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

Get Book Here

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: 1484317602
Category : Business & Economics
Languages : en
Pages : 16

Get Book Here

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

Get Book Here

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.

IMF Publications Catalog, Spring 2018

IMF Publications Catalog, Spring 2018 PDF Author: International Monetary Fund. Communications Department
Publisher: International Monetary Fund
ISBN: 1484349814
Category :
Languages : en
Pages : 36

Get Book Here

Book Description
This paper explains the IMF eLibrary simplifies analysis and research with online access to the IMF’s periodicals, books, working papers and studies, and data and statistical tools. This full collection contains material dating back to 1946. It is a vital source of information for researchers, professionals, and students in economics, law, business, international affairs, environment and natural resource management, inclusion, gender and labor issues, and much more. Full access to the AREAER Online database is included with all eLibrary subscriptions. The Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER) tracks the exchange and trade regimes of members of the International Monetary Fund. AREAER Online allows users to search policy components back to 1999. Users can track how policies have changed over time or compare rules and restrictions by country and region. Microsites help researchers and professionals who are less familiar with IMF content easily find the resources they need.

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

Get Book Here

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.

International Monetary Fund Annual Report 2018

International Monetary Fund Annual Report 2018 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1484373456
Category : Business & Economics
Languages : en
Pages : 108

Get Book Here

Book Description
The past year was one of growing economic anxiety tied to skepticism about both economic integration and an international approach to economic policy making. To help make globalization work for all, the IMF focused on providing policy advice in many macro-critical areas.

IMF Publications Catalog, Fall/Winter 2018

IMF Publications Catalog, Fall/Winter 2018 PDF Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1484375491
Category :
Languages : en
Pages : 36

Get Book Here

Book Description
This paper focuses on several IMF publications published in the winter of year 2018. Realizing Indonesia’s Economic Potential book uncovers some of the forces that are likely to shape Indonesia’s economy. It analyses the constraints to growth, propose options to boost economic growth, and explore key issues policymakers will need to handle in the future. The ASEAN Way: Sustaining Growth and Stability book provides a comprehensive account of how Association of Southeast Asian Nations, its individual members and as a group, rose above its worst regional financial crisis 20 years ago, to become one of the most resilient in the face of the worst global financial crisis just a decade later. The challenges faced and the policy responses taken, chronicled and analyzed in this study, can hopefully provide further lessons as we face a new global policy paradigm. It is a must-read for academics, the financial community, and policymakers alike.

Evaluating Environment in International Development

Evaluating Environment in International Development PDF Author: Juha I. Uitto
Publisher: Routledge
ISBN: 1000364100
Category : Business & Economics
Languages : en
Pages : 314

Get Book Here

Book Description
This book provides novel and in-depth perspectives on evaluating environment and sustainability issues in developing countries. Evaluating Environment in International Development focuses on the approaches and experiences of leading international organizations, not-for-profits, and multilateral and bilateral aid agencies to illustrate how systematic evaluation is an essential tool for providing evidence for decision-makers. Moving beyond projects and programmes, it explores normative work on the environment as well as environmental consequences of economic and social development efforts. This new edition reflects on the 2030 Agenda for Sustainable Development and Sustainable Development Goals and considers how they have influenced efforts in a wide range of countries and what the implications are for evaluation. It also explores ways in which Big Data and geospatial approaches might be utilized. Significantly updated throughout to reflect recent developments in climate change research, and on the implications of the 2020 pandemic, this volume will be of great interest to students and scholars of environment studies, development studies, international relations, sustainable development and evaluation, as well as practitioners in international organizations and development and environmental NGOs. The Open Access version of this book, available at http://www.taylorfrancis.com/books/9781003094821, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

International Monetary Fund Annual Report 2017

International Monetary Fund Annual Report 2017 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1484306147
Category : Business & Economics
Languages : en
Pages : 114

Get Book Here

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.

Regulation and Supervision of the OTC Derivatives Market

Regulation and Supervision of the OTC Derivatives Market PDF Author: Ligia Catherine Arias-Barrera
Publisher: Routledge
ISBN: 1351797719
Category : Business & Economics
Languages : en
Pages : 215

Get Book Here

Book Description
The over-the-counter (OTC) derivatives market has captured the attention of regulators after the Global Financial Crisis due to the risk it poses to financial stability. Under the post-crisis regulatory reform the concentration of business, and risks, among a few major players is changed by the concentration of a large portion of transactions in the new market infrastructures, the Central Counterparties (CCPs). This book, for the first time, analyses the regulatory response of the United Kingdom and the United States, the two largest centres of OTC derivatives transactions, and highlights their shortcomings. The book uses a normative risk-based approach to regulation as a methodological lens to analyse the UK regime of CCPs in the OTC derivatives market. It specifically focuses on prudential supervision and conduct of business rules governing OTC derivatives transactions and the move towards enhancing the use of central clearing. The resulting analysis, from a normative risk based approach, suggests that the UK regime for CCPs does not fulfil what would be expected if a coherent risk based approach was taken. Our comments on the Dodd-Frank Act highlight that the incoherent adoption of risk-based approach to regulation affects the effectiveness of the US regime for CCPs. Such a regime does not follow the pace of events of ‘innovation risk’; in particular, the foreseeable changes FinTech will bring to the OTCDM and central clearing services. The second inadequacy of the US regime concerns the dual regulatory structure of the CFTC and the SEC, and the inadequate adoption of different and not well-coordinated regulatory strategies. We also analyse the cross-border implications of the US regime for non-US CCPs that provide clearing services to US market participants. Finally, we study the negative effects of the absence of a clearly defined resolution regime for CCPs.

Global Youth Unemployment

Global Youth Unemployment PDF Author: Ross Fergusson
Publisher: Edward Elgar Publishing
ISBN: 1789900425
Category : Political Science
Languages : en
Pages : 297

Get Book Here

Book Description
This timely book introduces a fresh perspective on youth unemployment by analysing it as a global phenomenon. Ross Fergusson and Nicola Yeates argue that only by incorporating analysis of the dynamics of the global economy and global governance can we make convincing, comprehensive sense of these developments. The authors present substantial new evidence spanning a century pointing to the strong relationships between youth unemployment, globalisation, economic crises and consequent harms to young people’s social and economic welfare worldwide. The book notably encompasses data and analysis spanning the Global South as well as the Global North.