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International Monetary Fund. External Relations Dept.

sterilize foreign exchange inflows. The use of open market operations has been made possible, in turn, by the development of nationwide foreign exchange and money markets. China’s monetary policy framework appears broadly appropriate at this stage of its economic and financial market development but, over time, its effectiveness may diminish as the economy’s sophistication increases. With this in mind, the PBC asked the IMF to organize a workshop in the context of the Joint China-IMF Training Program. The workshop, Determining the Intermediate Target for Monetary Policy

International Monetary Fund

supported by IMF technical assistance, including training. In 2000, the IMF and the People’s Bank of China established the Joint China-IMF Training Program to train officials involved in devising and implementing macroeconomic and financial policies and in compiling and analyzing statistics. The program includes several training events each year.

International Monetary Fund

Abstract

Ce guide présente l'assistance technique apportée par le FMI. La fourniture d'assistance technique aux pays membres, en particulier les pays en développement et les pays en transition, est au cœur du mandat du FMI. L'assistance technique, qui comporte des formations à destination du personnel des administrations publiques et des banques centrales, est l'un des avantages dont bénéficient les membres du FMI. Elle complète et renforce les autres principales formes d'assistance apportées par le FMI, à savoir la surveillance et le prêt. Le FMI dispense une assistance technique principalement dans ses domaines de compétence et de responsabilité : la politique budgétaire, la politique monétaire et les statistiques macroéconomiques et financières.

Mr. Rabah Arezki, Mr. Marc G Quintyn, and Mr. Frederik G Toscani

This paper investigates the role that International Monetary Fund (IMF) programs and capacity building play in fostering structural reforms. To do so, we exploit two novel datasets on IMF capacity building and structural reforms available for over one hundred IMF member countries over the period 1980 - 2010. The main results are threefold. First, there is a general association between IMF programs and structural reforms but this relationship is not very robust. Second, IMF training leads to an increase in structural reforms but only through IMF programs and only when a significant share of public servants is trained. Third, IMF technical assistance does not significantly lead to more structural reforms but raises the likelihood of completion of ongoing IMF programs. Our results are robust to a large number of checks, estimators and correcting for endogeneity.

International Monetary Fund

Abstract

An introductory guide to the IMF’s technical assistance. Providing technical assistance to member countries-particularly developing countries and countries in transition-is at the core of the IMF’s mission. Technical assistance, which includes training for government and central banks officials, is one of the benefits of IMFmembership. It complements and enhances the IMF's other key forms of assistance, i.e., surveillance and lending. The IMF provides technical assistance mainly in its areas of expertise and responsibility: fiscal policy, monetary policy, and macroeconomic and financial statistics.

International Monetary Fund

Abstract

This paper reports a brief description of the IMF and its activities, focusing in particular on its technical assistance activities. The report describes in detail the Japan Administered Account for Selected Fund Activities (JSA)—its objectives, size, scope and use, as well as assessments of its activities, with a focus on fiscal year 2004—and the scholarship programs that it finances. The IMF finances its technical assistance for its member countries mainly from its own budgetary resources; it also receives external financing from bilateral and multilateral partners. JSA resources can be used to cover the costs of short- and long-term technical assistance experts and those providing seminars and workshops. In addition, JSA projects in two or three countries are visited and reviewed each year by a joint Japan-IMF mission. These visits provide the Japanese authorities with a firsthand view of how JSA funding is being used in the field.

International Monetary Fund

Abstract

Technical assistance can improve lives in a variety of ways. In the next few pages we take a look at examples of how the IMF has helped governments build institutional capacity in Africa; meet internationally recognized standards for collecting and publishing financial data; combat money laundering and the financing of terrorism; and strengthen taxation systems and financial sectors. We also discuss how the IMF helps countries after an emergency or conflict; and the role of the IMF Institute in training government officials.