Implementation Plan in Response To The Board-Endorsed Recommendations From The IEO Evaluation Report On IMF Collaboration With The World Bank On Macro-Structural Issues

October 12, 2021

Preview Citation

Format: Chicago

Implementation Plan in Response To The Board-Endorsed Recommendations From The IEO Evaluation Report On IMF Collaboration With The World Bank On Macro-Structural Issues, (USA: International Monetary Fund, 2021) accessed December 21, 2024

Summary

This Management Implementation Plan (MIP) focuses on further strengthening collaboration between the IMF and the World Bank on strategic macro-structural issues. In macro-structural areas, the Fund and the Bank have complementary roles. The Bank provides structural and development-focused assessments and recommendations, while the Fund focuses on integrating macro relevant structural issues in the macroeconomic frameworks and policies. In some areas, including financial sector and public debt sustainability assessments, Bank-Fund collaboration modalities are well established. In other areas, such as climate change, Fund staff is developing comprehensive strategies on how the IMF can step up its engagement and collaboration with external partners, including with the World Bank, to better serve its membership. This MIP proposes concrete steps aimed at further enhancing: • Bank-Fund collaboration on strategic macro-structural issues, with an initial focus on the climate workstream; • Fund staff’s incentives for collaboration with external partners, including the Bank • Access to and exchange of information and knowledge between Bank and Fund staff.

Subject: Climate change, Climate finance, Environment, Monetary policy, Political economy

Keywords: Bank-Fund collaboration, Board paper, Climate change, Climate change, Climate finance, Climate strategy, Fund staff, Global, IMF surveillance, Macro-structural policies, Structural reforms, Transparency policy

Publication Details

Pages:

23
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2021/064
Stock No:

PPEA2021064
ISBN:

9781513598215
ISSN:

2663-3493

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