IEO

IFI governance

News

IEO issues paper on member relations

The IEO has released the draft issues paper for an evaluation on the relationship between the IMF and its member countries, which will focus on the interaction of staff with member-country officials.

17 June 2008

Accountability

News

IMF challenged on accountability, governance

A scathing report from the Independent Evaluation Office highlights the IMF's lack of transparency and accountability, but there appears to be little shareholder agreement on the IEO's conclusions and consolidation of European board representation.

17 June 2008

IFI governance

News

World Bank-IMF spring meetings 2008

At this year's spring meetings, the World Bank faced increasing opposition to its plans to tackle climate change, while the IMF was forced to admit that the lack of democracy in its governance is probably why it missed the boat on the credit crisis.

15 April 2008

IFI governance

News

Fund trade advice in the crosshairs

The Independent Evaluation Office released the draft issues paper for its planned evaluation of the IMF’s trade policy advice.

1 April 2008

IFI governance

News

IMF conditionality high, effectiveness low

A report by the IMF’s evaluation arm faulted the Fund’s overuse of structural conditionality and partially blamed donors for the problem, but civil society critics of conditionality are not satisfied with the scope of the report or the changes accepted by the Fund.

1 February 2008

IFI governance

News

Ungovernable debate over Fund governance reform

With the wait for new leadership at the IMF over and the deadline for a deal on quota reform looming, the hard bargaining over power at the Fund will now begin. Still no end to European dominance of the institution is in site.

4 December 2007

IFI governance

News

World Bank-IMF annual meetings 2007

At this year's annual meetings, both the World Bank and the IMF faced serious challenges to their continued relevance and legitimacy. Observers were keen to see the tone that new heads Robert Zoellick and Dominique Strauss-Kahn would set for the institutions.

22 October 2007

IFI governance

News

Heated exchanges over exchange rates

The IMF executive board agreed to revise the legal framework for bilateral surveillance in June with the final text incorporating many of the safeguards demanded by developing countries but still angering the Chinese.

2 July 2007

Conditionality

Background

IEO Evaluation of the IMF and Aid to Sub-Saharan Africa

Civil society dialogue, spring meetings 2007 (12 April 2007) on the IEO Evaluation of the IMF and Aid to Sub-Saharan Africa

27 April 2007 | Minutes

Conditionality

News

Evaluation finds that IMF misleads the public about its role in Africa

A report released by the Independent Evaluation Office (IEO) of the IMF criticises the role of the IMF in managing aid inflows to Sub-Saharan Africa, but fails to address more fundamental questions about the Fund’s role in low-income countries.

2 April 2007

Accountability

News

Independence of IMF’s evaluation arm questioned

In an evaluation of the IMF Independent Evaluation Office's first five years of work, an external committee concluded that the IMF board may have undue influence over the body. Additionally the IEO set itself an ambitious work plan for the next year, as it plans to delve into the Fund's internal organisation and trade policy

11 September 2006

IFI governance

News

Committee questions independence of IMF’s evaluation arm

In an evaluation of the IMF Independent Evaluation Office's first five years of work, an external committee concluded that the IMF board and management may have undue influence on the body and that IMF management may not be appropriately implementing the body's recommendations when they are endorsed by the board.

30 June 2006