How Long to Read IMF Exchange Rate Policy Advice

By Louellen Stedman

How Long Does it Take to Read IMF Exchange Rate Policy Advice?

It takes the average reader and 58 minutes to read IMF Exchange Rate Policy Advice by Louellen Stedman

Assuming a reading speed of 250 words per minute. Learn more

Description

This report is the seventh in a series of evaluation updates by the Independent Evaluation Office of the IMF (IEO) that return to past IEO evaluations and assess the continuing relevance of their main conclusions. The report revisits the 2007 evaluation of IMF Exchange Rate Policy Advice, which found that the IMF was “not as effective as it needed to be” in fulfilling its responsibilities for exchange rate surveillance in the period 1999–2005. While acknowledging the inherent complexity of providing exchange rate policy advice, including the lack of professional consensus on many of the key issues, the evaluation observed serious weaknesses in the IMF’s work on key analytical issues and in its engagement with members. The update finds that the IMF has substantially overhauled its approach to exchange rate policy advice since 2007. Key steps taken include: adoption of a more comprehensive approach to exchange rate surveillance under the 2012 Integrated Surveillance Decision; development of enhanced analytical tools; a new institutional view on capital flows; and introduction of the annual External Sector Report that provides an integrated picture of the external balances of major economies. The IMF continues to work on further enhancements of its approach. Nonetheless, the update concludes that challenges remain that impact the effectiveness of the IMF’s work in an area central to its mandate. The approach for assessing external balances and exchange rates continues to be contentious, in part reflecting differing views across the membership about the process of external adjustment. There are also ongoing questions in other areas, including considerations for exchange rate regime choice, attention to policy spillovers, the institutional view on capital flows, and data availability. The update suggests that the persistence of key issues identified in 2007 merits a full evaluation by the IEO.

How long is IMF Exchange Rate Policy Advice?

IMF Exchange Rate Policy Advice by Louellen Stedman is 57 pages long, and a total of 14,649 words.

This makes it 19% the length of the average book. It also has 18% more words than the average book.

How Long Does it Take to Read IMF Exchange Rate Policy Advice Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 20 minutes to read IMF Exchange Rate Policy Advice aloud.

What Reading Level is IMF Exchange Rate Policy Advice?

IMF Exchange Rate Policy Advice is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy IMF Exchange Rate Policy Advice?

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