English, PDF, 668kb

Independent Evaluation Office (IEO) of the International Monetary Fund - Annual Report 2013

Independent Evaluation Office (IEO) of the International Monetary Fund - Annual Report 2013


English, PDF, 820kb

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.


English, PDF, 1,200kb

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.


English, , 1,253kb

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.


English, , 690kb

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.


English, , 698kb

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.


English, , 2,756kb

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.


English, , 440kb