omissions. This paper presents empirical results of an extensive search of determinants of private and public saving rates, adding previously neglected variables (including different measures of key external prices and macroeconomic policy regimes), in linear form and in interactions with other saving determinants. It analyzes statistical differences in saving determinants between LAC and the rest of the world in a nested econometric framework, and discusses differences across three country subgroups within LAC. The results highlight commonalities and differences in saving behavior between LAC and other world regions, as well as within LAC, identifying the role of key policy variables and regimes.
Keywords:
WP; growth rate; LAC subgroup; private sector; consumption; private saving; public saving; Latin America; saving rate; LAC saving; saving effect; saving determinant; oil exporter; standard deviation; LAC oil exporter; discount factor raise saving; household saving; LAC dummy; Private savings; Technology transfer; Fiscal rules; Inflation targeting; Income; Middle East and Central Asia; Asia and Pacific; Europe
Cover Policy Papers
Progress Report on the Activities of the Independent Evaluation Office
International Monetary Fund
This report summarizes the activities of the Independent Evaluation Office (IEO) since the 2011 Annual Meetings. In this period, the IEO has advanced work on three ongoing evaluations: International Reserves: IMF Advice and Country Perspectives, The Role of the IMF as Trusted Advisor, and Learning from Experience at the IMF: An IEO Assessment of Self-Evaluation Systems. The IEO expects to submit these evaluations to the Executive Board over the course of the year. The IEO has begun consultations on topics for future evaluations and will present a tentative work program to the Executive Board for review in due course.
Keywords:
PP; evaluation; IEO evaluation; IMF governance; stakeholder
Cover IMF Staff Country Reports
Pakistan: Report on the Observance of Standards and Codes—Data Module, Reassessment of Monetary Statistics; Response by the Authorities; and Detailed Assessment Using Quality Assessment Framework (DQAF)
International Monetary Fund
This paper discusses key findings of the Report on the Observance of Standards and Codes on Data Module for Pakistan. Based on the review of Pakistan’s statistical practices, recommendations are made that are aimed at strengthening Pakistan’s adherence to the internationally accepted practices, as well as at enhancing the usefulness of its monetary statistics. For the central bank’s survey, it is recommended to revalue the State Bank of Pakistan’s Fund positions and gold assets on a monthly basis at end-month market exchange rates and market gold prices.
Keywords:
ISCR; CR; fund position; data; data revision policy; SBP staff; market gold price; ROSC data Module; SBP's website; finance department of SBP; Monetary statistics; Big data; Commercial banks; Financial statements; Data collection
Cover IMF Working Papers
Technology Diffusion, Services, and Endogenous Growth in Europe. is the Lisbon Strategy Useful?
International Monetary Fund
We explore the role of business services in knowledge accumulation and growth and the determinants of knowledge diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the United States. Policy simulations illustrate the benefits for EU growth of the deepening of the single market, the reduction of regulatory barriers, and the accumulation of technology and human capital. Our results support the basic insights of the Lisbon Agenda. Economic growth in Europe is enhanced to the extent that: trade in services increases, technology accumulation and diffusion increase, regulation becomes both less intensive and more uniform across countries, and human capital accumulation increases in all countries.
Keywords:
WP; rate of growth; service sector; product market; Economic integration; manufacturing and services; technology diffusion; technology accumulation; EU output growth; EU product market regulation; estimation result; EU integration; Human capital; Technology transfer; Trade in services; Information technology in revenue administration; Europe
Cover IMF Working Papers
Improving the Management of a Central Bank: A Case Study
Mr. John Mendzela
This paper examines how major efficiency gains and improved effectiveness were simultaneously achieved at the Reserve Bank of New Zealand over a five-year period. It identifies the business management concepts that were used to transform the organization, outlines how they were applied, and evaluates the benefits obtained. The paper concludes that substantial real efficiency gains were achieved, while effectiveness was maintained or enhanced. Looking more widely, the business management concepts used to achieve these benefits could be applied to other central banks.
Keywords:
WP; efficiency gain; RBNZ staff; senior management; The RBNZ culture; property manager; resource base; RBNZ culture; RBNZ organization chart; RBNZ goal; internal audit group; RBNZ change; price stability objective; staff number; career staff; Budget planning and preparation; Information and data management; Performance audit; Employment