Review of the Fund’s Capacity Development Strategy—Towards a More Flexible, Integrated, and Tailored Model

Capacity Development (CD), comprising technical assistance and training, fosters economic development by improving human capital and institutions in member countries. Every five years, the IMF reviews its CD Strategy to ensure that CD continues to be of high quality and well-focused on the needs of...

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Bibliographic Details
Corporate Author: International Monetary Fund Institute for Capacity Development
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2024
Series:Policy Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Environmental Economics 
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653 |a Natural Disasters and Their Management 
653 |a Public finance & taxation 
653 |a Revenue mobilization 
653 |a Technology 
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653 |a Fiscal Policy 
653 |a Climate change 
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653 |a Diffusion Processes 
653 |a Fiscal policy 
653 |a International economics 
653 |a Political economy 
653 |a National Government Expenditures and Related Policies: General 
653 |a Comparative advantage; International trade 
653 |a International trade 
653 |a Global Warming 
653 |a Artificial intelligence 
653 |a Macroeconomics 
653 |a Monetary policy 
653 |a Comparative advantage 
653 |a Monetary Policy 
653 |a Public Finance 
653 |a Money and Monetary Policy 
653 |a Neoclassical Models of Trade 
653 |a Climatic changes 
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520 |a Capacity Development (CD), comprising technical assistance and training, fosters economic development by improving human capital and institutions in member countries. Every five years, the IMF reviews its CD Strategy to ensure that CD continues to be of high quality and well-focused on the needs of its members. This review calls for CD to become more flexible, integrated with the Fund’s policy advice and lending, and tailored to respond to member needs. The review benefitted from the recent independent evaluation of the Fund’s CD and a wide range of inputs, including internal and external consultations, surveys of recipients and development partners, staff background studies and recommendations of an External Advisory Group. The vision for CD is informed by the Fund’s comparative advantages and surveillance priorities. The proposals of the current review center around the six key areas: (1) strengthening CD prioritization and integration; (2) enhancing the funding model; (3) strengthening monitoring and evaluation; (4) modernizing modalities; (5) enhancing field presence; and (5) strengthening human resources policies for staff working on CD.