English, PDF, 820kb
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
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, , 698kb
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
The evaluation finds that the IMF’s role in trade policy has evolved in some desirable and some less desirable ways.