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.

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.

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 ◽  
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.

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.

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 the Board-Endorsed Recommendations for the IEO Evaluation of Recurring Issues from a Decade of Evaluation—Lessons for the IMF

Policy Papers ◽  
2015 ◽  
Vol 2015 (54) ◽  
Author(s):  
Keyword(s):  
Implementation Plan ◽  
Independent Evaluation ◽  
The Imf

This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) evaluation of Recurring Issues from a Decade of Evaluation: Lessons for the IMF.

The Acting Chair’s Summing Up - Independent Evaluation Office—Self Evaluation at the IMF—An IEO Assessment - Executive Board Meeting 15/89 - September 18, 2015

Policy Papers ◽  
2015 ◽  
Vol 2015 (57) ◽  
Author(s):  
Keyword(s):  
Resource Constraints ◽  
Executive Directors ◽  
Board Meeting ◽  
Executive Board ◽  
High Quality ◽  
Self Evaluation ◽  
Independent Evaluation ◽  
Self Assessments ◽  
Over Time ◽  
The Imf

Executive Directors welcomed the report by the Independent Evaluation Office (IEO) on self-evaluation at the IMF, the accompanying statement on the report by the Managing Director, and the IEO’s response. They were encouraged by the report’s findings that there is considerable self-evaluation at the IMF; that such self-evaluation is generally of high quality; and that it contributes usefully to reforms in policies and operations. At the same time, they also noted the finding that there are gaps and weaknesses in the Fund’s self-evaluation. Against this background, Directors considered the recommendations of the report to adopt an overall policy for self-evaluation; conduct self-assessments for every IMF-supported program; explicitly set out a plan for how policies and operations will be self-evaluated; and better disseminate lessons from self-evaluation. In this context, many Directors supported strengthening the current mechanisms for self-evaluation. More broadly, Directors agreed on the importance of having a clearly articulated approach to self-evaluation that builds on current processes, takes due account of resource constraints, and adapts over time to changing circumstances. Directors also concurred on the need to better disseminate lessons from self-evaluation. The implementation plan would be a first opportunity to reflect on how best to carry these considerations forward.

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