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Independent Evaluation Office - IEO Publications

April 15, 2005
The IEO provides objective and independent evaluation on issues related to the IMF. The Office operates independently of IMF management and at arm's length from the IMF's Executive Board.

Independent Evaluation Office Annual Report 2004

The IEO welcomes your feedback to the Annual Report.
Please e-mail comments to ieo@imf.org.

Full text in PDF Format: English (2,613 KB)

Cover (2,119 kb pdf file)
Abbreviations (53 kb pdf file)
Message from the Acting Director (313 kb pdf file)
I. The Independent Evaluation Office: Objectives and Modes of Operation (83 kb pdf file)
  A. Purpose of the IEO
  B. Independence
  C. Budget and Staffing
  D. The IEO Work Program and Future Menu of Topics
  E. Transparency and Accountability
  F. Outreach Activities, Opportunities for Feedbank, and Follow-Up
  G. Relations with Other Evaluation Offices
II. Evaluation Projects Undertaken in FY2003-04 (123 kb pdf file)
  A. Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility
  B. The Role of the IMF in Argentina, 1991–2001
  C. Technical Assistance Provided by the IMF
III. Status of Ongoing Projects (90 kb pdf file)
  A. The IMF's Approach to Capital Account Liberalization
  B. Financial Sector Assessment Program and Financial Sector Stability Assessments
  C. IMF Assistance to Jordan
  D. Structural Conditionality in IMF-Supported Programs
  E. Multilateral Surveillance
IV. Reflections on Some Overarching Issues (77 kb pdf file)
  A. Need for Greater Clarity about Intermediate Objectives
  B. Decision Making in the IMF
Figures (72 kb pdf file)
The FSAP's Framework
Tables (52 kb pdf file)
Completed and Ongoing IEO Work Programs
Appendices (162 kb pdf file)
I. Terms of Reference of the IEO
II. Budget of the Independent Evaluation Office for FY2004 and FY2005
III. Potential Candidate Topics for Future IEO Work Programs
IV. IEO Outreach Seminars and Workshops
V. Evaluation of Prolonged Use of IMF Resources: Recommendations, Board Response, and Subsequent Follow-Up
VI. Evaluation of the Role of the IMF in Recent Capital Account Crises: Recommendations,Board Response, and Subsequent Follow-Up
VII. IEO Evaluation on the Fiscal Adjustment in IMF-Supported Programs: Recommendations, Board Response, and Subsequent Follow-Up
VIII. Evaluation of Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility: Recommendations, Board Response, and Subsequent Follow-Up
IX. Evaluation of the Role of the IMF in Argentina, 1991–2001: Recommendations, Board Response, and Subsequent Follow-Up