Download or read book The Fund s Transparency Policy Review of Experience and Next Steps written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2002-05-24 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the experience with transparency of the Fund’s activities and its members’ policies. Transparency of the Fund as an institution has now become much more systematic. Fund missions consult more regularly with a broad group of interested parties. The Independent Evaluation Office has been established to provide objective and independent evaluation of issues related to the Fund. The Fund’s transparency has also been increased through external consultations on, and independent evaluations of, its own policies and more systematic publication of policy papers. Finally, the Fund has enhanced the provision of information to the public through its website, and a substantial percentage of documents covering a wide range of topics is now published. Overall, activities of the Fund are now subject to much greater public scrutiny.
Download or read book The Fund s Transparency Policy Issues and Next Steps written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2003-09-29 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents for consideration by Directors the issue of a move to a policy of presumed publication of staff reports, and lays out possible options for modalities of implementing the policy of presumed publication. The paper also addresses several issues deferred to this review including: (i) presumed publication of UFR staff reports in exceptional access cases; (ii) deletions of highly politically-sensitive information; (iii) presumed publication of Financial System Stability Assessment (FSSA) reports and a policy for publication of Technical Notes prepared in the context of the Financial Sector Assessment Program (FSAP); and (iv) presumed publication of Reports on the Observance of Standards and Codes (ROSCs). The paper also addresses the issue of a modification policy for staff policy papers prior to publication, and the possibility of withholding publication of a staff report when deletions of highly market sensitive material would significantly alter its key messages.
Download or read book Review of the Fund s Transparency Policy written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2005-05-25 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review analyzes trends in publication of IMF documents and experience with various aspects of the transparency policy since July 2003, based on: Fund-wide data on publication; records of changes made to published staff reports; a survey of mission chiefs; and ten country case studies involving interviews with staff and Executive Directors.
Download or read book A Review of the Fund s External Communications Strategy written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2003-02-13 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews implementation of the Fund’s external communications strategy and suggests issues that the Board may wish to discuss at its third meeting since 1998 on the subject. The strategy has been shaped by the previous Board discussions and more recent decisions and discussions on transparency, conditionality, PRSP/PRGF, the Independent Evaluation Office, and other issues. This paper represents more of a stocktaking than a fundamental reconsideration of the Fund’s approach to external communications. It examines the progress made in recent years and steps that might be taken with current resources to increase the effectiveness of the strategy.
Download or read book Accountability of the International Monetary Fund written by Barry Carin and published by IDRC. This book was released on 2005 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brings together leading experts from all over the world to further the debate on the various dimesions of accountability of IMF to its various sharholders and stakeholders. Having fully explored how the notion of accountability can be pragmatically applied it then tests various alternative appriaches and makes some recommendations.
Download or read book Transparency in Government Operations written by Mr.J. D. Craig and published by International Monetary Fund. This book was released on 1998-02-03 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.
Download or read book Blacked Out written by Alasdair Roberts and published by Cambridge University Press. This book was released on 2006-01-30 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly forty years ago the US Congress passed the landmark Freedom of Information Act (FOIA) giving the public the right to government documents. This 'right to know' has been used over the past decades to challenge overreaching Presidents and secretive government agencies. The example of transparency in government has served as an example to nations around the world spawning similar statutes in fifty-nine countries. This 2006 book examines the evolution of the move toward openness in government. It looks at how technology has aided the disclosure and dissemination of information. The author tackles the question of whether the drive for transparency has stemmed the desire for government secrecy and discusses how many governments ignore or frustrate the legal requirements for the release of key documents. Blacked Out is an important contribution during a time where profound changes in the structure of government are changing access to government documents.
Download or read book Anti Money Laundering and Combating the Financing of Terrorism AML CFT Materials Concerning Staff Progress Towards the Development of a Comprehensive AML CFT Methodology and Assessment Process written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2002-11-06 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Download or read book Review of the IMF s Communications Strategy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-06-30 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The framework guiding the IMF’s communications—established by the Executive Board in 2007—has enabled the institution to respond flexibly to the changing global context. The framework is based on four guiding principles: (i) deepening understanding and support for the Fund’s role and policies; (ii) better integrating communications into the IMF’s daily operations; (iii) raising the impact of new communications materials and technologies; and (iv) rebalancing outreach efforts to take account of different audiences. In addition, greater emphasis has been placed on strengthening internal communications to help ensure institutional coherence in the Fund’s outreach activities. Continued efforts are needed to strengthen communications going forward. Several issues deserve particular attention. First, taking further steps to ensure clarity and consistency in communication in a world where demand for Fund services continues to rise. Second, doing more to assess the impact of IMF communications and thus better inform efforts going forward. Third, engaging strategically and prudently with new media—including social media.
Download or read book The International Monetary Fund IMF written by James Raymond Vreeland and published by Routledge. This book was released on 2006-12-06 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ideal book for students who need a clear and concise introduction to the IMF and an overview of its debates and controversies.
