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

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-04-19

Total Pages: 2

ISBN-13:

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

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2018-04-19

Total Pages: 4

ISBN-13: 149830835X

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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
Progress Report on the Activities of the Independent Evaluation Office

Author: International Monetary Fund. Strategy, Policy, & Review Department

Publisher: International Monetary Fund

Published: 2010-06-15

Total Pages: 4

ISBN-13: 1498337414

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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.

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

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2018-10-13

Total Pages: 3

ISBN-13: 1498310176

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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 on the Activities of the Independent Evaluation Office
Progress Report on the Activities of the Independent Evaluation Office

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2013-04-16

Total Pages: 3

ISBN-13: 1498341993

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Since October 2012, the Executive Board has discussed two IEO evaluation reports, International Reserves—IMF Concerns and Country Perspectives on December 7, 2012, and The Role of the IMF as Trusted Advisor on February 1, 2013. The Board also discussed the External Evaluation of the IEO on March 21, 2013. In addition, the IEO advanced work on the ongoing “Assessment of Self-Evaluation in the IMF,” which will go forward to the Executive Board in coming months. Following consultations on possible topics, the IEO has also initiated evaluations on IMF forecasting, country statistics, and the IMF’s response to the global financial crisis.

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

Published: 2020-04-15

Total Pages: 2

ISBN-13: 1513540556

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

Published: 2017-04-14

Total Pages: 3

ISBN-13: 1498346995

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This report describes recent follow-up on past Independent Evaluation Office (IEO) evaluations, summarizes the update of the 2006 evaluation of multilateral surveillance, and outlines the ongoing evaluations. It raises the concern that progress in implementing Board-endorsed IEO recommendations has been quite mixed, suggesting the need for further consideration to reinforcing the follow-up process.

Assessing the Fragility of Global Trade
Assessing the Fragility of Global Trade

Author: Ms.Yevgeniya Korniyenko

Publisher: International Monetary Fund

Published: 2017-03-03

Total Pages: 38

ISBN-13: 1475584113

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Anecdotal evidence suggests the existence of specific choke points in the global trade network revealed especially after natural disasters (e.g. hard drive components and Thailand flooding, Japanese auto components post-Fukushima, etc.). Using a highly disaggregated international trade database we assess the spillover effects of supply shocks from the import of specific goods. Our goal is to identify inherent vulnerabilities arising from the composition of a country’s import basket and to propose effective mitigation policies. First, using network analysis tools we develop a methodology for evaluating and ranking the supply fragility of individual traded goods. Next, we create a country-level measure to determine each country’s supply shock vulnerability based on the composition of their individual import baskets. This measure evaluates the potential negative supply shock spillovers from the import of each good.

Independent Evaluation at the IMF
Independent Evaluation at the IMF

Author: Ruben Lamdany

Publisher: International Monetary Fund

Published: 2012-12-24

Total Pages: 268

ISBN-13: 1475531265

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This volume examines how independent evaluation contributes to the legitimacy and effectiveness of the IMF. It describes the evolution and impact of the Independent Evaluation Office ten years after its creation as well as the challenges it has faced. It also incorporates feedback from a wide range of internal and external actors and offers useful insights for international organizations, academics, and other global stakeholders.

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

Published: 2024-04-19

Total Pages: 2

ISBN-13:

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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.