Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation Report of IMF Response to the Financial and Economic Crisis

Policy Papers ◽  
2015 ◽  
Vol 15 (38) ◽  
Author(s):  
Keyword(s):  
Economic Crisis ◽  
Action Plan ◽  
Crisis Resolution ◽  
Medium Term ◽  
Executive Board ◽  
Implementation Plan ◽  
Evaluation Report ◽  
Independent Evaluation ◽  
Surveillance Report ◽  
Governance Reforms

This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) evaluation of IMF Response to the Financial and Economic Crisis. The implementation plan proposes specific actions focusing on the three of the four recommendations that received broad support from the Executive Board, namely (i) ensuring that the IMF as a quota-based institution has sufficient resources to contribute to future crisis resolution; (ii) developing guidelines for structuring engagements with other organizations, and (iii) consolidating and simplifying the current framework to identify and assess risks and vulnerabilities. Some of the proposed actions to address the Board-endorsed IEO recommendations are underway as part of the 2014 Triennial Surveillance Report (TSR) Action Plan, the FY2016–18 Medium-Term Budget and the ongoing efforts to ratify the 2010 Quota and Governance Reforms. The paper also explains how implementation will be monitored.

Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation of IMF Forecasts - Process, Quality, and Country Perspective

Policy Papers ◽  
2015 ◽  
Vol 15 (52) ◽  
Author(s):  
Keyword(s):  
Process Quality ◽  
Executive Board ◽  
Implementation Plan ◽  
Forecast Performance ◽  
The Public ◽  
Independent Evaluation ◽  
Public Availability ◽  
Processes And Incentives

This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) evaluation of IMF Forecasts: Process, Quality, and Country Perspectives. The implementation plan proposes specific actions to address the five recommendations that received broad support from the Executive Board, namely (i) maintaining the practice of commissioning external evaluations of IMF forecasts, (ii) enhancing the processes and incentives for learning from past forecast performance, (iii) extending guidance to desk economists on forecasting methodologies, (iv) publishing a description of the WEO forecasting process, and (iv) improving the public availability of data related to forecasts and outturns. Several of the proposed actions to address the Board-endorsed IEO recommendations have already been implemented following the Board discussion, while the implementation of some other actions is underway. This paper also explains how implementation will be monitored.

Managing Director's Action Plan to the International Monetary and Financial Committee

Policy Papers ◽  
2012 ◽  
Vol 2012 (28) ◽  
Author(s):  
Keyword(s):  
World Economy ◽  
Action Plan ◽  
Oil Prices ◽  
Capital Inflows ◽  
Medium Term ◽  
Credit Booms ◽  
Policy Frameworks ◽  
Recent Developments ◽  
Surveillance Report ◽  
To Come

As described in the latest Consolidated Multilateral Surveillance Report, policy actions in Europe and improving U.S. indicators have helped attenuate financial strains. But recent developments point to the fragility of the world economy and the need to come to grips with a formidable policy agenda. Among the challenges ahead are the immediate risks from a return of stresses in Europe and higher oil prices. Beyond that lie the risks from protracted low growth, too rapid fiscal consolidation in certain cases, deleveraging and uncertain medium-term policy frameworks in some key advanced countries. Many emerging markets may have to deal with inflation risks, elevated oil prices, the resurgence and volatility in capital inflows, and the consequences of extended credit booms. Delays in implementing global regulatory reforms also pose risks.

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 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.

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.

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 (24) ◽  
Author(s):  
Keyword(s):  
Economic Crisis ◽  
Progress Report ◽  
Executive Board ◽  
Independent Evaluation ◽  
Ongoing Work ◽  
Evaluation Of Data ◽  
The Imf

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 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.

Implementation Plan in Response to the Executive Board-Endorsed Recommendations for the IEO Evaluation Report—The IMF and the Crises in Greece, Ireland, and Portugal

Policy Papers ◽  
2017 ◽  
Vol 17 (11) ◽  
Author(s):  
Keyword(s):  
Good Governance ◽  
Currency Union ◽  
Access To Information ◽  
Executive Board ◽  
Implementation Plan ◽  
Work Program ◽  
Independent Evaluation ◽  
The Imf

This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) report The IMF and the Crises in Greece, Ireland, and Portugal as part of the Management and staff follow-up to an IEO evaluation. The implementation plan proposes specific actions to address the recommendations endorsed by the Executive Board in its July 19, 2016 discussion. The implementation plan notes the Board’s endorsement of the principles that the IMF’s technical analysis should remain independent, that existing policies should be followed and should not be changed without careful deliberation, and that the Executive Board and Management should reaffirm their commitment to accountability and transparency, as well as the role of independent evaluation in fostering good governance. As to the IEO’s specific recommendations supported by the Board, the implementation plan proposes actions to address the need for the Fund to clarify how guidelines on program design apply to currency union members, the need for the Fund to establish a policy on cooperation with regional financing arrangements, and the need to further strengthen Fund cooperation with the IEO, including on modalities of interactions between the IEO and Fund staff and the IEO’s access to information. The implementation of some of the proposed actions is already underway and some actions have been included in the Fall 2016 Work Program. The paper also explains how implementation will be monitored by the Executive Board.

Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation Report on Self-Evaluation at the IMF

Policy Papers ◽  
2016 ◽  
Vol 31 (2016) ◽  
Author(s):  
Keyword(s):  
Program Design ◽  
Implementation Plan ◽  
Evaluation Report ◽  
Self Evaluation ◽  
Independent Evaluation ◽  
Thematic Review ◽  
Broad Policy ◽  
The Imf

This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) evaluation report on Self-Evaluation at the IMF. The implementation plan proposes specific actions to address the recommendations of the IEO that were endorsed by the Board in its September 18, 2015 discussion of the IEO’s report, namely: (i) adopt a broad policy or general principles for self-evaluation in the IMF, including its goals, scope, outputs, utilization, and follow-up; (ii) give country authorities the opportunity to express their views on program design and results, and IMF performance; (iii) for each policy and thematic review, explicitly set out a plan for how the policies and operations it covers will be self-evaluated; (iv) develop products and activities aimed at distilling and disseminating evaluative findings and lessons. The implementation of some of these proposed actions is already underway. The paper also explains how implementation will be monitored.

scholarly journals Violence against Women: Assessing Italy’s Compliance with the osce Commitments and the Current International Legal Framework

2018 ◽  
Vol 28 (1-4) ◽  
pp. 24-48 ◽  
Author(s):  
Francesca Capone
Keyword(s):  
Present Article ◽  
Violence Against Women ◽  
Legal Framework ◽  
Policy Framework ◽  
Evaluation Report ◽  
The Past ◽  
Independent Evaluation ◽  
Key Issues

Violence against women (vaw) represents a phenomenon that over the past decade has reached an unprecedented level in Italy. As a result this topic has been included amongst the key issues addressed by the Independent Evaluation Report on the occasion of the Italian osce Chairmanship 2018. Relying and building on the study conducted by this author in order to contribute to the Report, the present article provides an overview of the key findings of the research, discussing how and to what extent Italy’s approach is in line with the osce commitments on vaw. This article aims at pointing out existing weaknesses and strengths of the Italian legal and policy framework as well as at identifying possible ways forward to bolster Italy’s compliance with the osce commitments and the existing international and regional standards.

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