Download or read book Annual Report of the Executive Directors for the Fiscal Year written by International Monetary Fund and published by . This book was released on 1999 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proposed Amendment on the Reform of the IMF Executive Board and Fourteenth General Review of Quotas Status of Acceptances and Consents written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2013-05-14 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: A stronger presumption of publication for all program-related documents could further increase publication rates, while defining prompt publication should help reduce publication lags. Streamlining external communication products could reduce the risk of inconsistent messaging. The review also presents new evidence on evenhandedness with now only few cases not fulfilling the criteria for modifications under the policy. It nevertheless suggests measures to strengthen monitoring in this area. The review sets out the Fund’s policies on confidential information, and proposes that staff systematically explains these policies in its interactions with country authorities. In response to recent surveillance reforms, the review also proposes a new publication regime for multi-country documents. Staff sees the introduction of a publication regime for a new category of multi-country documents as the best way to ensure that the Fund publishes candid multilateral surveillance, while respecting members’ needs. Similarly, the modification rules for country documents will need to be adapted to take into account the implications of the Integrated Surveillance Decision (ISD).
Download or read book Sovereign Wealth Funds Local Content Policies and CSR written by Eduardo G. Pereira and published by Springer Nature. This book was released on 2021-01-25 with total page 653 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores three particular strategies in the extractives sector for creating shared wealth, increased labour opportunities and positive social, environmental and economic outcomes from corporate projects, namely: state wealth funds (SWF), local content policies (LCP) and corporate social responsibility (CSR) practices. Collectively, the chapters explore the associated experiences and challenges in different parts of the world with the view to inform equitable and sustainable development for the communities living adjacent to extractives sites and the wider society and environment. Examples of LCPs, SWFs and CSR practices from 12 jurisdictions with diverse experiences offer usefull insights. The book illuminates challenges and opportunities for sustainable development outcomes of the extractives sector. It reflects the need to take on board the lessons of these global experiences in order to improve outcomes for poverty reduction, inequality reduction and sustainable development.
Download or read book Guidance Note for Article IV Consultations written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2012-10-10 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note provides guidance to staff on the conduct of surveillance in the context of Article IV consultations, a core activity of the Fund. Surveillance involves the continuous monitoring of members‘ economic and financial policies and their impact on their own and global stability. During Article IV consultations, staff holds pointed discussions with country authorities on the economic situation, the authorities‘ policies and how these affect the country‘s stability, the role of potential or actual spillovers where relevant, and desirable policy adjustments. These discussions are then reported to the Fund‘s Executive Board for its consideration. The goal, through thorough analysis, candid discussions, and a peer-review mechanism, is to promote the stability of members‘ economies, as well as the effective operation of the international monetary system, including through maintaining global stability.
Download or read book Central Bank Policy written by Perry Warjiyo and published by Emerald Group Publishing. This book was released on 2019-07-25 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central Bank Policy: Theory and Practice analyses various policies, theories and practices adopted by central banks, as well as the institutional arrangements underlying the principles of good governance in policy-making. It is the first book to comprehensively discuss the latest theories and practices of central bank policy.
Download or read book Reviews of the Fund s Sovereign ARREARS Policies and Perimeter written by International Monetary and published by International Monetary Fund. This book was released on 2022-05-23 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper undertakes a comprehensive review of the Fund’s sovereign arrears policies. Staff assesses that the Fund’s Lending into Arrears to Private Creditors (LIA) policy (established in 1989 and last reviewed in 2002) remains broadly appropriate, while recommending some improvements given the experience gained over the last 20 years. Staff also sees merit in codifying the existing practice guiding the Fund in preemptive debt restructurings into a Fund policy, together with an amendment focusing on debt transparency. Given limited experience with the application of the LIOA policy (established in 2015), staff does not propose any amendments but only one restatement confirming current practice. Given recent developments in the international creditor community, staff proposes refining the Fund’s arrears policies with respect to multilateral creditors. Finally, recent developments raise questions about the perimeter between official bilateral and private claims, with significant implications for the Fund’s arrears policies.
Download or read book Development Committee written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2024-05-17 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has been resilient and appears headed for a soft landing. Inflation continues to recede and risks have become more balanced globally. Nonetheless, medium-term growth prospects remain at the lowest level in decades and a smooth completion of the disinflation process should not be taken for granted. While the outlook for low-income developing countries (LIDCs) is improving, risks are tilted to the downside. The pace of convergence toward higher living standards has slowed, making it increasingly challenging to achieve the Sustainable Development Goals (SDGs). In the last mile of disinflation, central banks should ensure that inflation moves durably to target: they should neither ease policies prematurely nor delay too long and risk causing target undershoot. Fiscal policies need to rebuild budgetary room and ensure debt sustainability. Fostering faster productivity growth and facilitating the green transition are keys to improving long-term growth prospects. Multilateral cooperation is key to enhancing the resilience of the global economy in a more shock-prone world.
