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Application Of Structural Conditionality 2009 Annual Report
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Book Synopsis Application of Structural Conditionality - 2009 Annual Report by : International Monetary Fund. Finance Dept.
Download or read book Application of Structural Conditionality - 2009 Annual Report written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2010-03-26 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Motivation and approach. Last year’s major reforms of the Fund’s lending instruments, together with the commitment to treble its resources, made a significant contribution to global stabilization as Fund lending created room for policy accommodation and helped countries weather the worst of the crisis. While these reforms have yielded positive results, it is appropriate to ask—as the IMFC has—whether there is scope to build on this experience. This paper tries to answer this question, including by drawing on the lessons of the crisis, as perceived by policymakers, market participants, and academic observers, with whom Fund staff has consulted extensively. While every effort has been made to explore the pros and cons of various reform options neutrally, some options are clearly more evolutionary (e.g., those building on last year’s headline introduction of the Flexible Credit Line or FCL), while others are of a more radical nature (e.g., Fund provision of pure insurance payouts or collateralized lending). This paper focuses on the former, covering the latter set of ideas in a supplement. Once the Executive Board has had a chance to comment on all options, a more defined and specific set of proposals could be developed by staff for further consideration.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498340385 Total Pages :59 pages Book Rating :4.4/5 (983 download)
Book Synopsis 2011 Review of Conditionality - Content and Application of Conditionality by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book 2011 Review of Conditionality - Content and Application of Conditionality written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2012-06-18 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the design of conditionality in Fund-supported programs from 2002 to end-September 2011, with an emphasis on recent years. It focuses on the content and application of program conditionality—especially structural conditionality—in relation to the 2002 Conditionality Guidelines (the "Guidelines"), the Staff Statement on Principles Underlying the Guidelines on Conditionality, and subsequent revisions to operational guidance on conditionality. The analysis is based on the five key interrelated principles guiding the design of conditionality: national ownership of programs, parsimony in program-related conditions, tailoring to country circumstances, effective coordination with other multilateral institutions, and clarity in the specification of conditions. In particular, the principle of parsimony requires that program-related conditions be critical (or the minimum necessary) to achieve program objectives and goals, critical for monitoring program implementation, or necessary for implementing specific provisions under the Articles of Agreement (the "criticality criterion"). Beyond assessing compliance with these guidelines and principles, the paper also examines the implementation of conditionality
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498335330 Total Pages :12 pages Book Rating :4.4/5 (983 download)
Book Synopsis Third Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Third Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2009-07-10 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Periodic Monitoring Reports (PMRs) were established by the Executive Board in January 2007 to ensure the systematic monitoring of those IEO recommendations that the Board has endorsed. The first PMR was discussed by the Executive Board in January 20081 and the second PMR was discussed by the Evaluation Committee (EVC) in November 2008.2 This third report updates the status of the performance benchmarks related to IEO evaluations covered in the first and second PMRs and listed in Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations, Table 5. It also updates the implementation status of the management implementation plan (MIP) for Board-endorsed recommendations stemming from the IEO evaluation of "Structural Conditionality in IMF-Supported Programs."
Book Synopsis Policy, Program and Project Evaluation by : Anwar Shah
Download or read book Policy, Program and Project Evaluation written by Anwar Shah and published by Springer Nature. This book was released on 2020-11-02 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluation in recent decades has evolved from a tool for project appraisals to a more widely used framework for public decision-making and operational management. Most evaluation books are focused on traditional tools of analysis such as cost-effectiveness and cost-benefit analysis to the neglect of modern tools such as multi-criteria evaluation, social marginal cost of funds analysis, data envelopment analysis, results-oriented management and evaluation and theory based evaluations. This edited volume provides an easily accessible and comprehensive survey of both traditional and modern tools of analysis that are used in the evaluation literature to evaluate public projects, programs, policies and policy analysis and advice. The book will be of interest to students, scholars, researchers, practitioners and policy makers.
Author :International Monetary Fund Publisher :INTERNATIONAL MONETARY FUND ISBN 13 :9781589068797 Total Pages :84 pages Book Rating :4.0/5 (687 download)
Book Synopsis International Monetary Fund Annual Report 2009 by : International Monetary Fund
Download or read book International Monetary Fund Annual Report 2009 written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2009-09-24 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF's 2009 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2009, which covers the period from May 1, 2008, through April 30, 2009. The print version of the Report is available in eight languages (Arabic, Chinese, English, French, German, Japanese, Russian, and Spanish), along with a CD-ROM (available in English only) that includes the Report text and ancillary materials, including the Fund's Financial Statements for FY2009.
