This report evaluates the influence and value added of IMF advice on capital flows focusing on the period since the approval of the IV. Lessons from this evaluation are particularly germane as the global outlook for capital flows following the COVID-19 shock remains highly uncertain. Together…
This evaluation focused on Bank-Fund collaboration in the context of recent IMF pilot initiatives to enhance coverage of inequality, gender, energy/climate, and macro-structural reform in Article IV surveillance.
For the Independent Evaluation Group (IEG), fiscal year (FY)20 was a year of both internally and externally driven reform. IEG began the year with a mission to listen to the needs of our clients and stakeholders and improve our methods, relationships, and products to increase the relevance and…
In its most recent evaluation, IEG assesses how the World Bank Group convenes international partners to foster collective action on global issues. It finds that there is high demand for the Bank Group as a convener and examples of strong global contributions.
In the aftermath of the Global Financial Crisis, central banks in the largest advanced countries innovated aggressively to restart growth and combat persistent deflationary risks, while policymakers elsewhere were faced by spillovers from extremely easy global liquidity conditions. This report…
This evaluation assesses the Bank Group’s effectiveness and comparative advantage in fostering regional integration during FY2003–17 and draws lessons that can be used to inform future regional integration operations.