Report slams IMF over Article IV ‘formalistic rituals’


A report by the IMF's Independent Evaluation Office (IEO) has taken the Fund to task over "long-standing problem areas" in the way it interacts with member countries, despite finding that the IMF's overall image has improved in the aftermath of the financial crisis.

The report's criticisms centred around tensions between the IMF's surveillance and advisory roles. Emerging markets were especially disgruntled. "Almost half of the surveyed authorities in large emerging markets said that the IMF had

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: