{
  "title": "Implementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation Report of IMF Response to the Financial and Economic Crisis",
  "publication": "Policy Papers, December 7, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/implementation-plan-in-response-to-the-board-endorsed-recommendations-for-the-ieo-pp5013",
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  "summary": "This paper sets out Management’s response to the Independent Evaluation Office’s (IEO) evaluation of IMF Response to the Financial and Economic Crisis.",
  "sections": [
    {
      "heading": "Purpose and scope",
      "content": "- Sets out Management’s response to the Independent Evaluation Office’s (IEO) evaluation of IMF Response to the Financial and Economic Crisis.\n- Proposes specific actions focused on the three of the four IEO recommendations that received broad support from the Executive Board."
    },
    {
      "heading": "Board-endorsed recommendations addressed",
      "content": "- (i) ensuring that the IMF as a quota-based institution has sufficient resources to contribute to future crisis resolution;\n- (ii) developing guidelines for structuring engagements with other organizations;\n- (iii) consolidating and simplifying the current framework to identify and assess risks and vulnerabilities."
    },
    {
      "heading": "Implementation actions and linkages",
      "content": "- Some proposed actions are already underway as part of:\n  - the 2014 Triennial Surveillance Report (TSR) Action Plan;\n  - the FY2016–18 Medium-Term Budget;\n  - the ongoing efforts to ratify the 2010 Quota and Governance Reforms.\n- The paper explains how implementation will be monitored."
    },
    {
      "heading": "Key themes and policy implications",
      "content": "- Resource adequacy: focus on ensuring the IMF, as a quota-based institution, has sufficient resources to contribute to future crisis resolution.\n- Multilateral engagement: development of guidelines to structure engagements and collaborations with other organizations.\n- Risk framework reform: consolidation and simplification of the current framework used to identify and assess risks and vulnerabilities."
    },
    {
      "heading": "Metadata and publication",
      "content": "- Publication date: December 7, 2015\n- Format: Policy Paper (web landing page)\n- Related subjects: Collaboration with other international organizations; Corporate governance; Fifteenth General Review of Quotas; Financial crisis; Independent Evaluation Office; New Arrangements to Borrow; Risk management; Surveillance\n\nImplementation Plan in Response to the Board-Endorsed Recommendations for the IEO Evaluation Report of IMF Response to the Financial and Economic Crisis, December 7, 2015\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/implementation-plan-in-response-to-the-board-endorsed-recommendations-for-the-ieo-pp5013"
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    "Published: December 7, 2015",
    "Series: Policy Papers",
    "Sets out Management’s response to the Independent Evaluation Office’s (IEO) evaluation of IMF Response to the Financial and Economic Crisis.",
    "Proposes specific actions focused on the three of the four IEO recommendations that received broad support from the Executive Board.",
    "(i) ensuring that the IMF as a quota-based institution has sufficient resources to contribute to future crisis resolution;",
    "(ii) developing guidelines for structuring engagements with other organizations;",
    "(iii) consolidating and simplifying the current framework to identify and assess risks and vulnerabilities.",
    "Some proposed actions are already underway as part of:",
    "The paper explains how implementation will be monitored.",
    "Resource adequacy: focus on ensuring the IMF, as a quota-based institution, has sufficient resources to contribute to future crisis resolution.",
    "Multilateral engagement: development of guidelines to structure engagements and collaborations with other organizations.",
    "Risk framework reform: consolidation and simplification of the current framework used to identify and assess risks and vulnerabilities.",
    "Publication date: December 7, 2015",
    "Format: Policy Paper (web landing page)",
    "Related subjects: Collaboration with other international organizations; Corporate governance; Fifteenth General Review of Quotas; Financial crisis; Independent Evaluation Office; New Arrangements to Borrow; Risk management; Surveillance",
    "**Policy Paper**"
  ],
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