Independent Evaluation Office Annual Report 2017

Independent Evaluation Office Annual Report 2017 PDF Author: International Monetary Fund. Independent Evaluation Office
Publisher: International Monetary Fund
ISBN: 1484317580
Category : Business & Economics
Languages : en
Pages : 16

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Book Description
This paper discusses that the Independent Evaluation Office (IEO) has also launched three new evaluations—which will analyze the IMF’s role on fragile states, its financial surveillance activities, and its advice on unconventional monetary policies—and two evaluation updates—which will look into the IMF’s exchange rate policy advice and structural conditionality. The evaluation found that, for the most part, the IMF’s euro area surveillance identified the right issues during the pre-crisis period but did not foresee the magnitude of the risks that would later become paramount. The IMF’s surveillance of the financial regulatory architecture was generally of high quality, but staff, along with most other experts, missed the buildup of banking system risks in some countries. The report found several issues with the way decision making was managed by the IMF. In May 2010, the IMF Executive Board approved a decision to provide exceptional access financing to Greece without seeking preemptive debt restructuring, even though its sovereign debt was not deemed sustainable with a high probability.

Independent Evaluation Office Annual Report 2017

Independent Evaluation Office Annual Report 2017 PDF Author: International Monetary Fund. Independent Evaluation Office
Publisher: International Monetary Fund
ISBN: 1484317580
Category : Business & Economics
Languages : en
Pages : 16

Get Book

Book Description
This paper discusses that the Independent Evaluation Office (IEO) has also launched three new evaluations—which will analyze the IMF’s role on fragile states, its financial surveillance activities, and its advice on unconventional monetary policies—and two evaluation updates—which will look into the IMF’s exchange rate policy advice and structural conditionality. The evaluation found that, for the most part, the IMF’s euro area surveillance identified the right issues during the pre-crisis period but did not foresee the magnitude of the risks that would later become paramount. The IMF’s surveillance of the financial regulatory architecture was generally of high quality, but staff, along with most other experts, missed the buildup of banking system risks in some countries. The report found several issues with the way decision making was managed by the IMF. In May 2010, the IMF Executive Board approved a decision to provide exceptional access financing to Greece without seeking preemptive debt restructuring, even though its sovereign debt was not deemed sustainable with a high probability.

IEO Evaluation Report

IEO Evaluation Report PDF Author: International Monetary Fund. Independent Evaluation Office
Publisher: International Monetary Fund
ISBN: 1484317645
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
IEO Evaluation Report: Annual Report 2017

Independent Evaluation Office Annual Report 2017

Independent Evaluation Office Annual Report 2017 PDF Author: International Monetary Fund. Independent Evaluation Office
Publisher: International Monetary Fund
ISBN: 1484317602
Category : Business & Economics
Languages : en
Pages : 16

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Book Description
This paper discusses that the Independent Evaluation Office (IEO) has also launched three new evaluations—which will analyze the IMF’s role on fragile states, its financial surveillance activities, and its advice on unconventional monetary policies—and two evaluation updates—which will look into the IMF’s exchange rate policy advice and structural conditionality. The evaluation found that, for the most part, the IMF’s euro area surveillance identified the right issues during the pre-crisis period but did not foresee the magnitude of the risks that would later become paramount. The IMF’s surveillance of the financial regulatory architecture was generally of high quality, but staff, along with most other experts, missed the buildup of banking system risks in some countries. The report found several issues with the way decision making was managed by the IMF. In May 2010, the IMF Executive Board approved a decision to provide exceptional access financing to Greece without seeking preemptive debt restructuring, even though its sovereign debt was not deemed sustainable with a high probability.

IEO Evaluation Report

IEO Evaluation Report PDF Author: International Monetary Fund. Independent Evaluation Office
Publisher: International Monetary Fund
ISBN: 1484313801
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
This paper analyzes that the IMF has moved beyond its traditional fiscal-centric approach to recognize that social protection can also be macro-critical for broader reasons including social and political stability concerns. Evaluating the IMF’s involvement in social protection is complicated by the fact that there is no standard definition of social protection or of broader/overlapping terms such as social spending and social safeguards in (or outside) the IMF. In this evaluation, social protection is understood to include policies that provide benefits to vulnerable individuals or households. This evaluation found widespread IMF involvement in social protection across countries although the extent of engagement varied. In some cases, engagement was relatively deep, spanning different activities (bilateral surveillance, technical assistance, and/or programs) and involving detailed analysis of distributional impacts, discussion of policy options, active advocacy of social protection, and integration of social protection measures in program design and/or conditionality. This cross-country variation to some degree reflected an appropriate response to country-specific factors, in particular an assessment of whether social protection policy was macrocritical, and the availability of expertise from development partners or in the country itself.

