Progress Report To The Imfc On The Activities Of The Independent Evaluation Office Of The Imf

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Progress Report to the IMFC on the Activities of the Independent Evaluation Office of the IMF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 3 pages
File Size : 50,6 Mb
Release : 2018-10-13
Category : Business & Economics
ISBN : 9781498310178

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Progress Report to the IMFC on the Activities of the Independent Evaluation Office of the IMF by International Monetary Fund Pdf

Over the past six months, a key theme has been ensuring strong follow-up to IEO evaluations, a priority stressed by the recently competed External Evaluation of the IEO. Of particular note, the Managing Director has issued a statement highlighting actions planned to strengthen the IMF’s engagement with fragile states following our recent evaluation, and this statement is being presented to the IMFC for endorsement. In addition, the IEO has completed two updates of past evaluations, advanced work on two ongoing evaluations (on IMF financial surveillance and on IMF advice related to unconventional monetary policies), and is now considering its future work program in light of the External Evaluation.

Progress Report to The IMFC on The Activities of The Independent Evaluation Office of The IMF

Author : International Monetary,International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 2 pages
File Size : 45,9 Mb
Release : 2022-04-19
Category : Business & Economics
ISBN : 9798400209840

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Progress Report to The IMFC on The Activities of The Independent Evaluation Office of The IMF by International Monetary,International Monetary Fund. Independent Evaluation Office Pdf

Since the 2021 Annual Meetings, the IEO has made considerable progress with three ongoing evaluations, while two management implementation plans (MIPs) to follow up on recommendations from previous evaluations have been approved by the Board. In addition, to mark its twentieth birthday, the IEO organized a virtual conference to reflect on experience from its second decade and consider future challenges. We have also contributed to the ongoing work on institutional integrity at the IMF, drawing on a stocktaking of material contained in past evaluations and are considering additional work on these issues as we select two new evaluation topics later this year.

Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 2 pages
File Size : 44,9 Mb
Release : 2020-04-15
Category : Business & Economics
ISBN : 9781513540559

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Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF by International Monetary Fund. Independent Evaluation Office Pdf

Like everyone else, the IEO is now adapting to new realities in the wake of the coronavirus pandemic. During the five months after the 2019 Annual Meetings, the IEO completed two reports, continued work on two ongoing evaluations, and launched one new evaluation. The IMF also made good progress in following up on past IEO evaluations, including completion of a triage exercise aimed at dealing with the backlog of off-track actions. Unfortunately, IEO work plans are now being affected by the current crisis, as the Fund’s work is necessarily dominated by the challenge of meeting members’ urgent needs. Planned IEO engagement with the Board has been delayed and the schedule for ongoing and new evaluations has to be extended. Nevertheless, the IEO will continue to advance its work program as best it can within the new constraints.

Progress Report to The IMFC on The Activities of The Independent Evaluation Office of The IMF

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 2 pages
File Size : 41,5 Mb
Release : 2024-04-19
Category : Business & Economics
ISBN : 9798400271182

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Progress Report to The IMFC on The Activities of The Independent Evaluation Office of The IMF by International Monetary Fund. Independent Evaluation Office Pdf

Since the 2023 Annual Meetings, the IEO has continued making progress on the two ongoing evaluations and will launch a new evaluation—on IMF Advice on Fiscal Policy—targeted for completion in the second half of 2025. The IEO has collaborated with staff on the 13th Periodic Monitoring Report (PMR) and the management implementation plans (MIPs) that follow up on the Board-endorsed recommendations of the completed evaluations of The IMF and Capacity Development and The IMF’s Emergency Response to the COVID-19 Pandemic. The external evaluation of the IEO is expected to be completed by mid-2024.

Progress Report on the Activities of the Independent Evaluation Office

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 3 pages
File Size : 43,7 Mb
Release : 2015-04-16
Category : Business & Economics
ISBN : 9781498344661

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Progress Report on the Activities of the Independent Evaluation Office by International Monetary Fund Pdf

This progress report presents key conclusions and recommendations from an IEO evaluation of the IMF’s response to the global financial and economic crisis and an update of the IEO evaluation of the IMF’s approach to capital account liberalization, both issued since October 2014. It also describes ongoing IEO activities.

