Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF - An IEO Assessment - Executive Board Meeting - September 18, 2015

Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF - An IEO Assessment - Executive Board Meeting - September 18, 2015 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344240
Category : Business & Economics
Languages : en
Pages : 4

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Book Description
The thrust of the report’s recommendations to strengthen the institutional framework for self-evaluation, adapt it over time to changing circumstances, and better disseminate lessons from self-evaluation are well taken. I believe, however, that there is considerable scope to address these recommendations by refining and building on existing processes and initiatives already underway rather than by introducing substantial new architecture. I see limited value added relative to the costs in following through with the report’s two other key recommendations; namely, to conduct self-assessment for every IMF-supported program and to set out plans ex ante to self-evaluate every policy and thematic review.

Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF - An IEO Assessment - Executive Board Meeting - September 18, 2015

Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF - An IEO Assessment - Executive Board Meeting - September 18, 2015 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344240
Category : Business & Economics
Languages : en
Pages : 4

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Book Description
The thrust of the report’s recommendations to strengthen the institutional framework for self-evaluation, adapt it over time to changing circumstances, and better disseminate lessons from self-evaluation are well taken. I believe, however, that there is considerable scope to address these recommendations by refining and building on existing processes and initiatives already underway rather than by introducing substantial new architecture. I see limited value added relative to the costs in following through with the report’s two other key recommendations; namely, to conduct self-assessment for every IMF-supported program and to set out plans ex ante to self-evaluate every policy and thematic review.

The Acting Chair’s Summing Up - Independent Evaluation Office—Self Evaluation at the IMF—An IEO Assessment - Executive Board Meeting 15/89 - September 18, 2015

The Acting Chair’s Summing Up - Independent Evaluation Office—Self Evaluation at the IMF—An IEO Assessment - Executive Board Meeting 15/89 - September 18, 2015 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344151
Category : Business & Economics
Languages : en
Pages : 3

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Book Description
Executive Directors welcomed the report by the Independent Evaluation Office (IEO) on self-evaluation at the IMF, the accompanying statement on the report by the Managing Director, and the IEO’s response. They were encouraged by the report’s findings that there is considerable self-evaluation at the IMF; that such self-evaluation is generally of high quality; and that it contributes usefully to reforms in policies and operations. At the same time, they also noted the finding that there are gaps and weaknesses in the Fund’s self-evaluation. Against this background, Directors considered the recommendations of the report to adopt an overall policy for self-evaluation; conduct self-assessments for every IMF-supported program; explicitly set out a plan for how policies and operations will be self-evaluated; and better disseminate lessons from self-evaluation. In this context, many Directors supported strengthening the current mechanisms for self-evaluation. More broadly, Directors agreed on the importance of having a clearly articulated approach to self-evaluation that builds on current processes, takes due account of resource constraints, and adapts over time to changing circumstances. Directors also concurred on the need to better disseminate lessons from self-evaluation. The implementation plan would be a first opportunity to reflect on how best to carry these considerations forward.

New Common Evaluation Framework for IMF Capacity Development

New Common Evaluation Framework for IMF Capacity Development PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498346898
Category : Computers
Languages : en
Pages : 24

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Book Description
new common evaluation framework for the Fund’s capacity development (CD) activities. The new common evaluation framework is intended to streamline current practices and increase comparability and use of results by adopting for all CD evaluations a common four-step process that includes use of the OECD Development Assistance Committee (DAC) evaluation criteria. Around this common approach, there is flexibility to adapt evaluations to reflect the wide range of CD activities. Key elements of the framework are grouped around the objectives of: producing shorter, more focused, and more comparable evaluations; improving the information supporting evaluations;spending the same level of resources on evaluations while allocating these scarce resources more efficiently; and using the information from evaluations to alter practices or shift the targeting of CD resources.

Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation Report on Self-Evaluation at the IMF

Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation Report on Self-Evaluation at the IMF PDF Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
ISBN: 149834559X
Category : Business & Economics
Languages : en
Pages : 16

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Book Description
This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) evaluation report on Self-Evaluation at the IMF. The implementation plan proposes specific actions to address the recommendations of the IEO that were endorsed by the Board in its September 18, 2015 discussion of the IEO’s report, namely: (i) adopt a broad policy or general principles for self-evaluation in the IMF, including its goals, scope, outputs, utilization, and follow-up; (ii) give country authorities the opportunity to express their views on program design and results, and IMF performance; (iii) for each policy and thematic review, explicitly set out a plan for how the policies and operations it covers will be self-evaluated; (iv) develop products and activities aimed at distilling and disseminating evaluative findings and lessons. The implementation of some of these proposed actions is already underway. The paper also explains how implementation will be monitored.

Statement by the Managing Director on the Independent Evaluation Office Report on The IMF and Capacity Development Executive Board Meeting September 12, 2022

Statement by the Managing Director on the Independent Evaluation Office Report on The IMF and Capacity Development Executive Board Meeting September 12, 2022 PDF Author: International Monetary
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 8

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Book Description
The IEO evaluation contains a wealth of analysis and background material that will be invaluable as staff embarks on the preparation of the 2023 CD Strategy Review. The overall assessment is very positive, highlighting the achievements authorities have made with the help of Fund CD and the value they continue to place on this area of Fund work. The report also acknowledges the significant strides that have been made in improving governance and management of CD in recent years.

Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF

Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Statement by the Managing Director on the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation

Statement by the Managing Director on the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498343244
Category : Business & Economics
Languages : en
Pages : 4

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Book Description
The Managing Director welcomes the IEO's novel report, which identifies recurring issues from past evaluations and assesses progress in addressing them. The report's focus on organizational silos, attention to risks and uncertainty, country and institutional context, evenhandedness, and Executive Board guidance and oversight is appropriate given their relevance and importance for the effectiveness and credibility of IMF operations.

International Monetary Fund Annual Report 2016

International Monetary Fund Annual Report 2016 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498349277
Category : Business & Economics
Languages : en
Pages : 130

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Book Description
The year was marked by difficult challenges and milestone achievements. To reinvigorate modest growth at a time of uncertainty about a complicated global economy, the IMF membership endorsed a three-pronged approach of monetary, fiscal, and structural policies to get the world economy back on a stronger and safer growth track. Highlights of the IMF’s work during the year included entry into effect of its quota and governance reforms approved in 2010, which increase the Fund’s core resources and make it more representative of the membership; commitments for increased financial support, policy advice, expertise, and training to help low-income developing countries achieve the U.N. Sustainable Development Goals; analysis of the international monetary system; inclusion of the Chinese currency in the basket of currencies that make up the Special Drawing Right; and policy advice on the economic repercussions of mass migration of refugees from Syria and other conflict-afflicted states. The IMF Annual Report, which covers the period May 1, 2015 to April 30, 2016, discusses all of these issues, plus a wide range of policy matters that the Executive Board addressed during the year.

Statement by the Managing Director on the Independent Evaluation Office Report on IMF Response to the Financial and Economic Crisis

Statement by the Managing Director on the Independent Evaluation Office Report on IMF Response to the Financial and Economic Crisis PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498342647
Category : Business & Economics
Languages : en
Pages : 6

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Book Description
The Independent Evaluation Office (IEO) has produced a detailed report that provides valuable insights on how the IMF responded to the global financial and economic crisis. The analysis in the report is broadly balanced, and Managing Director welcomes the IEO’s finding that the IMF played an important role in the global response to the crisis, and broadly supports the report’s recommendations

Statement by the Managing Director on the Independent Evaluation Office Report on the IMF and Fragile States

Statement by the Managing Director on the Independent Evaluation Office Report on the IMF and Fragile States PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498308082
Category : Business & Economics
Languages : en
Pages : 7

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Book Description
I welcome the report of the Independent Evaluation Office (IEO) on the IMF and Fragile States. The report recognizes that the Fund has made important contributions in restoring macroeconomic stability, building core institutions, and catalyzing donor support across a diverse range of countries in fragile and conflict situations. The IEO’s analysis and findings provide a thorough stock-taking and resonate with staff. Accordingly, I broadly support the IEO’s recommendations to make the Fund’s engagement with countries in fragile and conflict situations more impactful.