Progress Report on the Activities of the Independent Evaluation Office

Policy Papers ◽  
2009 ◽  
Vol 09 (36) ◽  
Author(s):  
Keyword(s):  
World Economy ◽  
Progress Report ◽  
Executive Board ◽  
Crisis Prevention ◽  
Recent Meeting ◽  
Evaluation Committee ◽  
Independent Evaluation ◽  
Recent Developments ◽  
Run Up

The recent developments in the world economy pose many questions regarding the role of the Fund in surveillance and crisis prevention. In view of this, the IEO will be launching an evaluation of how well the Fund performed in the run-up to this crisis. Launching of this study was discussed at a recent meeting of the Evaluation Committee of the Executive Board. Work on this study will start in the coming weeks, and a draft Issues Paper will be issued before the next IMFC meeting.

Progress Report on the Activities of the Independent Evaluation Office

Policy Papers ◽  
2011 ◽  
Vol 2011 (73) ◽  
Author(s):  
Keyword(s):  
Progress Report ◽  
International Reserves ◽  
Learning From Experience ◽  
Executive Board ◽  
Evaluation Systems ◽  
Self Evaluation ◽  
Public Comment ◽  
Independent Evaluation ◽  
The Imf

Since its last report to the IMFC in April 2011, the Independent Evaluation Office (IEO) completed the evaluation of Research at the IMF: Relevance and Utilization. The IEO continues its work on the evaluations of “International Reserves: IMF Advice and Country Perspectives” and of “The Role of the IMF as Trusted Advisor,” announced last spring. Draft issues papers on these two evaluations, as well as on a new study, “Learning from Experience at the IMF: An IEO Assessment of Self-Evaluation Systems,” were circulated to the Executive Board and posted on the IEO website for public comment.

Progress Report on the Activities of the Independent Evaluation Office

Policy Papers ◽  
2012 ◽  
Vol 2012 (1) ◽  
Author(s):  
Keyword(s):  
Progress Report ◽  
International Reserves ◽  
Learning From Experience ◽  
Executive Board ◽  
Evaluation Systems ◽  
Work Program ◽  
Self Evaluation ◽  
Independent Evaluation ◽  
The Imf

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.

Progress Report on the Activities of the Independent Evaluation Office

Policy Papers ◽  
2011 ◽  
Vol 2011 (57) ◽  
Author(s):  
Keyword(s):  
Economic Crisis ◽  
Progress Report ◽  
Executive Board ◽  
Independent Evaluation ◽  
Run Up ◽  
The Imf

Since its last report in October 2010, the Independent Evaluation Office (IEO) has completed its evaluation of IMF Performance in the Run-Up to the Financial and Economic Crisis: IMF Surveillance in 2004–07 and has begun work on two new evaluations. The IEO expects to submit its evaluation of Research at the IMF: Relevance and Utilization to the Executive Board shortly.

Progress Report on the Activities of the Independent Evaluation Office

Policy Papers ◽  
2010 ◽  
Vol 2010 (60) ◽  
Author(s):  
Keyword(s):  
Economic Crisis ◽  
Progress Report ◽  
Executive Board ◽  
Independent Evaluation ◽  
Run Up ◽  
The Imf

Since its last report, the Independent Evaluation Office (IEO) has advanced work on the two current evaluations and selected topics for three new evaluations. The evaluations of Research at the IMF: Relevance and Utilization and IMF Performance in the Run-up to the Current Financial and Economic Crisis are in the concluding stages. IEO expects to send these evaluations to the Executive Board before year-end.

Progress Report on the Activities of the Independent Evaluation Office

Policy Papers ◽  
2013 ◽  
Vol 2013 (28) ◽  
Author(s):  
Keyword(s):  
Global Financial Crisis ◽  
Progress Report ◽  
External Evaluation ◽  
Executive Board ◽  
Self Evaluation ◽  
Independent Evaluation ◽  
The Global Financial Crisis ◽  
Ongoing Assessment ◽  
The Imf

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.

