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Independent Evaluation Office - IEO Publications

September 2006
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 2005-06

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

Full text in PDF Format: English (490 KB)

Abbreviations and Acronyms (12 kb pdf file)
Message from the Director(14 kb pdf file)
I. Overview of Developments in Fiscal Years 2005 and 2006 (39 kb pdf file)
  A. Evaluating the Evaluators: Messages from the External Evaluation of IEO
  B. Developments in FY2005–06
II. Evaluation Projects Undertaken in FY2005–06 (112 kb pdf file)
  A. IMF Technical Assistance
  B. The IMF's Approach to Capital Account Liberalization
  C. IMF Support to Jordan, 1989–2004
  D. Financial Sector Assessment Program
  E. Multilateral Surveillance
III. Status of Ongoing Projects (39 kb pdf file)
  A. Structural Conditionality in IMF-Supported Programs
  B. The Role of the IMF in Determining the External Financing Envelope in Sub-Saharan African Countries
  C. The IMF's Advice on Exchange Rate Policy
IV. Looking Ahead: The IEO Work Program and Future Menu of Topics (39 kb pdf file)
  A. Aspects of IMF Corporate Governance—Including the Role of the Board
  B. The IMF's Interactions with its Member Countries
  C. The IMF's Research Agenda
  D. The IMF's Approach to International Trade Issues
Box (26 kb pdf file)
  2.1. The Main Outputs of IMF Multilateral Surveillance
Tables (21 kb pdf file)
  1.1. Completed and Ongoing IEO Work Programs
  3.1. Sample Countries for the Evaluation
Appendices (180 kb pdf file)
  I. Objectives and Modes of Operation of the IEO
  II. Revised Administrative Budget: Independent Evaluation Office
  III. IEO Outreach Seminars and Workshops in 2005–06
  IV. Terms of Reference for the External Evaluators of IEO
  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. Evaluation of 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
  X. Evaluation of IMF Technical Assistance
  XI. Evaluation of the IMF's Approach to Capital Account Liberalization
  XII. Evaluation of IMF Support to Jordan 1989–2004: Recommendations, Board Response, and Subsequent Follow-Up
  XIII. Evaluation of Financial Sector Assessment Program: Recommendations, Board Response, and Subsequent Follow-Up
  XIV. Evaluation of IMF's Multilateral Surveillance: Recommendations, Board Response, and Subsequent Follow-Up