Exchange Rate Analysis in Support of IMF Surveillance

Exchange Rate Analysis in Support of IMF Surveillance
Author :
Publisher : International Monetary Fund
Total Pages : 352
Release :
ISBN-10 : 9781589067288
ISBN-13 : 1589067282
Rating : 4/5 (88 Downloads)

Synopsis Exchange Rate Analysis in Support of IMF Surveillance by : Mr.Charalambos G. Tsangarides

Exchange rate analysis lies at the center of the IMF's surveillance mandate and policy advice, as well as in the design of IMF-supported programs, and IMF staff are called upon to analyze a wide variety of exchange rate issues in various member countries, both small and large, from the least economically developed to the most advanced, and from those whose currencies circulate only locally to those whose currencies are of global importance. Each year, IMF staff produce dozens of studies on exchange rate issues, some published by the IMF, others in various professional journals or books. This book aims to give a flavor of the topics the IMF staff typically examine under the broad rubric of exchange rate analysis, encompassing several topics: determination and impact of the real exchange rate, assessing competitiveness and the equilibrium real exchange rate in specific countries or country groups, and considerations in the choice of exchange rate regime.

International Monetary Fund Annual Report 2021

International Monetary Fund Annual Report 2021
Author :
Publisher : International Monetary Fund
Total Pages : 74
Release :
ISBN-10 : 9781513568812
ISBN-13 : 1513568817
Rating : 4/5 (12 Downloads)

Synopsis International Monetary Fund Annual Report 2021 by : International Monetary Fund. Secretary's Department

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.

Approaches to Exchange Rate Policy

Approaches to Exchange Rate Policy
Author :
Publisher : International Monetary Fund
Total Pages : 316
Release :
ISBN-10 : 1557753644
ISBN-13 : 9781557753649
Rating : 4/5 (44 Downloads)

Synopsis Approaches to Exchange Rate Policy by : Mr.Richard C. Bart

External sector policies and exchange rate policy are central to a country's economic performance and to the IMF's surveillance functions. The papers in this book, edited by Richard Barth and Chorng-Huey Wong, were presented at a seminar on Exchange Rate Policy in Developing and Transition Economies held by the IMF Institute. They analyze choices of exchange rate regimes, issues affecting management of exchange regimes, and specific types of regimes, including case studies from the former Soviet Union, Africa, Asia, and Latin America.

Review of Data Provision to the Fund for Surveillance Purposes

Review of Data Provision to the Fund for Surveillance Purposes
Author :
Publisher : International Monetary Fund
Total Pages : 129
Release :
ISBN-10 : 9798400273407
ISBN-13 :
Rating : 4/5 (07 Downloads)

Synopsis Review of Data Provision to the Fund for Surveillance Purposes by : International Monetary Fund

Data provision by member countries is a key input into the IMF’s surveillance activities. The 2024 Review of Data Provision to the Fund for Surveillance Purposes took place against the backdrop of profound shifts in the global economy, highlighting the important need for adequate macroeconomic and financial data to inform analysis and policymaking. This Review achieved a substantial, but manageable, update to the overall envelope of data that members are required to provide to the Fund in the areas of public sector, foreign exchange intervention, and macrofinancial indicators. Addressing these data gaps will reduce blind spots and support even-handedness in Fund surveillance. The Review also introduced a more structured and transparent assessment of data adequacy for surveillance. This strengthened framework will facilitate policy dialogue with the authorities on data issues and improve prioritization of capacity development efforts. Finally, the Review confirmed the long-standing practice of not applying the remedial framework when members do not provide certain data categories that the Fund considers outdated.

Exchange Rate Assessments

Exchange Rate Assessments
Author :
Publisher :
Total Pages : 38
Release :
ISBN-10 : OCLC:815750317
ISBN-13 :
Rating : 4/5 (17 Downloads)

Synopsis Exchange Rate Assessments by : Luca Antonio Ricci

The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on multilateral surveillance, macro-financial linkages, and the implications of globalization. The IMF's Consultative Group on Exchange Rate Issues (CGER)--formed in the mid-1990s to provide exchange rate assessments for a number of advanced economies from a multilateral perspective--has therefore broadened its mandate to cover both key advanced economies and major emerging market economies. This Occasional Paper summarizes the methodologies that underpin the expanded analysis.

