Independent Evaluation Office Annual Report 2017

Independent Evaluation Office Annual Report 2017
Title Independent Evaluation Office Annual Report 2017 PDF eBook
Author International Monetary Fund. Independent Evaluation Office
Publisher International Monetary Fund
Pages 16
Release 2017-10-05
Genre Business & Economics
ISBN 1484317602

Download Independent Evaluation Office Annual Report 2017 Book in PDF, Epub and Kindle

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
Title IEO Evaluation Report PDF eBook
Author International Monetary Fund. Independent Evaluation Office
Publisher International Monetary Fund
Pages 20
Release 2017-10-05
Genre Business & Economics
ISBN 1484313801

Download IEO Evaluation Report Book in PDF, Epub and Kindle

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.

International Monetary Fund Annual Report 2018

International Monetary Fund Annual Report 2018
Title International Monetary Fund Annual Report 2018 PDF eBook
Author International Monetary Fund
Publisher International Monetary Fund
Pages 108
Release 2018-10-02
Genre Business & Economics
ISBN 1484373456

Download International Monetary Fund Annual Report 2018 Book in PDF, Epub and Kindle

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.

International Monetary Fund Annual Report 2021

International Monetary Fund Annual Report 2021
Title International Monetary Fund Annual Report 2021 PDF eBook
Author International Monetary Fund. Secretary's Department
Publisher International Monetary Fund
Pages 74
Release 2021-10-04
Genre Business & Economics
ISBN 1513568817

Download International Monetary Fund Annual Report 2021 Book in PDF, Epub and Kindle

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.

International Monetary Fund Annual Report 2017

International Monetary Fund Annual Report 2017
Title International Monetary Fund Annual Report 2017 PDF eBook
Author International Monetary Fund
Publisher International Monetary Fund
Pages 114
Release 2017-10-05
Genre Business & Economics
ISBN 1475563256

Download International Monetary Fund Annual Report 2017 Book in PDF, Epub and Kindle

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.

Evaluating Environment in International Development

Evaluating Environment in International Development
Title Evaluating Environment in International Development PDF eBook
Author Juha I. Uitto
Publisher Routledge
Pages 329
Release 2021-03-30
Genre Business & Economics
ISBN 1000364100

Download Evaluating Environment in International Development Book in PDF, Epub and Kindle

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.

Regulation and Supervision of the OTC Derivatives Market

Regulation and Supervision of the OTC Derivatives Market
Title Regulation and Supervision of the OTC Derivatives Market PDF eBook
Author Ligia Catherine Arias-Barrera
Publisher Routledge
Pages 215
Release 2018-05-11
Genre Business & Economics
ISBN 1351797719

Download Regulation and Supervision of the OTC Derivatives Market Book in PDF, Epub and Kindle

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.