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Independent Evaluation Office - IEO Publications

September 17, 2003
The IEO provides objective and independent evaluation on issues related to the IMF. The Office operates independently of IMF management and at arm's length from the IMF's Executive Board.

Independent Evaluation Office Annual Report 2003

The IEO welcomes your feedback to the Annual Report.
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Full text in PDF Format: English (420 KB)

Cover (25 kb pdf file)
Message from the Director (53 kb pdf file)
Abbreviations (26 kb pdf file)
I. The Independent Evaluation Office: Objectives and Modes of Operation (63 kb pdf file)
  A. Historical Background
  B. Purpose of the IEO
  C. Independence
  D. Budget and Staffing
  E. The IEO Work Program
  F. Transparency and Accountability
  G. Outreach Activities
  H. Relations with Other Evaluation Offices
II. Evaluation Projects Undertaken in FY 2002-03 (114 kb pdf file)
  A. Prolonged Use of IMF Resources
  B. The Role of the IMF in Recent Capital Account Crises
  C. The Role of Fiscal Adjustment in IMF-Supported Programs
III. Status of Ongoing Projects (59 kb pdf file)
  A. Evaluation of Poverty Reduction Strategy Papers (PRSP) and the Poverty Reduction and Growth Facility (PRGF)
  B. The Role of the IMF in Argentina, 1991-2002
  C. Technical Assistance by the IMF
IV. Some Reflections (46 kb pdf file)
  A. Surveillance
  B. Program Design and Uncertainty
  C. Conditionality and Ownership
  D. Selection Bias
Box (37 kb pdf file)
Core Set of Topics for IEO's Medium-Term Program
Figures (51 kb pdf file)
Figure 1: Prolonged Use Is on the Rise
Figure 2: Schematic Logical Framework of the Evaluation
Table (40 kb pdf file)
Most Prolonged Users During 1971-2000
Appendices (105 kb pdf file)
I. Terms of Reference of the IEO
II. Budget of the Independent Evaluation Office for FY 2003 and FY 2004
III. Initial Broad Menu of Potential Topics for Evaluation by IEO
IV. List of IEO Outreach Seminars
V. Evaluation of Prolonged Use of IMF Resources: Recommendations, Board Response, and Subsequent Follow-Up
VI. Evaluation of the Role of the IMF in Recent Capital Account Crises: Recommendations and Executive Board Response
VII. IEO Evaluation on the Fiscal Adjustment in IMF-Supported Programs