Bilateral Surveillance Guidance Note
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This note provides guidance to staff on the conduct of bilateral surveillance, a core activity of the Fund. Surveillance involves the continuous monitoring of members’ economic and financial policies, and regular Article IV consultations. During these consultations, staff holds pointed discussions with country authorities on the economic situation, the authorities’ policies, and desirable policy adjustments. These discussions are then reported to the Fund’s Executive Board for its consideration. The goal is, through thorough analysis, candid discussions, and a peer-review mechanism, to promote the domestic and external stability of members’ economies and thereby the stability of the international monetary system as a whole.
Series:
Policy Papers
Subject:
Article IV consultations Consultations with members Exchange rate policy surveillance Exchange rates Financial sector Monetary policy Monetary unions Spillovers Standards and codes
English
Publication Date:
December 22, 2010
Format:
Paper
Please address any questions about this title to publications@imf.org