Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1498343236
Category : Business & Economics
Languages : en
Pages : 3
Book Description
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The Chairman’s Summing Up - Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation - Lessons for the IMF
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1498343236
Category : Business & Economics
Languages : en
Pages : 3
Book Description
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Recurring Issues from a Decade of Evaluation
Author: International Monetary Fund. Independent Evaluation OfficePublisher: International Monetary Fund
ISBN: 1498392709
Category : Business & Economics
Languages : en
Pages : 61
Book Description
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.
Chairman's Summing Up
Author: High Level Status Report to the IEO Evaluation of Fund's Recurring Issues
Author: International Monetary Fund. Strategy, Policy, & Review DepartmentPublisher: International Monetary Fund
ISBN: 1498347045
Category : Business & Economics
Languages : en
Pages : 21
Book Description
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.
Statement by the Managing Director on the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1498343244
Category : Business & Economics
Languages : en
Pages : 4
Book Description
The Managing Director welcomes the IEO's novel report, which identifies recurring issues from past evaluations and assesses progress in addressing them. The report's focus on organizational silos, attention to risks and uncertainty, country and institutional context, evenhandedness, and Executive Board guidance and oversight is appropriate given their relevance and importance for the effectiveness and credibility of IMF operations.
Recurring Issues from a Decade of Evaluation
Author: International Monetary Fund. Independent Evaluation OfficePublisher:
ISBN: 9781498374156
Category :
Languages : en
Pages :
Book Description
The Chair's Summing Up Independent Evaluation Office--The Evolving Application of the IMF's Mandate
Author: International Monetary FundPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 3
Book Description
This evaluation assesses the decision-making processes that guided the evolution of the application of the Fund's mandate, the criteria and principles used to operationalize engagement in newer policy areas, and the coherence of the Fund's framework for engaging with partners. It finds that the systematic widening of the Fund's areas of work is posing adaptation challenges, necessitating trade-offs, and overburdening staff within a context of budgetary and expertise constraints. The evaluation offers a framework for approaching these challenges that is centered on a trilemma that exposes the tension between the steady expansion of the Fund's scope of work, its limited resources, and the need to maintain the high quality and value-added of its policy advice. It identifies several problems within this framework, including the ad hoc decision-making process for engaging in newer policy areas, which lacks a longer-term strategic anchor. Furthermore, decisions on policies, resources, and risks were taken in a piecemeal manner, without due consideration for crossed effects. It also identifies several open questions regarding the depth and frequency of the Fund's engagement in newer policy areas and the lack of an institutional approach to Fund partnerships.The evaluation proposes classifying newer policy areas across a spectrum of recommended engagement, ranging from signaling their macrocriticality while leaving deeper assessments to other institutions, to in-depth high-frequency engagement. It also offers four main recommendations: (i) developing an inclusive Fund-wide institutional strategy for engagement in newer policy areas that better links decisions related to scope, resources, and risks; (ii) producing budget data that enables the tracking of Fund activities and operations by policy area; (iii) updating the 2022 Guidance Note for Surveillance to enhance the clarity of principles for engagement; and (iv) adopting a Board-approved high-level Statement of Principles for engagement with partners.
Progress Report to The IMFC on The Activities of The Independent Evaluation Office of The IMF
Author: International MonetaryPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 2
Book Description
Since the 2021 Annual Meetings, the IEO has made considerable progress with three ongoing evaluations, while two management implementation plans (MIPs) to follow up on recommendations from previous evaluations have been approved by the Board. In addition, to mark its twentieth birthday, the IEO organized a virtual conference to reflect on experience from its second decade and consider future challenges. We have also contributed to the ongoing work on institutional integrity at the IMF, drawing on a stocktaking of material contained in past evaluations and are considering additional work on these issues as we select two new evaluation topics later this year.
The Acting Chair’s Summing Up Independent Evaluation Office—IMF Engagement with Small Developing States: Executive Board Meeting May 6, 2022
Author: International Monetary FundPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 4
Book Description
Executive Directors welcomed the report of the Independent Evaluation Office (IEO) on IMF Engagement with Small Developing States (SDS) and appreciated its insights and recommendations. They welcomed the report’s finding that the Fund has substantially stepped up its engagement with its SDS members over the past decade, and that SDS country officials generally considered Fund surveillance and capacity development (CD) activities of high quality and well-tailored to their needs.
Independent Evaluation at the IMF
Author: Ruben LamdanyPublisher: International Monetary Fund
ISBN: 1475531265
Category : Business & Economics
Languages : en
Pages : 268
Book Description
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.