Progress Report on the Activities of the Independent Evaluation Office (IEO)

Policy Papers ◽  
2007 ◽  
Vol 2007 (46) ◽  
Author(s):  
Keyword(s):  
Exchange Rate ◽  
Progress Report ◽  
Exchange Rate Policy ◽  
Sub Saharan Africa ◽  
Independent Evaluation ◽  
Rate Policy ◽  
Sub Saharan ◽  
The Imf

Since its last Report to the IMFC in Singapore, the IEO has focused most of its attention on completion of two evaluations; namely the IMF and Aid to Sub-Saharan Africa and the IMF’s Advice on Exchange Rate Policy. In addition work is progressing or has been initiated on a number of new topics identified in the last Report.

Progress Report on the Activities of the Independent Evaluation Office

Policy Papers ◽  
2007 ◽  
Vol 2007 (37) ◽  
Author(s):  
Keyword(s):  
Exchange Rate ◽  
Annual Report ◽  
Progress Report ◽  
Exchange Rate Policy ◽  
Independent Evaluation ◽  
Rate Policy

Since its April 2007 Report to the IMFC, the IEO has released its report on The IMF’s Advice on Exchange Rate Policy, continued work on three other evaluations, and issued its Annual Report for 2006–07.

Statement by the Managing Director on the Independent Evaluation Office Report on IMF Exchange Rate Policy Advice

Policy Papers ◽  
2017 ◽  
Vol 2017 (57) ◽  
Author(s):  
Keyword(s):  
Exchange Rate ◽  
Policy Advice ◽  
Exchange Rate Policy ◽  
Independent Evaluation ◽  
Rate Policy ◽  
External Sector ◽  
The Imf

I would like to thank the Independent Evaluation Office (IEO) for preparing this informative and timely report, which provides an update on the IMF’s progress in its approach to exchange rate policy advice since 2007. I am pleased with its main finding that the IMF has substantially overhauled its approach to exchange rate policy advice, and concur that some issues need our continued attention. I would like to note that management and staff remain fully committed to the role of the External Sector Report (ESR) in Fund surveillance.

Implementation Plan in Response to Board-Endorsed Recommendations Arising from the Independent Evaluation Office Report on The IMF and Aid to Sub-Saharan Africa

Policy Papers ◽  
2007 ◽  
Vol 2007 (19) ◽  
Author(s):  
Keyword(s):  
Sub Saharan Africa ◽  
Executive Board ◽  
Implementation Plan ◽  
Implementation Phase ◽  
Independent Evaluation ◽  
Sub Saharan ◽  
The Cost ◽  
Made In ◽  
The Imf

This paper sets out an implementation plan that responds to the IEO report on the Fund and Aid to Sub-Saharan Africa (the IEO Report). It sets out the recommendations made in the IEO Report and the view of the Executive Board on them (Section II), and outlines the various work streams that are being undertaken to respond substantively to the recommendations endorsed by the Board (Section III). The paper also estimates the cost of the first stage of the Fund’s response to the IEO Report, while costings for proposals in the implementation phase will be provided in the context of forthcoming Board papers. Finally, the paper solicits Directors’ feedback.

Implementation Plan in Response to Board-Endorsed Recommendations Arising from the IEO Report on the Evaluation of the IMF Exchange Rate Policy Advice, 1999-2005

Policy Papers ◽  
2007 ◽  
Vol 2007 (29) ◽  
Author(s):  
Keyword(s):  
Exchange Rate ◽  
Policy Advice ◽  
Exchange Rate Policy ◽  
Executive Board ◽  
Implementation Plan ◽  
Rate Policy ◽  
Resource Cost ◽  
Implementation Plans ◽  
The Imf

This paper presents an implementation plan that responds to the Board endorsed recommendations in the IEO Report on the Evaluation of the IMF's Exchange Rate Policy Advice, 1999-2005 ("the IEO Report"). The IEO recommendations and the views of the Executive Board are summarized in Section II, followed by descriptions of implementation plans (Section III) and the projected resource cost associated with the implementation plan (Section IV).

scholarly journals Investigation of optimal inflation targets for 15 major oil exporting Sub-Saharan African countries

2020 ◽  
Vol 25 (49) ◽  
pp. 45-60 ◽  
Author(s):  
Idris Abdullahi Abdulqadir ◽  
Soo Y. Chua ◽  
Saidatulakmal Mohd
Keyword(s):  
Exchange Rate ◽  
Alternative Hypothesis ◽  
Threshold Level ◽  
Exchange Rate Policy ◽  
Sub Saharan Africa ◽  
Ratio Test ◽  
African Countries ◽  
Content Type ◽  
Inflation Targets ◽  
Sub Saharan

Purpose The purpose of this paper is to investigate the optimal inflation targets for an appropriate exchange rate policy in 15 major oil exporting countries in Sub-Saharan African (SSA). Design/methodology/approach Dynamic heterogeneous panel threshold techniques are used via threshold-effect test and threshold regression. This procedure is achieved through a grid search and bootstrapping replications method to stimulate the asymptotic distribution of the likelihood ratio test of the null hypothesis on no-threshold as against the alternative hypothesis. The p-values validate the threshold estimates. Findings Findings revealed that the optimal inflation target has a turning point and its impact on the real exchange rate is up to a threshold level of 14.47 per cent. Furthermore, the inflation rate above the threshold level overwhelmingly revealed its effect on real exchange regimes. Research limitations/implications It would have been a good idea to investigate optimal inflation targets for all African countries but due to inadequate data the selection criteria was narrowed to oil-exporting countries in Sub-Saharan Africa. Practical implications Inflation targeting beyond the threshold level would have serious implications on the monetary policy. Originality/value To the best of the knowledge, this is the first study to look at optimal inflation targets for 15 major oil exporting countries in general and SSA countries in particular. The findings provide a critical analysis of an inflation regime for a typical oil-producing country that oil exports being their source of revenue.

Sign in / Sign up

Export Citation Format

Share Document