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IEO Evaluation of Exchange Rate Policy

International Monetary Fund




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 | #4441181 in eBooks |  2007-08-22 |  2007-08-22 | File type: PDF

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The IMF is charged by its Articles of Agreement and a 1977 Executive Board Decision to exercise surveillance over the international monetary system and members’ exchange rate policies. The overriding question addressed by this evaluation is whether, over the 1999–2005 period, the IMF fulfilled this core responsibility. The main finding is that the IMF was simply not as effective as it needs to be in both its analysis and advice and in its dialogue with member...

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