We are very pleased to see the IEO continue its excellent work reaching out to stakeholders, external parties and shareholders, while both considering its work programme and conducting evaluations. This is a vital component of the IEO’s approach that ensures well-informed and well-considered analysis.
Conditionality
IFI governance
News
IMF lending in Europe unprecedented, programmes failing
The contradictions revealed by IMF involvement in eurozone bailouts, identified in your article ("Less Cash, More Impact", The Economist, October 5th), reflect a crisis of legitimacy at the Fund.
IFI governance
News
IMF's World Economic Outlook admission of flaws creates controversy
The launch of the IMF's autumn 2012 World Economic Outlook (WEO) report stimulated a controversy over economic forecasting during the annual meetings of the IMF by admitting that the Fund's models, used to dictate the terms of bailouts, were flawed.
IFI governance
News
World Bank-IMF annual meetings 2012
Analysis, news, and about the events inside and around the World Bank/IMF annual meetings 2012. This page is being updated regularly.
Land
Background
Halting the global land rush: protecting land rights and promoting food security
This event discussed how to invest in agriculture in a responsible way, including research on the scale of the global rush for land, and explored potential solutions to the problem, including the role that the World Bank can and must play.
Finance
News
Revamped IMF surveillance: lacks influence?
The IMF has modified its mandate for scrutiny of its members' economies, pushing for greater oversight of large important countries. Doubts remain over its ability to influence the policy process in its biggest members.
Finance
News
Avoiding crashes on the financial "highway"?
The launch of the World Bank's new annual study, the Global financial development 2013 report (GFDR) and an IMF conference on financial crises, both in September, have renewed scrutiny of the Bank and the IMF's support for the development of private sector financial systems and the role their policy advice played in the global financial crisis.
Conditionality
News
No strings attached?
Egypt has been in talks to get over $11 billion in foreign aid, of which at least $7.5 billion will be contingent on IMF approval, sparking concerns from activists over policies likely to be imposed by the Fund, just as it has ended its conditionality review.
Conditionality
News
IMF's "incompetence" and "failures" in Europe led to "suffering"
The IMF's role as a member of the Troika, the grouping of the European Central Bank (ECB), European Commission and the Fund in the eurozone crisis, is attracting new criticism. Deepening recessions in eurozone nations have brought the efficacy and appropriateness of Troika-led reforms into question.
Finance
News
IMF divided over capital flows management?
IMF research staff have joined external critics in saying that capital account regulation should be more widespread and better coordinated across recipient countries, setting the stage for a contentious final debate on an IMF institutional view on capital account management at end October.