Progress Report to The IMFC on The Activities of The Independent Evaluation Office of The IMF

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 2 pages
File Size : 45,6 Mb
Release : 2023-04-13
Category : Business & Economics
ISBN : 9798400239670

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Progress Report to The IMFC on The Activities of The Independent Evaluation Office of The IMF by International Monetary Fund. Independent Evaluation Office Pdf

Since the 2022 Annual Meetings, good progress has been made in advancing evaluation work at the IMF. The IEO has completed one evaluation and commenced two new evaluations selected from a menu of possible topics previously discussed with the Executive Board. A book drawing from the IEO 20th Anniversary Conference was published in early April. The current IEO Director, Charles Collyns, completes his term in April and will be succeeded by Pablo Moreno in May.

Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF

Author : International Monetary Fund. Independent Evaluation Office
Publisher : INTERNATIONAL MONETARY FUND
Page : 128 pages
File Size : 50,9 Mb
Release : 2020-10-14
Category : Business & Economics
ISBN : 1513559060

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Progress Report to The IMFC On the Activities Of The Independent Evaluation Office Of The IMF by International Monetary Fund. Independent Evaluation Office Pdf

The IEO is advancing its work program while adapting to the challenges from the COVID-19 pandemic. While evaluation is not part of the frontline response that has dominated IMF activity over the past six months, independent evaluation remains a key function for learning from experience and drawing lessons for the Fund as it focuses on meeting members’ urgent and evolving needs. Since April, IEO engagement with the Executive Board has resumed, including formal discussion of the recently completed evaluation of IMF Advice on Capital Flows and an informal seminar on Bank-Fund collaboration on climate issues. Work continues on evaluations of adjustment and growth in IMF-supported programs and IMF engagement with small states, and a new evaluation is being launched on IMF capacity development.

Progress Report to the International Monetary and Financial Committee on the Activities of the Independent Evaluation Office of the IMF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 3 pages
File Size : 48,6 Mb
Release : 2016-04-04
Category : Business & Economics
ISBN : 9781498345781

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Progress Report to the International Monetary and Financial Committee on the Activities of the Independent Evaluation Office of the IMF by International Monetary Fund Pdf

This progress report presents the key conclusions and recommendations of the IEO evaluation of data and statistics at the IMF that was discussed by the Executive Board on March 17, 2016. It also summarizes the IMF's plan, approved by the Board in December 2015, for implementing the recommendations from the IEO evaluation of the IMF Response to the Financial and Economic Crisis and describes the IEO’s ongoing work.

Progress Report to the IMFC on the Activities of the Independent Evaluation Office of the IMF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 4 pages
File Size : 53,9 Mb
Release : 2018-04-19
Category : Business & Economics
ISBN : 9781498308359

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Progress Report to the IMFC on the Activities of the Independent Evaluation Office of the IMF by International Monetary Fund Pdf

Since the October 2017 report to the IMFC, the IEO has completed an evaluation of the IMF’s work in fragile states and an update of its 2007 evaluation of IMF exchange rate policy advice. The office continued work on two evaluations, on IMF financial surveillance and on IMF advice on unconventional monetary policies, as well as an update of the 2008 evaluation of structural conditionality. It also launched an update of IEO’s 2008 Evaluation of IMF Governance. The IEO welcomes recent steps taken by the IMF to follow through on Board-endorsed recommendations of its 2016–17 evaluations.

Progress Report on the Activities of the Independent Evaluation Office

Author : International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 4 pages
File Size : 40,8 Mb
Release : 2010-06-15
Category : Business & Economics
ISBN : 9781498337410

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Progress Report on the Activities of the Independent Evaluation Office by International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept. Pdf

This paper examines the performance of emerging market economies (EMs) during the recent global crisis and draws policy conclusions. It considers how EMs were affected by the initial impact of the crisis, examines the extent to which they were able to undertake countercyclical policies to moderate the impact, and highlights factors that have influenced the pace and timing of their recovery. Finally, it considers policy challenges facing EMs as the crisis subsides. This paper sheds light on the role of reserves in crises, and provides contextual background for work on the future financing role of the IMF.