Guidance Note for Surveillance Under Article IV Consultations

Guidance Note for Surveillance Under Article IV Consultations
Author :
Publisher : International Monetary Fund
Total Pages : 57
Release :
ISBN-10 : 9781498344845
ISBN-13 : 1498344844
Rating : 4/5 (45 Downloads)

Synopsis Guidance Note for Surveillance Under Article IV Consultations by : International Monetary Fund

This note provides country teams with guidance on bilateral and multilateral surveillance in the context of Article IV consultations. It covers the following issues: Focus on stability. Stability is the organizing principle of surveillance. Article IV consultations should focus on the conduct of economic and financial policies pursued by members to promote present and prospective domestic and balance of payments stability, as well as global economic and financial stability. For the latter, Article IV consultations should discuss spillovers from members’ economic and financial policies that may significantly affect global stability, including alternative policy options that would minimize their adverse impact. Operational guidance. The note provides detailed guidance, suggestions and references in areas covered in surveillance including risks and spillovers, fiscal policy, macrofinancial and monetary policy, BOP stability, structural policies and data issues. Communication and Engagement. Effective two-way communication is key to surveillance, including with the authorities (to help staff’s advice get traction), the Executive Board (to support effective peer review), and the public and other stakeholders (to gain support for necessary policy adjustments). Surveillance messages need to be clear, concise, and focused. The Fund needs to be evenhanded, in line with the principle of uniformity of treatment, for surveillance to command the confidence of the membership. Process and formal requirements. A number of procedures, rules, and requirements are summarized in this note.

International Monetary Fund Annual Report 2019 Financial Statements

International Monetary Fund Annual Report 2019 Financial Statements
Author :
Publisher : International Monetary Fund
Total Pages : 122
Release :
ISBN-10 : 9781513511726
ISBN-13 : 1513511726
Rating : 4/5 (26 Downloads)

Synopsis International Monetary Fund Annual Report 2019 Financial Statements by : International Monetary Fund

The audited consolidated financial statements of the International Monetary Fund as of April 30, 2019 and 2018

Exchange Rate Assessments

Exchange Rate Assessments
Author :
Publisher : International Monetary Fund
Total Pages : 34
Release :
ISBN-10 : 9781589066380
ISBN-13 : 1589066383
Rating : 4/5 (80 Downloads)

Synopsis Exchange Rate Assessments by : Mr.Jaewoo Lee

The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on multilateral surveillance, macro-financial linkages, and the implications of globalization. The IMF's Consultative Group on Exchange Rate Issues (CGER)--formed in the mid-1990s to provide exchange rate assessments for a number of advanced economies from a multilateral perspective--has therefore broadened its mandate to cover both key advanced economies and major emerging market economies. This Occasional Paper summarizes the methodologies that underpin the expanded analysis.

2011 Triennial Surveillance Review - External Study - An Evaluation of IMF Surveillance of the Euro Area

2011 Triennial Surveillance Review - External Study - An Evaluation of IMF Surveillance of the Euro Area
Author :
Publisher : International Monetary Fund
Total Pages : 31
Release :
ISBN-10 : 9781498338707
ISBN-13 : 1498338704
Rating : 4/5 (07 Downloads)

Synopsis 2011 Triennial Surveillance Review - External Study - An Evaluation of IMF Surveillance of the Euro Area by : International Monetary Fund

External Study prepared by Jean Pisani-Ferry, André Sapir, and Guntram B. Wolff: This report provides an independent evaluation of recent IMF surveillance in the euro area (EA). It focuses on the euro area as a whole and on four countries severely hit by the recent economic and financial crisis, namely Greece, Ireland, Portugal and Spain.