The Role of the IMF As Trusted Advisor - RITA

This evaluation examines in what circumstances the Fund is viewed as a trusted advisor to its member countries. It uses evidence gathered since 2005, but emphasizes the period since the onset of the global crisis in 2007–08. Because the concept of trusted advisor is “in the eyes of the beholder,” the evaluation derives the main attributes from country authorities themselves.

International Reserves: IMF Concerns and Country Perspectives

In 2009-10, IMF Management advanced the argument that excessive reserve accumulation was jeopardizing the stability of the international monetary system. This evaluation traces the evolution of this thinking, in particular how it relates to the Fund’s longerstanding concern about the risks from global imbalances, and discusses reasons for the shift towards stressing the risks posed by excessive reserve accumulation.

Research at the IMF: Relevance and Utilization

While the research was appreciated by country authorities and the research community, its relevance was often hampered by lack of early consultation with country authorities on research themes and by lack of sufficient country and institutional context.

IMF Performance in the Run-up to the Financial and Economic Crisis, 2004-2007

It finds that the IMF provided few clear warnings about the risks and vulnerabilities associated with the impending crisis before its outbreak.

IMF Interactions with Member Countries

The evaluation evidence shows that IMF interactions were least effective with advanced and large emerging economies and most effective with PRGF-eligible countries.

IMF Involvement in International Trade Policy Issues

The evaluation finds that the IMF’s role in trade policy has evolved in some desirable and some less desirable ways.

Evaluation of the Technical Assistance Provided by the International Monetary Fund: Volume I — Main Report

The purpose of this evaluation is to examine technical assistance (TA) provided by the IMF to its member countries and to derive operational recommendations that can enhance the contribution of TA to the overall IMF mandate. The stated objectives of IMF TA were defined in the most recent policy statement on the subject. “In accord with the IMF's first Article of Agreement, the objective of the IMF's TA program is to contribute to the

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