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Evaluating IMF Training: What Can We Learn?
The IMF provides training to its membership in its core areas of expertise mainly through its Institute for Capacity Development (ICD) or formerly the IMF Institute (INS). This paper looks at the methods that ICD used to evaluate this activity and analyzes the data collected over the period 2006–13. Since 2015, ICD has undertaken a review of its curriculum and revamped its courses and evaluations. Hence this paper provides a detailed analysis of the situation prior to the review.The study's novel feature is its attempt to distill information from all evaluation sources in one place. It also conducts analysis to explain the evaluation results using participant demographic information. An important message that emerges from the different surveys is that ICD’s training program is well liked. Notable differences in results surface when sorting evaluations results by course type or by geographic location, and whether evaluations were filled out by participants or by their sponsoring managers.
Training as Part of Capacity Building - Report on IMF Training During 2007
This Report provides statistical detail on IMF training for member country officials during calendar year 2007. Section I describes the distribution of training by provider, venue, and region. Section II presents information on the courses delivered through the INS program and the distribution of that training by curriculum area. Drawing on the recently integrated database on IMF training (Box 1), it also lists the courses that IMF departments and the regional technical assistance centers delivered outside the INS program.
Training as Part of Capacity Building - Recent Initiatives and Strategic Considerations
This paper focuses on the IMF’s training program as part of the Medium–Term Strategy (MTS) for capacity building in member countries.1 It updates Executive Directors on the current features of the program, reviews the efforts that have been made in recent years to strengthen the curriculum and to enhance value for money, and considers options for boosting external financing of training through charging and increased donor contributions. The paper also provides background for addressing the following issues: — Are the objectives of IMF training fully consistent with the broader objectives of the institution? And are these training objectives being met? — Is Fund training efficiently organized—i.e., is the current degree of decentralization sensible? — Are adequate evaluation and feedback mechanisms in place? —In the absence of market signals and with a large unsatisfied demand, how can we determine the “right” volume of training and how can we assess its worth?
Uganda
Uganda: Selected Issues
IMF Technical Assistance
This pamphlet focuses on the Technical Assistance Program of the International Monetary Fund (IMF). It is part of a series that aims to describe key aspects of the activities and policies of the IMF for the general public. Providing technical assistance to member countries particularly developing countries and countries in transition7is among the IMF's most important jobs. Yet this major component of our work is relatively unknown to the public at large. While the IMF's lending in support of policy programs in crisis countries captures the world's headlines, its technical assistance rarely does so, although it plays a vital role in laying foundations for stronger economies and for a better f...
The Power of Creative Destruction
Hayek Book Prize Finalist An Economist Best Book of the Year A Foreign Affairs Best Book of the Year From one of the world’s leading economists and his coauthors, a cutting-edge analysis of what drives economic growth and a blueprint for prosperity under capitalism. Crisis seems to follow crisis. Inequality is rising, growth is stagnant, the environment is suffering, and the COVID-19 pandemic has exposed every crack in the system. We hear more and more calls for radical change, even the overthrow of capitalism. But the answer to our problems is not revolution. The answer is to create a better capitalism by understanding and harnessing the power of creative destruction—innovation that dis...
How to Achieve Inclusive Growth
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered ...
The Millennium Development Goals, Capacity Building, and the Role of the IMF
The Millennium Development Goals (MDGs) represent a global commitment to improve economic and social conditions in low-income countries. Capacity building is key to promoting higher economic growth, which, in turn, is an important prerequisite for making progress toward the MDGs. This paper uses the UNDP's emerging framework for capacity building to show how the IMF supports capacity building at the individual, organizational, and the system level, thereby contributing to the efforts of countries to meeting the MDGs.
