## The 2017 Joint Review of the Standards and Codes Initiative

## Source details

**Canonical URL:** [The 2017 Joint Review of the Standards and Codes Initiative](https://www.imf.org/en/publications/policy-papers/issues/2017/08/03/pp080317-the-2017-joint-review-of-the-standards-and-codes-initiative)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2017/08/03/pp080317-the-2017-joint-review-of-the-standards-and-codes-initiative/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2017/08/03/pp080317-the-2017-joint-review-of-the-standards-and-codes-initiative/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2017/08/03/pp080317-the-2017-joint-review-of-the-standards-and-codes-initiative/bundle-manifest.json)

## Bibliographic details
- Published: August 3, 2017

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### Background and Purpose
- The standards and codes (S&C) initiative was launched in the aftermath of the emerging market crises of the 1990s.
- The initiative aims to promote international standards and codes to improve economic and financial resilience.
- Primary mechanisms: assisting countries in strengthening their economic institutions and informing World Bank and IMF work.
- The review’s focus and scope are guided by the February 2017 paper.

### Summary of Prior Reviews and Issues Identified
- Four previous reviews confirmed a fairly high appreciation of the overall initiative.
- Persistent issues raised in prior reviews:
  - Questions about the initiative’s link to surveillance and capacity development efforts.
  - Weak uptake by market participants.
  - A need to improve traction with policy makers.

### Findings of the 2017 Review
- The review reaffirms country authorities’ appreciation for S&C work.
- Emphasis maintained on improving economic and financial resilience through standards and codes.

### Publication and Access Details
- Title: The 2017 Joint Review of the Standards and Codes Initiative
- Date on page: August 3, 2017
- Citation line includes: The 2017 Joint Review of the Standards and Codes Initiative, (USA: International Monetary Fund, ) accessed 9/19/2026
- The review is guided by the February 2017 paper (linked on the page).

*Source: The 2017 Joint Review of the Standards and Codes Initiative (IMF web landing page).*

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## Content in this bundle

- **Policy Paper**
  - [Policy Paper (Markdown version)](/-/media/files/publications/pp/2017/pp080317-the-2017-joint-review-of-the-standards-and-codes-initiative.pdf.md){rel="alternate" type="text/markdown"}
  - [Policy Paper (PDF)](/-/media/files/publications/pp/2017/pp080317-the-2017-joint-review-of-the-standards-and-codes-initiative.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2017/08/03/pp080317-the-2017-joint-review-of-the-standards-and-codes-initiative_