Bretton Woods Project - Critical voices on the World Bank and IMF

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IEO—Independent Evaluation Office

The Independent Evaluation Office (IEO) was established to conduct objective and independent evaluations on issues, on the basis of relevance to the mandate of the IMF. The IEO also aims to promote greater understanding of the Fund's work throughout the membership. While the executive director is appointed by the Fund's board, the IEO is supposed to be independent of the IMF's management and staff. The IEO, which was established in 2001, has thirteen staff including the director, currently Mr. Thomas A. Bernes. read more...

Items 1 to 9 of 41

World Bank-IMF spring meetings 2008

News|Bretton Woods Project|15 April 2008|url

At this year's spring meetings, the World Bank faced increasing opposition to its plans to tackle climate change, while the IMF was forced to admit that the lack of democracy in its governance is probably why it missed the boat on the credit crisis. read article...

Fund trade advice in the crosshairs

News|Bretton Woods Project|1 April 2008|update 60|url

The Independent Evaluation Office released the draft issues paper for its planned evaluation of the IMF’s trade policy advice. read article...

IMF conditionality high, effectiveness low

News|Bretton Woods Project|1 February 2008|update 59|url

A report by the IMF’s evaluation arm faulted the Fund’s overuse of structural conditionality and partially blamed donors for the problem, but civil society critics of conditionality are not satisfied with the scope of the report or the changes accepted by the Fund. read article...

Ungovernable debate over Fund governance reform

News|Bretton Woods Project|4 December 2007|update 58|url

With the wait for new leadership at the IMF over and the deadline for a deal on quota reform looming, the hard bargaining over power at the Fund will now begin. Still no end to European dominance of the institution is in site. read article...

World Bank-IMF annual meetings 2007

News|Bretton Woods Project|22 October 2007|url

At this year's annual meetings, both the World Bank and the IMF faced serious challenges to their continued relevance and legitimacy. Observers were keen to see the tone that new heads Robert Zoellick and Dominique Strauss-Kahn would set for the institutions. read article...

Heated exchanges over exchange rates IMF decides on surveillance reform

News|Bretton Woods Project|2 July 2007|update 56|url

The IMF executive board agreed to revise the legal framework for bilateral surveillance in June with the final text incorporating many of the safeguards demanded by developing countries but still angering the Chinese. read article...

IEO Evaluation of the IMF and Aid to Sub-Saharan Africa Civil society dialogue, spring meetings 2007 (12 April 2007)

Minutes|Bretton Woods Project|27 April 2007|url

Civil society dialogue, spring meetings 2007 (12 April 2007) on the IEO Evaluation of the IMF and Aid to Sub-Saharan Africa read article...

Evaluation finds that IMF misleads the public about its role in Africa

News|Bretton Woods Project|2 April 2007|update 55|url

A report released by the Independent Evaluation Office (IEO) of the IMF criticises the role of the IMF in managing aid inflows to Sub-Saharan Africa, but fails to address more fundamental questions about the Fund’s role in low-income countries. read article...

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