Evenhandedness of Fund Surveillance - Principles and Mechanism for Addressing Concerns

Evenhandedness of Fund Surveillance - Principles and Mechanism for Addressing Concerns
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 24
Release: 2016-01-27
Genre: Business & Economics
ISBN: 1498346049

Evenhandedness of the Fund’s analysis and advice is critical to the effectiveness of its engagement with member countries. In this regard, both actual and perceived lack of evenhandedness can be detrimental to the Fund’s credibility and legitimacy. While perceptions of evenhandedness often reflect views about the full range of Fund activities, Fund surveillance is an important contributor to perceptions. Moreover, the consistency of the Fund’s analysis and advice will likely be scrutinized more closely in an interconnected world.

Author:
Publisher: Oxford University Press
Total Pages: 801
Release:
Genre:
ISBN: 0192674226

Selected Decisions and Selected Documents of the International Monetary Fund, 42nd Issue

Selected Decisions and Selected Documents of the International Monetary Fund, 42nd Issue
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
Total Pages: 962
Release: 2022-08-10
Genre: Business & Economics
ISBN: 1589068556

This volume documents decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the International Monetary Fund, as well as documents relating to the United Nations and other international organizations.

Selected Decisions and Selected Documents of the International Monetary Fund

Selected Decisions and Selected Documents of the International Monetary Fund
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
Total Pages: 1064
Release: 2024-03-12
Genre: Business & Economics
ISBN:

This volume is the Forty-Third Issue of Selected Decisions and Selected Documents of the International Monetary Fund. It includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the International Monetary Fund, as well as selected documents, to which frequent reference is made in the current activities of the Fund. In addition, it includes certain documents relating to the Fund, the United Nations, and other international organizations.

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

High Level Status Report to the IEO Evaluation of Fund's Recurring Issues
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 21
Release: 2017-03-27
Genre: Business & Economics
ISBN: 1498347045

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.

Selected Decisions and Selected Documents of the International Monetary Fund, Thirty-Ninth Issue

Selected Decisions and Selected Documents of the International Monetary Fund, Thirty-Ninth Issue
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
Total Pages: 1048
Release: 2017-08-01
Genre: Business & Economics
ISBN: 1484306600

This volume documents decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the International Monetary Fund, as well as documents relating to the United Nations and other international organizations.

Selected Decisions and Selected Documents of the International Monetary Fund, Fortieth Issue

Selected Decisions and Selected Documents of the International Monetary Fund, Fortieth Issue
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
Total Pages: 854
Release: 2019-09-24
Genre: Business & Economics
ISBN: 1498318983

This volume is the Fortieth Issue of Selected Decisions and Selected Documents of the IMF. It includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF, as well as selected documents, to which frequent reference is made in the current activities of the IMF. In addition, it includes certain documents relating to the IMF, the United Nations, and other international organizations. As with other recent issues, the number of decisions in force continues to increase, with the decision format tending to be longer given the use of summings up in lieu of formal decisions. Accordingly, it has become necessary to delete certain decisions that were included in earlier issues, that is, those that only completed or called for reviews of decisions, those that lapsed, and those that were superseded by more recent decisions. Wherever reference is made in these decisions and documents to a provision of the IMF’s Articles of Agreement or Rules and Regulations that has subsequently been renumbered by, or because of, the Second Amendment of the Fund’s Articles of Agreement (effective April 1, 1978), the corresponding provision currently in effect is cited in a footnote.

Selected Decisions and Selected Documents of the International Monetary Fund, Forty First Issue Supplement

Selected Decisions and Selected Documents of the International Monetary Fund, Forty First Issue Supplement
Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
Total Pages: 907
Release: 2021-02-08
Genre: Business & Economics
ISBN: 1513557521

This volume is the Forty-First Issue of Selected Decisions and Selected Documents of the IMF. It includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF, as well as selected documents, to which frequent reference is made in the current activities of the IMF. In addition, it includes certain documents relating to the IMF, the United Nations, and other international organizations. As with other recent issues, the number of decisions in force continues to increase, with the decision format tending to be longer given the use of summings up in lieu of formal decisions. Accordingly, it has become necessary to delete certain decisions that were included in earlier issues, that is, those that only completed or called for reviews of decisions, those that lapsed, and those that were superseded by more recent decisions. Wherever reference is made in these decisions and documents to a provision of the IMF’s Articles of Agreement or Rules and Regulations that has subsequently been renumbered by, or because of, the Second Amendment of the Fund’s Articles of Agreement (effective April 1, 1978), the corresponding provision currently in effect is cited in a footnote.

The Role of the Fund in Governance Issues - Review of the Guidance Note - Preliminary Considerations

The Role of the Fund in Governance Issues - Review of the Guidance Note - Preliminary Considerations
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
Total Pages: 77
Release: 2017-02-08
Genre: Social Science
ISBN: 1498346529

Following the request of the IMFC, this paper represents a first step in reassessing the Fund’s approach to tackling governance issues, the guidelines for which are contained in a 1997 Guidance Note. The paper examines the record of implementation of these guidelines in the period since the last such review was conducted in 2004, focusing on the handling of issues relating to corruption.

International Monetary Fund Annual Report 2016

International Monetary Fund Annual Report 2016
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 130
Release: 2016-09-26
Genre: Business & Economics
ISBN: 1498349277

The year was marked by difficult challenges and milestone achievements. To reinvigorate modest growth at a time of uncertainty about a complicated global economy, the IMF membership endorsed a three-pronged approach of monetary, fiscal, and structural policies to get the world economy back on a stronger and safer growth track. Highlights of the IMF’s work during the year included entry into effect of its quota and governance reforms approved in 2010, which increase the Fund’s core resources and make it more representative of the membership; commitments for increased financial support, policy advice, expertise, and training to help low-income developing countries achieve the U.N. Sustainable Development Goals; analysis of the international monetary system; inclusion of the Chinese currency in the basket of currencies that make up the Special Drawing Right; and policy advice on the economic repercussions of mass migration of refugees from Syria and other conflict-afflicted states. The IMF Annual Report, which covers the period May 1, 2015 to April 30, 2016, discusses all of these issues, plus a wide range of policy matters that the Executive Board addressed during the year.