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Seminar by Hali J. Edison - Research at the IMF: Relevance and Utilization an IEO Evaluation
The seminar aims to create a comprehensive discussion among policymakers and academics on the Independent Evaluation Office (IEO).
The IEO examines the relevance and use of International Monetary Fund (IMF) research by member country authorities, IMF staff, and other stakeholders. It also analyzes its technical quality and management. The evaluation found that the vast body of research produced by the IMF includes high-quality products, many of which are widely read in member countries and play a significant role in policy making; this is particularly true for the world economic outlook and global financial stability report, and other publications. The evaluation identified a number of shortcomings. Of particular importance is the widespread perception that IMF research is message-driven. In addition, the evaluation found that the relevance of research suffered from a lack of consultation with authorities on research topics and insufficient country and institutional context. It also found insufficient quality control.
Hali Edison has been Lead Evaluator of the Independent Evaluation Office of the IMF since July 2009. She has held numerous professional appointments including the Board of Governors of the Federal Reserve, US Department of Treasury, and Norwegian Central Bank. She holds a Ph.D. in economics from the London School of Economics.
Policymakers, academics, and the general public.
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