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IEO

Accountability

Commentary

The IMF is changing and needs an independent ombudsman

The Fund's expansion of its work into the macro-stability challenges posed by pandemics, climate change, gender discrimination and inequality increases the risks that it may negatively impact communities and individuals.

21 July 2022 | Guest comment

Private Sector

Analysis

How IMF and World Bank support for financialisation undermines human rights

IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance

6 April 2022 | At Issue

Finance

Analysis

Debt crisis prevention: We need to talk about capital controls

IMF's position on capital controls must be revised to recognise that they are an essential and permanent macroeconomic tool necessary to increase countries' policy autonomy and enable them to act counter-cyclically and to prevent future debt crises.

9 December 2021 | At Issue

IFI governance

News

Independent Evaluation Office downplays IMF’s promotion of austerity whilst civil society warns of further cuts

Concerns over excessive austerity waved away, despite IEO admission that protection of low-income and vulnerable groups had fallen short.

9 December 2021

Finance

News

Evaluation finds IMF advice on capital controls lacking empirical support

IMF’s Independent Evaluation Office suggests that Fund guidelines are too restrictive and recommends a refresh in light of recent experience and research.

23 March 2021

Conditionality

Analysis

Structural adjustment is dead, long live structural adjustment

As Fund publishes its first comprehensive review of conditionality since the financial crisis, questions arise about the Fund's capacity to create economic stability and the rise of structural conditions.

30 July 2019

Accountability

News

Independent evaluations continue to lack traction at IMF

Expert panel publishes third external evaluation of IMF's accountability mechanism, finding impact of independent evaluations lacking

26 September 2018
Peacekeepers patrol Haiti during elections.

Rights

News

IEO fragility report: IMF less concerned with “making a real difference on the ground”

IEO produces fragility evaluation on IMF and finds major staff incentive issues and other concerns, questioning Fund's credibility of its commitments in this area.

23 July 2018
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Other news

IFI governance

News

IMF's Independent Evaluation Office appoints new director and releases 2023 work plan

Changes in leadership have been announced at the WB Independent Evaluation Group and IMF Independent Evaluation Office. Furthermore, the IMF IEO published its 2023 Work plan introducing two new governance evaluations of the IMF’s mandate and its Exceptional Access Policy.

8 December 2022

Environment

Background

Climate change and the Covid-19 recovery – the role of the IMF in building back better

Notes from the Civil Society Policy Forum session on 28 September.

28 September 2020 | Minutes

Social services

News

CSOs express concern about IMF’s “strongly divergent” social protection approach

Global Coalition for Social Protection Floors submits letter to the IMF expressing concerns about impacts of Fund's policies on social protection.

6 December 2017

Accountability

News

IEO request for input in future evaluations

The IMF’s Independent Evaluation Office (IEO) is requesting input on topics for its future evaluations.

3 July 2017

Accountability

Background

Independent evaluation at the IMF: Role, recent work and future agenda

Notes from 2017 World Bank and IMF spring meetings session of IEO and its future work programme,

21 April 2017 | Minutes

IFI governance

Background

Recommended resources on the World Bank and IMF 2016

The Bretton Woods Project's selection of the best books, reports and other resources on the World Bank and IMF from 2016.

2 February 2017 | Resource

Conditionality

Background

IMF and World Bank’s Influence on Economic Policy Making in Developing Countries

Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings, evaluating how well the World Bank and IMF have done on respecting the country ownership principle ten years after its international acceptance.

16 April 2016 | Minutes

IFI governance

News

IEO report criticises IMF policy recommendations

Independent Evaluation Office October report on the IMF's response to the financial and economic crisis criticises the Fund's recommended monetary and fiscal policy advice.

20 November 2014
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