Reduction of Blackout Periods in GRA Arrangements

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
Executive Board ◽  
Crisis Prevention

In the context of the March 2009 reforms of the General Resources Account (GRA) lending toolkit, the Executive Board asked staff to prepare a paper addressing the problem of blackout periods under GRA arrangements, which interrupt access to accumulated but undrawn purchases. This request arose in the context of the decision to make high-access precautionary arrangements (HAPAs) available to members on a more regular basis (with greater flexibility regarding frontloading of access). Blackout periods have important implications given that the crisis-prevention and confidence-enhancing role of precautionary arrangements (particularly HAPAs) depend on strong assurances that resources will be available if needed. Section II provides background on the issue of blackout periods and the expanded role of precautionary arrangements under the recent reforms. Section III proposes a solution to provide greater assurances to members regarding continuity of access to accumulated rights while maintaining appropriate safeguards.

High Level Status Report to the IEO Evaluation of Fund's Recurring Issues

Policy Papers ◽  
2017 ◽  
Vol 17 (12) ◽  
Author(s):  
Keyword(s):  
Status Report ◽  
External Evaluation ◽  
Executive Board ◽  
Implementation Plan ◽  
Evaluation Committee ◽  
Independent Evaluation ◽  
The Status ◽  
High Level ◽  
The Imf

This is a high-level report on progress in addressing recurring issues identified by the Independent Evaluation Office (IEO). The Board endorsed the proposal in the Chairman’s Summing Up for the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation – Lessons for the IMF (BUFF/14/58, 6/11/14) that staff prepare a separate high-level report on the status of initiatives that address the recurring issues identified by the IEO, noting that the first staff report could be prepared within two years, followed by similar reports every five years thereafter. The September 2015 Management Implementation Plan set out the actions management would take to follow-up on the Board-endorsed recommendation. The IEO’s 2014 evaluation of Recurring Issues from a Decade of Evaluation: Lessons for the IMF identified five recurring issues: a) Executive Board guidance and oversight; b) Organizational silos; c) Attention to risks and uncertainty; d) Country and institutional context; and e) Evenhandedness. This high-level report provides a broad account of actions taken to address these recurring issues since the publication of the 2014 IEO report; it is not intended as an exhaustive account of initiatives undertaken. Takeaways. The report concludes that the Fund has made progress in addressing the recurring issues identified by the IEO, and acknowledges the need for taking actions on an ongoing basis to achieve the related objectives. The discussion of the Management Implementation Plan (MIP) left open the question of whether subsequent reports should be prepared, perhaps every five years. The Evaluation Committee concluded that the forthcoming external evaluation of the IEO could look at the monitoring mechanisms more holistically, to provide further input into considering whether or not to continue the preparation every five years of this high-level report.

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

Policy Papers ◽  
2016 ◽  
Vol 2016 (26) ◽  
Author(s):  
Keyword(s):  
Progress Report ◽  
Executive Board ◽  
Independent Evaluation ◽  
The Imf

This report summarizes the outcome of the IEO’s evaluation of The IMF and the Crises in Greece, Ireland, and Portugal, discussed by the Executive Board on July 19, 2016, and reports on recent follow-up and ongoing IEO work.

Progress Report on the Activities of the Independent Evaluation Office

Policy Papers ◽  
2009 ◽  
Vol 09 (9) ◽  
Author(s):  
Keyword(s):  
International Trade ◽  
Trade Policy ◽  
Annual Report ◽  
Progress Report ◽  
Evaluation Report ◽  
Policy Issues ◽  
International Trade Policy ◽  
Independent Evaluation ◽  
Run Up

Since its last report to the IMFC in April 2009, the IEO has completed its evaluation report on IMF Involvement in International Trade Policy Issues; released the issues papers for the evaluations on the IMF’s role in the run-up to the present crisis and on IMF research; and also issued the 2009 Annual Report.

Executive Board Progress Report to the IMFC on the Reform of Fund Governance

Policy Papers ◽  
2010 ◽  
Vol 2010 (52) ◽  
Author(s):  
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Progress Report ◽  
Executive Board ◽  
General Review ◽  
Recent Meeting ◽  
Fund Governance ◽  
The Global Financial Crisis

At its most recent meeting in April 2010, the IMFC pledged to complete the 14th General Review of Quotas before January 2011. This follows an earlier call by G-20 Leaders and the IMFC to bring forward the deadline for completing the 14th Review by two years as part of the multilateral response to the global financial crisis and the recognized need to enhance the Fund’s legitimacy and effectiveness.

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