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You are looking at 1 - 7 of 7 items for :

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Cover Policy Papers
Gender Diversity In The Executive Board—Report Of The Executive Board To The Board Of Governors
International Monetary Fund
While there are ample reasons for discussing gender diversity in good times, there is an even greater need in bad times. At the time of this report, the economic and social consequences of the Covid-19 pandemic, as well as the negative spillovers and higher inflation following Russia’s war in Ukraine, have exacerbated pre-existing gender gaps, disproportionately affecting women’s jobs, incomes, and security. The stall in progress towards gender parity has resulted in a call for further action to reduce gender inequality, as seen in the Strategy for Mainstreaming Gender at the Fund. The integration of gender in the Fund’s core activities, when macro-critical, recognizes the fact that reducing gender disparities results in higher economic growth, greater economic stability and resilience, and lower income inequality.
Keywords:
IMF's transparency policy; OED Advisor OEDGR; working environment; IMFC chair; Advisor position; World Bank staff; Gender diversity; Women; Global
Cover Policy Papers
Front Matter
International Monetary Fund. Strategy, Policy, & Review Department

PRESS RELEASE

Keywords:
policy advice; IMF's efficiency; gender disparity; IMF Regional Technical Assistance Centers; Gender inequality; Gender diversity; Women; South Asia; Caribbean; Global
Cover Policy Papers
IMF Strategy Toward Mainstreaming Gender
International Monetary Fund. Strategy, Policy, & Review Department

1. Reducing gender disparities in opportunities, outcomes, and decision-making roles raises economic growth and enhances macro-financial stability. There is growing evidence that a country’s economic growth rises with greater participation of women in the labor force. This happens when women face fewer legal barriers, participate more fully in the formal economy, and have more equal access to education, finance, infrastructure, assets, and technology. Closing these gender gaps can also help lower income inequality and increase economic diversification, which in turn contribute to economic growth and macroeconomic resilience.

Keywords:
IMF country team; policy advice; IMF engagement; IMF Data Standards Initiatives; IMF gender modeling work; Gender inequality; Gender diversity; Women; Global; research project
Cover Policy Papers
IMF Strategy Toward Mainstreaming Gender
International Monetary Fund. Strategy, Policy, & Review Department
On July 22, 2022, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s first Strategy toward Mainstreaming Gender into the IMF’s core activities. Mainstreaming gender at the IMF starts with the recognition that reducing gender disparities goes hand-in-hand with higher economic growth, greater economic stability and resilience, and lower income inequality. At the same time, economic and financial policies can exacerbate or narrow gender disparities. Well-designed macroeconomic, structural, and financial policies can support efficient and inclusive outcomes and equitably benefit women, girls, and the society in general. The strategy lays out how the IMF can help its member countries address gender disparities in the context of carrying out its core functions—surveillance, lending, and capacity development. The strategy comprises four key pillars: first, gender-disaggregated data collection and development of modeling tools to enable staff to conduct policy analysis; second, a robust governance framework for an evenhanded approach across members based on the macro-criticality of gender; third, strengthening collaboration with external partners to benefit from knowledge sharing and peer learning, leverage complementarities, and maximize the impact on the ground; and fourth, the efficient use of resources allocated to gender by putting in place a central unit for realizing scale economies and supporting country teams.
Keywords:
policy advice; policy analysis; gender policy objective; IMF report; IMF's mandate; policy priority; Gender inequality; Women; Gender diversity; Gender budgeting; Global; Middle East and Central Asia; Central Asia; Sub-Saharan Africa; East Asia
Cover IMF Working Papers
The Heavy Economic Toll of Gender-based Violence: Evidence from Sub-Saharan Africa
Rasmané Ouedraogo and Mr. David Stenzel
The COVID-19 pandemic and lockdowns have led to a rise in gender-based violence. In this paper, we explore the economic consequences of violence against women in sub-Saharan Africa using large demographic and health survey data collected pre-pandemic. Relying on a two-stage least square method to address endogeneity, we find that an increase in the share of women subject to violence by 1 percentage point can reduce economic activities (as proxied by nightlights) by up to 8 percent. This economic cost results from a significant drop in female employment. Our results also show that violence against women is more detrimental to economic development in countries without protective laws against domestic violence, in natural resource rich countries, in countries where women are deprived of decision-making power and during economic downturns. Beyond the moral imperative, the findings highlight the importance of combating violence against women from an economic standpoint, particularly by reinforcing laws against domestic violence and strengthening women’s decision-making power.
Keywords:
Gender-based violence; economic development; sub-Saharan Africa; evidence from Sub-Saharan Africa; effects of decision-making power; consequences of violence; effects of law; effects of natural resources; Women; Employment; Estimation techniques; Gender inequality; Sub-Saharan Africa
Cover Policy Papers
Gender Diversity in the Executive Board: Progress Report of the Executive Board to the Board of Governors
International Monetary Fund. Secretary's Department
Executive Directors underscore the importance of promoting gender diversity at the IMF’s Executive Board and the Offices of Executive Directors (OEDs). The Executive Board recognizes that a diversity of views contributes to stronger decision making and is committed to ongoing efforts to improve the gender profile of the Board and Offices of the Executive Directors. The Fund’s membership has also indicated that it places importance on this issue; the International Monetary and Financial Committee (IMFC) has consistently drawn attention in its communiqués to the importance of enhancing the gender diversity of the Executive Board.
Keywords:
IMF staff; outreach effort; World Bank staff; comparison IMF; Advisor position; chair of the WGGD; gender diversity profile; boards of the World Bank; Gender diversity; Women; Communications in revenue administration
Cover IMF Staff Country Reports
Mongolia: Staff Report for The 2012 Article IV Consultation and Third Post-Program Monitoring—Informational Annex
International Monetary Fund

Mongolia has made impressive progress in developing its economy over the past ten years. Medium-term prospects are promising as mining output is projected to expand by more than 20 percent per annum, on average, over the next five years. However, the prospects for sustained, rapid and inclusive non-mineral growth depend on the implementation of the stability-oriented fiscal framework that has been adopted in the aftermath of the 2008/09 balance of payments (BOP) crisis. This framework was designed to dampen volatility, mitigate risks to economic and financial stability, and strengthen long-term natural resource management. The expansionary fiscal policy of the past year is causing double-digit inflation and BOP pressures. Public spending needs to be reined in, in order not to risk undermining stability and growth prospects, and in view of Mongolia’s vulnerability to a downturn in commodities exports.

Keywords:
ISCR; CR; exchange rate; GDP; deficit; US$; reference rate; AsDB management; economic capacity; retail price index; auction system; Monetary statistics; Women; Multiple currency practices; Asia and Pacific; Global; oversight mechanism