IMF Engagement with Small Developing States
Author: Cyrus Rustomjee
Publisher:
Published: 2022
Total Pages: 0
ISBN-13:
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Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Engagement with Small Developing States
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2023-03-24
Total Pages: 29
ISBN-13:
DOWNLOAD EBOOKThis paper presents a Management Implementation Plan (MIP) with actions to take forward the Board-endorsed recommendations from the Independent Evaluation Office (IEO)'s report on IMF Engagement with Small Developing States (SDS). The actions in the MIP are broad in scope, touching on all modalities of the Fund's engagement with SDS, and seek to be comprehensive, self-reinforcing, cost-effective, and designed to be adopted as a package. The MIP aims to support a targeted and effective recalibration of engagement with SDS; enhance IMF's surveillance and capacity development in SDS members; strengthen the Fund's lending engagement with SDS, in line with the applicable policy frameworks; and secure an effective, well-tailored and more continuous staff presence in SDS.
2024 Staff Guidance Note On The IMF’s Engagement With Small Developing States
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Published: 2024-07-25
Total Pages: 68
ISBN-13:
DOWNLOAD EBOOKThis guidance note provides operational guidance on the Fund’s engagement with small developing states (SDS). It highlights the unique economic characteristics and constraints facing SDS, notably in a more shock-prone world. Building on advice that applies to the full membership, the note explains how the characteristics of SDS shape Fund surveillance, financial support and program design, capacity development (CD), and collaboration with other institutions and donors. The note updates the previous version that was published in December 2017.
The Acting Chair’s Summing Up Independent Evaluation Office—IMF Engagement with Small Developing States: Executive Board Meeting May 6, 2022
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2022-05-17
Total Pages: 4
ISBN-13:
DOWNLOAD EBOOKExecutive Directors welcomed the report of the Independent Evaluation Office (IEO) on IMF Engagement with Small Developing States (SDS) and appreciated its insights and recommendations. They welcomed the report’s finding that the Fund has substantially stepped up its engagement with its SDS members over the past decade, and that SDS country officials generally considered Fund surveillance and capacity development (CD) activities of high quality and well-tailored to their needs.
Statement by the Managing Director on the Independent Evaluation Office Report on IMF Engagement with Small Developing States: Executive Board Meeting May 6, 2022
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2022-05-17
Total Pages: 10
ISBN-13:
DOWNLOAD EBOOKThe report and its recommendations should also be careful to not impinge upon areas that are still unfolding, such as the RST, crisis response, and CD provision, to avoid unnecessary duplication of efforts and ensure that a coherent and evenhanded framework is in place. I offer qualified and/or partial support to the recommendations, as discussed below, to serve better our SDS members.
Staff Guidance Note on the Fund's Engagement with Small Developing States
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2014-03-24
Total Pages: 47
ISBN-13: 1498343619
DOWNLOAD EBOOKThis note highlights the unique economic characteristics and constraints facing small developing states. It provides operational guidance on Fund engagement with such countries, including on how small country size might influence the use of Fund facilities and instruments, program design, capacity building activities, and collaboration with other institutions and donors. The guidance note draws on the March 2013 Board papers on small states and the associated Executive Board discussion. The findings of the paper and implications for Fund engagement with small states were presented to small states authorities during the 2013 Annual Meetings, as well as in regional IMF conferences with small states in the Bahamas (September 2013) and Vanuatu (November 2013). Series
Staff Guidance Note on the Fund's Engagement with Small Developing States
Author: Internationaler Währungsfonds
Publisher:
Published: 2014
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKThis note highlights the unique economic characteristics and constraints facing small developing states. It provides operational guidance on Fund engagement with such countries, including on how small country size might influence the use of Fund facilities and instruments, program design, capacity building activities, and collaboration with other institutions and donors. The guidance note draws on the March 2013 Board papers on small states and the associated Executive Board discussion. The findings of the paper and implications for Fund engagement with small states were presented to small states authorities during the 2013 Annual Meetings, as well as in regional IMF conferences with small states in the Bahamas (September 2013) and Vanuatu (November 2013). Series.
Progress Report To The IMFC On The Activities Of The Independent Evaluation Office Of The IMF
Author: International Monetary
Publisher: International Monetary Fund
Published: 2022-10-13
Total Pages: 2
ISBN-13:
DOWNLOAD EBOOKSince the 2022 Spring Meetings, the IEO has completed two evaluations—on IMF engagement with small developing states and capacity development. We have also made significant progress on a third evaluation on the IMF’s emergency response to the COVID pandemic. In addition, a list of new evaluation topics has been drawn up for discussion with the Executive Board later this year.
International Monetary Fund Annual Report 2021
Author: International Monetary Fund. Secretary's Department
Publisher: International Monetary Fund
Published: 2021-10-04
Total Pages: 74
ISBN-13: 1513568817
DOWNLOAD EBOOKA recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
2017 Staff Guidance Note on the Fund's Engagement with Small Developing States
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Published: 2018-01-26
Total Pages: 56
ISBN-13: 1498307590
DOWNLOAD EBOOK"This guidance note highlights the unique economic characteristics and constraints facing small developing states. It provides operational guidance on Fund engagement with such countries, including on how small state characteristics might shape Fund surveillance and financial support, program design, capacity building activities, and collaboration with other institutions and donors. The note updates the previous version that was published in May 2014. It incorporates modifications resulting from Board papers and related Executive Board discussions that have taken place since the March 2013 Board papers on small states, which provided the foundations of the original guidance note. Based on these inputs, five key thematic areas (G.R.O.W.TH.) have been identified as central to the policy dialogue: • Growth and job creation. With small states experiencing relatively weak growth since the 1990s, Fund staff working on small states should ensure an explicit focus on growth in both surveillance and program-related work. • Resilience to shocks. Small states experience higher macroeconomic volatility and more frequent natural disasters. Staff should be ready to advise on how to tailor macroeconomic policies to provide greater resilience to shocks and climate change. • Overall competitiveness. Options to improve relative prices may include exchange rate adjustment (where possible) or measures supportive of internal devaluation (if not), and efforts to improve the business climate, including through regional initiatives. • Workable fiscal and debt sustainability options. With many small states having very high debt burdens, reducing debt to manageable levels requires sustained fiscal consolidation with supporting policies and structural reforms. In cases where the amount of adjustment needed to restore debt sustainability is not feasible or adequate financing is not available, debt restructuring may be needed. • Thin financial sectors. Developing deeper and more competitive, yet sound, financial sectors contributes to macroeconomic stability and enhances the effectiveness of policy interventions while strengthening competitiveness by improving business access to financial services."
