Strengthening IMF-World Bank Collaboration on Country Programs and Conditionality--Progress Report

Public Information Notice: IMF Reviews Progress on Strengthening IMF-World Bank Collaboration on Country Programs and Conditionality

Strengthening IMF-World Bank Collaboration on Country Programs and Conditionality—Progress Report

Prepared by PDR (IMF) and OPCS and PREM (World Bank)
August 19, 2002

Contents

I.	Introduction

II.	Key Elements of the Collaboration Process
	A..	Overview
	B..	Approach to Collaboration
	C..	Staff Guidelines

III.	Assessment of Current Bank-Fund Staff Collaboration
	A.	Coherence of Policy Advice and Clarity of Roles
	B.	Coverage and Consistency of Conditionality
	C.	Factors Supporting or Impeding Effective Collaboration
	D.	Prospects for Improved Collaboration

IV.	Communication of Staff Views to the Boards

V.	Conclusions and Issues for Discussion

Box 1. Areas of Intensified Bank-Fund Collaboration

Figures
1	Shared Perspective on Country Reforms
2	Clarity of Roles and Responsibilities
3	Involvement in Other Institution's Program Design and Conditionality
4	Perceptions about Program Supported by the Other Institution
5	Factors Contributing to or Impeding Effective Collaboration

Annex I. Operationalizing Bank-Fund Collaboration in Country Programs and Conditionality, Staff Guidance Note, April 2002

Annex II. Survey Questionnaire on Bank-Fund Collaboration