External Evaluation of the Independent Evaluation Office

External Evaluation of the Independent Evaluation Office PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498342353
Category : Business & Economics
Languages : en
Pages : 87

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Book Description
We have been asked by the Executive Board of the International Monetary Fund to undertake an external review of the activities of its Independent Evaluation Office (IEO). This is the second such evaluation in the IEO’s twelve year history. The first review, led by Karin Lissakers (the “Lissakers Report”), was presented to the Board in 2006. That report considered the extent to which the Office had succeeded during its first five years of operation in fulfilling its mandates and made recommendations to enhance its role within the IMF’s institutional architecture. Our report thus focuses on IEO activities since 2006. As set out in the terms of reference of our Panel (see Appendix I), the central objective of this report is to evaluate how well the IEO has met its institutional mandates. The terms of reference, while not constraining the range of issues we could consider, also asks that we “assess the IEO’s effectiveness along several dimensions, including: (i) the appropriateness of evaluation topics; (ii) the independence of the IEO; (iii) the cost-effectiveness of the IEO and its operations; and (iv) the appropriateness and adequacy of the evaluation process including, but not limited to, how IEO recommendations are endorsed by the Board and implemented.”

International Monetary Fund Annual Report 2017

International Monetary Fund Annual Report 2017 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1475563256
Category : Business & Economics
Languages : en
Pages : 114

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Book Description
During the past financial year, the IMF’s 189 member countries faced a number of pressing challenges. IMF work on these challenges - slower trade, declining productivity, gender inequality, inclusive growth, and debt management - is a central focus of this 2017 Annual Report.

IEO Evaluation Report

IEO Evaluation Report PDF Author: International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781484317662
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
IEO Evaluation Report: Annual Report 2017

IMF Publications Catalog, Spring 2017

IMF Publications Catalog, Spring 2017 PDF Author: International Monetary Fund. Communications Department
Publisher: International Monetary Fund
ISBN: 1475585241
Category :
Languages : en
Pages : 37

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Book Description
Spring 2017 IMF Publications Catalog highlights all new and forthcoming publications from the IMF, in addition to key titles in the IMF collection.

Environmental Evaluation and Global Development Institutions

Environmental Evaluation and Global Development Institutions PDF Author: Geeta Batra
Publisher: Routledge
ISBN: 1000481999
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
Evaluation is increasingly important for finding sustainable solutions for the people and the planet, based on a systematic analysis of what works, for whom, and under what circumstances, and to contribute to the achievement of the Sustainable Development Goals, as they pertain to the environment. This book explores why the Global Environment Facility (GEF) invests in evaluation for accountability and learning to inform its decision-making on programming priorities, and how this leads to wiser funding decisions and better program performance on the ground. The book is based on real-life experiences of how to make evaluation count for international environmental action. Drawing upon comprehensive evaluations of the GEF, it provides unique insights from authors responsible for designing, implementing, and disseminating the findings of the evaluations. No other multilateral development or environment agency places evaluation fully at the center of their decision-making. The book outlines the trends in the global environment and the changing landscape of international environmental finance. It defines the role of the GEF and explains its institutional framework and the unique partnership that involves donor and recipient countries, multilateral development banks, UN agencies, nongovernmental organizations (NGOs), and national agencies in the developing countries. Further, it provides useful pointers to other organizations wishing to enhance evidence-based decision-making for improving their relevance, performance, and impact. The book will be most suitable for graduate-level, specialized study in a variety of disciplines such as environmental and development economics, political science, international relations, geography, sociology, and social anthropology. The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Transformational Change for People and the Planet

Transformational Change for People and the Planet PDF Author: Juha I. Uitto
Publisher: Springer Nature
ISBN: 3030788539
Category : Science
Languages : en
Pages : 295

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Book Description
This Open Access book deals with the pressing question of how to achieve transformational change that reconciles development with environmental sustainability. It particularly focuses on the role of evaluation in finding sustainable solutions. Environment and development are closely interlinked, as are human health and ecosystem health. The pandemic that began in 2020 demonstrated in no uncertain terms how destruction of habitats has allowed hitherto unknown pathogens spill over to humans wreaking havoc on people’s lives and livelihoods. We are already seeing the impacts of global climate change in terms of heatwaves, forest fires and increased storms. The Sustainable Development Goals (SDGs) explicitly recognize the equal importance of the social, economic and environmental dimensions of development. In these turbulent times, when humankind faces multiple complex challenges it is essential to know that our responses are effective and that they make a positive difference. Evaluation can provide invaluable lessons to how we design policies, strategies and programs and how we allocate limited resources between competing priorities. This book brings together key thinkers and practitioners from the public and private sectors, from major multilateral organizations and from bilateral donor agencies, to present the latest knowledge and experience on how to evaluate interventions in the nexus of environment and development. The book does not promote any particular approach or methodology, but rather emphasizes the need for mixed methods to address the question at hand in the best and most suitable manner. It covers cases from a variety of fields, from climate change mitigation and adaptation, energy efficiency and renewable energy, natural resources management, biodiversity conservation and more. This book is not a conference proceedings although it has its roots in the Third International Conference on Evaluating Environment and Development organized by the GEF Independent Evaluation Office in October 2019. The conference brought together a larger number of established and upcoming evaluators, researchers and evaluation users from the Global North and South, representing a wide variety of organizations, to discuss the frontiers of environment and development evaluation. Following the conference, the editors identified and contacted the participants who made key contributions at the conference and asked them to develop their ideas and papers into book chapters according to a coherent plan.