This report is IEO’s first assessment of self-evaluation at the IMF. It examines the outputs and activities conducted at the IMF in order to learn from experience and improve the quality of its work. The report is intended to help strengthen the IMF self-evaluation function and in this way…
The report examines the IMF's surveillance and lending activities following the Lehman collapse through 2013, while excluding programs in the euro area, which will be addressed in a separate IEO evaluation.
This report focuses on IMF macroeconomic forecasts in the context of bilateral and multilateral surveillance activities. It also identifies areas where action can be taken to enhance the credibility of the forecasting process and to ensure that high quality is maintained.