Independent Evaluation Office Reports

IMF Performance in the Run-Up to the Financial and Economic Crisis: IMF Surveillance in 2004-07

Publication Date:

August 24, 2011

Summary:

The report assesses IMF surveillance in the period leading up to the global financial and economic crisis and offers recommendations on how to strengthen the IMF's ability to discern risks and vulnerabilities in the future. Chapters discuss the unfolding of the crisis and IMF messages prior to the crisis, and analyze the complex factors that influenced the IMF's performance in the run-up to the crisis. A companion CD provides background papers not included in this report.

Series:

Independent Evaluation Office Reports

Subject:

Commercial banks Economic sectors Emerging and frontier financial markets Financial crises Financial institutions Financial markets Financial sector Financial sector policy and analysis Financial stability assessment