International Reserves: IMF Concerns and Country Perspectives

International Reserves: IMF Concerns and Country Perspectives

Reserves_2012_Cover_Web

Full Report

Full Text of the Main Report

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Executive Summary

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I. Introduction

II. Evaluation Framework

III. Reserves and the Stability of the International Monetary System

IV. Reserve Adequacy Assessments: Theory and Practice

V. Conclusions and Recommendations

VII. Abbreviations and References

Statement by the Managing Director on the IEO Evaluation

Staff Response to the IEO Evaluation

IEO Comments on Management and Staff Responses

Acting Chair's Summing Up of the Executive Board Discussion

Background Papers

I. 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

II. IMF Bilateral Surveillance on Reserves

Series Number: BP/12/02
Authors: Angana Banerji and Andrew Martinez

III. Reserve Accumulation and Global Financial Stability: A Critical Assessment of IMF Concerns

Series Number: BP/12/03
Author: Sanjay Dhar

Press Release

IEO releases report on International Reserves: IMF Concerns and Country Perspectives