International Reserves: IMF Concerns and Country Perspectives

Full Text of the Main Report

Foreword
1. Introduction
2. Evaluation Framework
3. Reserves and the Stability of the International Monetary System
4. Reserve Adequacy Assessments: Theory and Practice
5. Conclusions and Recommendations
Statement by the Managing Director on the IEO Evaluation
Staff Response to the IEO Evaluation
IEO Response to the Statement by the Managing Director and Staff Response
Summing Up of the Executive Board Discussion
1. Countries and Economies in the Evaluation Sample
2. IMF Initiatives on Data on International Reserves and International Liquidity
3. Sovereign Wealth Funds
1. Research on the Demand for International Reserves: Developments in Academia, the Contribution of IMF Researchers, and Influence on IMF Surveillance
Series Number: BP/12/01
Authors: Joshua Aizenman and Hans Genberg
2. IMF Bilateral Surveillance on Reserves
Series Number: BP/12/02
Authors: Angana Banerji and Andrew Martinez
3. Reserve Accumulation and Global Financial Stability: A Critical Assessment of IMF Concerns
Series Number: BP/12/03
Author: Sanjay Dhar
IEO Releases Report on International Reserves: IMF Concerns and Country Perspectives
Implementation Plan in Response to Board-Endorsed Recommendations for the IEO Evaluation of International Reserves--IMF Concerns and Country Perspectives