Book Synopsis Recurring Issues from a Decade of Evaluation by : International Monetary Fund. Independent Evaluation Office
Download or read book Recurring Issues from a Decade of Evaluation written by International Monetary Fund. Independent Evaluation Office and published by International Monetary Fund. This book was released on 2014-08-21 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report seeks to help the IMF enhance its effectiveness by identifying major recurring issues from the IEO’s first 20 evaluations and assessing where they stand. The IMF’s core areas of responsibility are surveillance, lending, and capacity development. The aim of this report is to strengthen the follow-up process by focusing on key issues that recurred in IEO evaluations, rather than on specific recommendations on their implementation. The IEO believes that a framework of reviewing and monitoring recurring issues would be useful in establishing incentives for progress, strengthening the Board’s oversight, and providing learning opportunities for the IMF.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498339980 Total Pages :75 pages Book Rating :4.4/5 (983 download)
Book Synopsis Macroeconomic Policy Frameworks for Resource-Rich Developing Countries - Background Paper 1 by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Macroeconomic Policy Frameworks for Resource-Rich Developing Countries - Background Paper 1 written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2012-08-24 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides deeper insights on a few themes with regard to the experience with macroeconomic management in resource-rich developing countries (RRDCs). First, some stylized facts on the performance of these economies relative to their non-resource peers are provided. Second, the experience of Fund engagement in these economies with respect to surveillance, programs, and technical assistance is assessed. Third, the experience of selected countries with good practices in the management of the natural resource wealth is presented. Fourth, the experience of IMF advice in helping RRDCs set up resource funds is discussed. Finally, the main themes and messages from the IMF staff consultation with external stakeholders (CSOs, policy makers, academics) are presented.
Book Synopsis IEO Annual Report, 2007 by : International Monetary Fund. Independent Evaluation Office
Download or read book IEO Annual Report, 2007 written by International Monetary Fund. Independent Evaluation Office and published by International Monetary Fund. This book was released on 2008-10-09 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IEO’s latest Annual Report covers its activities during the financial year ended April 2007. It summarizes the most recent IEO evaluations of The IMF and Aid to Sub-Saharan Africa and IMF Exchange Rate Policy Advice. The report also presents messages that are common to many IEO evaluations and are particularly noteworthy as the IMF proceeds with the implementation of its Medium-Term Strategy. Other topics discussed include implementation of recommendations made in 2006 by the External Evaluation Panel of the IEO, ongoing projects, the identification of future evaluations, and summaries of follow-ups of past evaluations.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498335489 Total Pages :48 pages Book Rating :4.4/5 (983 download)
Book Synopsis Review of Recent Crisis Programs by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Review of Recent Crisis Programs written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2009-09-14 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study concludes that recent Fund-supported programs in emerging market countries are delivering the kind of policy response and financing needed to cushion the blow from the worst global crisis since the 1930s. While the crisis has had a profound effect on output and employment, especially in those countries starting with large external vulnerabilities, many of the severe disruptions attending previous crises—currency overshooting and bank runs—have so far been avoided. Internalizing lessons from the past, programs have responded to country conditions and adapted to worsening economic circumstances to attenuate contractionary forces. As a result, signs of stabilization are emerging in program countries, though there remain challenges to secure sustained recovery in a number of countries.
Author :International Monetary Fund. Secretary's Department Publisher :International Monetary Fund ISBN 13 :1513568817 Total Pages :74 pages Book Rating :4.5/5 (135 download)
Book Synopsis International Monetary Fund Annual Report 2021 by : International Monetary Fund. Secretary's Department
Download or read book International Monetary Fund Annual Report 2021 written by International Monetary Fund. Secretary's Department and published by International Monetary Fund. This book was released on 2021-10-04 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
Book Synopsis A Contemporary Concept of Monetary Sovereignty by : Claus D. Zimmermann
Download or read book A Contemporary Concept of Monetary Sovereignty written by Claus D. Zimmermann and published by Oxford University Press. This book was released on 2013-11 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This study is a revised version of the doctoral dissertation that I defended at the University of Oxford in December 2011."--Page xi.
