Implementation Plan in Response to the Board-Endorsed Recommendations from the IEO Evaluation Report on IMF Advice on Unconventional Monetary Policies

May 22, 2020

Summary

This Management Implementation Plan was prepared before COVID-19 became a global pandemic and resulted in unprecedented strains in global trade, commodity and financial markets. The actions in the plan and their timeline, therefore, do not reflect the implications of these developments and related policy priorities. This MIP includes a package of self-reinforcing actions that aim to: • Strengthen in-house expertise on monetary policy • Deepen the work on UMP and related policies • Further strengthen financial spillover analysis • Explore ways to enhance the Fund’s traction

Subject: Balance of payments, Capital flows, Financial sector policy and analysis, Macroprudential policy, Monetary policy, Spillovers, Unconventional monetary policies

Keywords: Capital flows, framework review, Fund, Fund monetary policy advice, Global, interest rate, Macroprudential policy, monetary policy, monetary policy expertise, monetary policy issue, monetary policy strategy, monetary policy topic, monetary policy transmission, policy, policy track records, PP, Spillovers, Unconventional monetary policies, work plan, work program

Pages:
15
Volume:
2020
DOI:
https://doi.org/10.5089/9781513545424.007
Issue:
029
Series:
Policy Paper No. 2020/029
Stock No:
PPEA2020029
ISBN:
9781513545424
ISSN:
2663-3493

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