Last Updated: November 11, 2008

Refocusing the IMF

Jacobsson panel: (l to r) Andrew Crockett, Jean Pisani-Ferry, Raghuram Rajan, Trevor Manuel: How should IMF be reformed to take on new role? (IMF photo)

Future Role of IMF Debated As Financial Crisis Takes Toll: Amid hectic meetings of world leaders trying to stem the collapse of the financial system, leading economists and politicians are debating the IMF's future role and governance in a reformed financial order.

Opinion

IMF back in business as Bretton Woods II conference announced

October 23, 2008
The International Monetary Fund (IMF) has started lending again. Its clients so far include three European countries - Iceland, Ukraine and Belarus - and also Pakistan. The policy conditions on recipients appear to be lighter than the Fund's normal practice.

Eurodad

Policy Reform

Policy Paper: Review of the Fund's Financing Role in Member Countries
October 9, 2008

Statement: IMF Adopts New Surveillance Priorities for 2008-0211

Statement: The Role of the IMF in Low-Income Countries
September 19, 2008

Governance

Managing Director Strauss-Kahn Appoints Committee on IMF Governance Reform

September 4, 2008
Trevor Manuel will chair a committee that will assess the adequacy of the Fund's current framework for decision making.

Report of the Executive Board Working Group on IMF Corporate Governance

July 31, 2008
The IEO Report on the Evaluation of Aspects of IMF Corporate Governance makes a number of recommendations that demand active follow-up on the part of Governors, the Board and Management.

Quota and Voice Overview

June 13, 2008
The Board of Governors of the IMF has adopted far-reaching reforms of the institution's governance structure.

Spotlight

Boutros-Ghali Is First IMFC Head from Emerging Markets

October 6, 2008
Egyptian Finance Minister Youssef Boutros-Ghali has been selected as the new Chairman of the International Monetary and Financial Committee, which sets the IMF's political direction and overall policy priorities.

Research and Publications

2008 Annual Report by the IMF's Independent Evaluation Office

October 1, 2008
Established in July 2001, the Independent Evaluation Office provides objective and independent evaluation on issues related to the IMF.

Governance of the IMF: An Evaluation

May 28, 2008
Effectiveness has been the strongest aspect of Fund governance, allowing fast and consistent action particularly in times of systemic crisis. But accountability and voice have been its weakest aspects, which if left unaddressed would likely undermine effectiveness over the medium term.

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