Author :International Monetary Fund. Secretary's Department Publisher :International Monetary Fund ISBN 13 :1513516116 Total Pages :108 pages Book Rating :4.5/5 (135 download)
Book Synopsis International Monetary Fund Annual Report 2019 by : International Monetary Fund. Secretary's Department
Download or read book International Monetary Fund Annual Report 2019 written by International Monetary Fund. Secretary's Department and published by International Monetary Fund. This book was released on 2019-10-04 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue of Annual Report discusses that the global economy is at a delicate moment. The expansion of early 2018 has lost momentum, in large part in response to rising trade tensions. There are threats from rising financial vulnerabilities and geopolitical uncertainties. These challenges call for policymakers to avoid missteps and to take the right policy steps: at home, across borders, and globally. In addition to several major reviews looking at IMF conditionality, economic and financial surveillance, and lending facilities, the management has deepened its analysis on trade spillovers and financial stability and are revamping frameworks for debt sustainability assessment in low-income and market access countries. Building on earlier research that showed how trade can boost incomes and living standards by enabling the flow of technology across countries, the October 2018 World Economic Outlook provided illustrative scenarios of the potential impact of escalating trade tensions between the United States and China.
Book Synopsis Conditionality in Evolving Monetary Policy Regimes by : International Monetary Fund
Download or read book Conditionality in Evolving Monetary Policy Regimes written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-05-03 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: With single-digit inflation and substantial financial deepening, developing countries are adopting more flexible and forward-looking monetary policy frameworks and ascribing a greater role to policy interest rates and inflation objectives. While some countries have adopted formal inflation targeting regimes, others have developed frameworks with greater target flexibility to accommodate changing money demand, use of policy rates to signal the monetary policy stance, and implicit inflation targets.
Book Synopsis International Monetary Fund Annual Report 2008 by : International Monetary Fund
Download or read book International Monetary Fund Annual Report 2008 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-10-09 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Annual Report 2008 to the Board of Governors reviews the IMF’s activities and policies during the financial year (May 1, 2007, through April 30, 2008). There are five chapters: (1) Overview: Refocusing the IMF; (2) Developments in the Global Economy and Financial Markets; (3) Fostering Macroeconomic and Financial Stability and Growth Through Surveillance; (4) Program Support and Capacity Building; and (5) Governance, Organization, and Finances. The full financial statements for the year, other appendixes, and materials supplementing the text are provided on a CD-ROM.
Book Synopsis Independent Evaluation at the IMF by : Ruben Lamdany
Download or read book Independent Evaluation at the IMF written by Ruben Lamdany and published by International Monetary Fund. This book was released on 2012-12-24 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines how independent evaluation contributes to the legitimacy and effectiveness of the IMF. It describes the evolution and impact of the Independent Evaluation Office ten years after its creation as well as the challenges it has faced. It also incorporates feedback from a wide range of internal and external actors and offers useful insights for international organizations, academics, and other global stakeholders.
Book Synopsis Development Centre Studies Policy Ownership and Aid Conditionality in the Light of the Financial Crisis A Critical Review by : OECD
Download or read book Development Centre Studies Policy Ownership and Aid Conditionality in the Light of the Financial Crisis A Critical Review written by OECD and published by OECD Publishing. This book was released on 2009-08-26 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study evaluates controversies that persist with respect to aid conditionality, how successful donors have been in stemming aid conditionality, and how the financial crisis has made it difficult to maintain traditional conditionality frameworks.
Book Synopsis IEO Annual Report 2012 by : International Monetary Fund. Independent Evaluation Office
Download or read book IEO Annual Report 2012 written by International Monetary Fund. Independent Evaluation Office and published by International Monetary Fund. This book was released on 2012-10-26 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Independent Evaluation Office (IEO) Annual Report 2012 presents an overview of overall developments in FY2012. In FY2012, the IEO expended approximately 97 percent of its total budgetary resources, including the approved budget amount and the resources carried forward from FY2011 as authorized. Vacancies amounted to about one and one-half staff years over the course of the financial year. This level of vacancies is within the range of what could be expected in a small organization with structural difficulties in recruitment and retention.
