## Evenhandedness of Fund Surveillance - Principles and Mechanism for Addressing Concerns

_Policy Papers, January 27, 2016_

## Source details

**Canonical URL:** [Evenhandedness of Fund Surveillance - Principles and Mechanism for Addressing Concerns](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/evenhandedness-of-fund-surveillance-principles-and-mechanism-for-addressing-concerns-pp5021)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/evenhandedness-of-fund-surveillance-principles-and-mechanism-for-addressing-concerns-pp5021/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/evenhandedness-of-fund-surveillance-principles-and-mechanism-for-addressing-concerns-pp5021/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/evenhandedness-of-fund-surveillance-principles-and-mechanism-for-addressing-concerns-pp5021/bundle-manifest.json)

## Bibliographic details
- Published: January 27, 2016
- Series: Policy Papers
- Stock No: ISBN

---

### Summary
- Evenhandedness of the Fund’s analysis and advice is critical to the effectiveness of its engagement with member countries.
- Both actual and perceived lack of evenhandedness can be detrimental to the Fund’s credibility and legitimacy.
- Perceptions of evenhandedness often reflect views about the full range of Fund activities, with Fund surveillance an important contributor to perceptions.
- The consistency of the Fund’s analysis and advice will likely be scrutinized more closely in an interconnected world.

### Importance of Evenhandedness
- Evenhandedness underpins the Fund’s credibility and legitimacy in engagements with member countries.
- Perceptions (not only reality) of uneven treatment can harm the Fund’s effectiveness.

### Role of Fund Surveillance
- Fund surveillance is a key contributor to member and public perceptions of evenhandedness.
- Consistency in analysis and advice across bilateral and multilateral surveillance is central to maintaining perceived evenhandedness.

### Implications and Risks
- Both actual and perceived lack of evenhandedness pose risks to:
  - The Fund’s credibility.
  - The Fund’s legitimacy.
  - The effectiveness of engagement with member countries.
- An interconnected world increases scrutiny of the consistency of the Fund’s analysis and advice.

*Published January 27, 2016 — Evenhandedness of the Fund Surveillance - Principles and Mechanism for Addressing Concerns*

---

## Content in this bundle

- **_012716 - Executive Summary**
  - [_012716 - Executive Summary (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2016/_012716.pdf.md){rel="alternate" type="text/markdown"}
  - [_012716 - Executive Summary (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2016/_012716.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/evenhandedness-of-fund-surveillance-principles-and-mechanism-for-addressing-concerns-pp5021_