IMF surveillance improved
The International Monetary Fund's (IMF) country surveillance improvements are effective, posits a new paper from the Bank of Canada.
The research investigates the impact of the 2007 reform, 2007 Decision on Bilateral Surveillance Over Members' Policies, on the quality of IMF Country Reports. The IMF reform stressed the importance of the collaborative nature of surveillance, the importance of dialogue and persuasion, and the need for honesty and even-handedness. It also emphasised the need to
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