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

Policy Papers ◽  
2017 ◽  
Vol 2017 (14) ◽  
Author(s):  
Keyword(s):  
Progress Report ◽  
Independent Evaluation ◽  
The Imf

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.

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.

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.

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

Policy Papers ◽  
2020 ◽  
Vol 2020 (048) ◽  
Author(s):  
Keyword(s):  
Capital Flows ◽  
Capacity Development ◽  
Progress Report ◽  
Small States ◽  
Learning From Experience ◽  
Executive Board ◽  
Work Program ◽  
The Past ◽  
Independent Evaluation ◽  
The Imf

The IEO is advancing its work program while adapting to the challenges from the COVID-19 pandemic. While evaluation is not part of the frontline response that has dominated IMF activity over the past six months, independent evaluation remains a key function for learning from experience and drawing lessons for the Fund as it focuses on meeting members’ urgent and evolving needs. Since April, IEO engagement with the Executive Board has resumed, including formal discussion of the recently completed evaluation of IMF Advice on Capital Flows and an informal seminar on Bank-Fund collaboration on climate issues. Work continues on evaluations of adjustment and growth in IMF-supported programs and IMF engagement with small states, and a new evaluation is being launched on IMF capacity development.

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.

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.

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