External Evaluation of the Independent Evaluation Office

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 87 pages
File Size : 45,8 Mb
Release : 2013-08-02
Category : Business & Economics
ISBN : 9781498342353

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External Evaluation of the Independent Evaluation Office by International Monetary Fund Pdf

We have been asked by the Executive Board of the International Monetary Fund to undertake an external review of the activities of its Independent Evaluation Office (IEO). This is the second such evaluation in the IEO’s twelve year history. The first review, led by Karin Lissakers (the “Lissakers Report”), was presented to the Board in 2006. That report considered the extent to which the Office had succeeded during its first five years of operation in fulfilling its mandates and made recommendations to enhance its role within the IMF’s institutional architecture. Our report thus focuses on IEO activities since 2006. As set out in the terms of reference of our Panel (see Appendix I), the central objective of this report is to evaluate how well the IEO has met its institutional mandates. The terms of reference, while not constraining the range of issues we could consider, also asks that we “assess the IEO’s effectiveness along several dimensions, including: (i) the appropriateness of evaluation topics; (ii) the independence of the IEO; (iii) the cost-effectiveness of the IEO and its operations; and (iv) the appropriateness and adequacy of the evaluation process including, but not limited to, how IEO recommendations are endorsed by the Board and implemented.”

Report of the External Evaluation of the Independent Evaluation Office

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 92 pages
File Size : 40,8 Mb
Release : 2006-03-29
Category : Business & Economics
ISBN : 9781498332798

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Report of the External Evaluation of the Independent Evaluation Office by International Monetary Fund Pdf

The IEO of the IMF was created in 2000 to enhance the learning culture of the IMF, to build the IMF’s external credibility by undertaking objective evaluations in a transparent manner, to provide independent feedback to the Executive Board in its governance and oversight responsibilities, and to promote greater understanding of the work of the IMF among its members and the broader public. In the period October 2005-February 2006, the Evaluation Panel assessed how well the IEO meets these objectives, asking at the outset whether the IMF needs an IEO and whether the existing office is adequately independent. The Panel concludes that the IEO has served the IMF well but identifies certain weaknesses and makes recommendations to the IEO and the IMF to address them.

IEO Evaluation Report

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 68 pages
File Size : 42,7 Mb
Release : 2014-04-30
Category : Business & Economics
ISBN : 9781475599510

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IEO Evaluation Report by International Monetary Fund. Independent Evaluation Office Pdf

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.

IEO Evaluation Report

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 20 pages
File Size : 46,9 Mb
Release : 2017-10-05
Category : Business & Economics
ISBN : 9781484313800

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IEO Evaluation Report by International Monetary Fund. Independent Evaluation Office Pdf

This paper analyzes that the IMF has moved beyond its traditional fiscal-centric approach to recognize that social protection can also be macro-critical for broader reasons including social and political stability concerns. Evaluating the IMF’s involvement in social protection is complicated by the fact that there is no standard definition of social protection or of broader/overlapping terms such as social spending and social safeguards in (or outside) the IMF. In this evaluation, social protection is understood to include policies that provide benefits to vulnerable individuals or households. This evaluation found widespread IMF involvement in social protection across countries although the extent of engagement varied. In some cases, engagement was relatively deep, spanning different activities (bilateral surveillance, technical assistance, and/or programs) and involving detailed analysis of distributional impacts, discussion of policy options, active advocacy of social protection, and integration of social protection measures in program design and/or conditionality. This cross-country variation to some degree reflected an appropriate response to country-specific factors, in particular an assessment of whether social protection policy was macrocritical, and the availability of expertise from development partners or in the country itself.

Independent Evaluation Office Annual Report 2017

Author : International Monetary Fund. Independent Evaluation Office
Publisher : International Monetary Fund
Page : 16 pages
File Size : 43,8 Mb
Release : 2017-10-05
Category : Business & Economics
ISBN : 9781484317587

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Independent Evaluation Office Annual Report 2017 by International Monetary Fund. Independent Evaluation Office Pdf

This paper discusses that the Independent Evaluation Office (IEO) has also launched three new evaluations—which will analyze the IMF’s role on fragile states, its financial surveillance activities, and its advice on unconventional monetary policies—and two evaluation updates—which will look into the IMF’s exchange rate policy advice and structural conditionality. The evaluation found that, for the most part, the IMF’s euro area surveillance identified the right issues during the pre-crisis period but did not foresee the magnitude of the risks that would later become paramount. The IMF’s surveillance of the financial regulatory architecture was generally of high quality, but staff, along with most other experts, missed the buildup of banking system risks in some countries. The report found several issues with the way decision making was managed by the IMF. In May 2010, the IMF Executive Board approved a decision to provide exceptional access financing to Greece without seeking preemptive debt restructuring, even though its sovereign debt was not deemed sustainable with a high probability.