The Managing Director's Report on Implementing the Fund's Medium-Term Strategy

Policy Papers, April 5, 2006

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The Managing Director's Report on Implementing the Fund's Medium-Term Strategy

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Bibliographic details

• Published: April 5, 2006
• Series: Policy Papers

Summary and context

• In September, 2005, the Fund published its Medium-Term Strategy to consider the Fund’s future direction in light of the economic transformation wrought by 21st century globalization.
• The strategy identified the emergence of new economic powers, integrated financial markets, unprecedented capital flows, and new ideas to promote economic development as factors requiring an updated interpretation of the Fund’s mandate as the steward of international financial cooperation and stability.
• Without new focus and carefully chosen priorities, the institution risked being pulled in too many directions and losing its relevance to large parts of the membership.
• Publication date on the landing page: April 5, 2006.
• Citation line on the page: The Managing Director's Report on Implementing the Fund's Medium-Term Strategy, (USA: International Monetary Fund, 0) accessed 9/19/2026.

Key conclusions and implications

• The Fund needs an updated interpretation of its mandate to remain effective given:
  • the emergence of new economic powers;
  • integrated financial markets;
  • unprecedented capital flows;
  • new ideas to promote economic development.
• The absence of new focus and carefully chosen priorities could cause the institution to be pulled in too many directions and lose relevance for large parts of the membership.

Scope and subjects covered

• Subject tags listed on the page:
  • Budgets
  • Debt relief
  • Emerging markets
  • Exchange rate policy surveillance
  • Executive Board
  • Fund role
  • Governance
  • Low income developing countries
  • Managing Director reports
  • Millennium Development Goals
  • Missions
  • Reports to International Monetary and Financial Committee

Additional page elements (as presented)

• The eLibrary is presented as offering over 25,000 IMF publications in multiple formats.
• The page includes links/prompts for:
  • Policy Papers
  • Visit the IMF eLibrary
  • IMF Publications Newsletter (Subscribe)

The Managing Director's Report on Implementing the Fund's Medium-Term Strategy — canonical URL: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/the-managing-director-s-report-on-implementing-the-fund-s-medium-term-strategy-pp548