|TECHNICAL ASSISTANCE AND TRAINING: TACKLING THE CRISIS AND BUILDING INSTITUTIONS FOR THE FUTURE |
|Monday September 26, 2011|
09:00 AM - 12:30 PM
HQ1 Meeting Hall A&B
Archive video link: http://www.imf.org/external/am/2011/mmedia/view.aspx?vid=1180209045001
IMF technical assistance has helped many countries tackle the global crisis
and build institutions for the future by addressing fiscal, debt, and data
issues, and improving monetary operations, banking supervision, and liquidity
management. Through its training arm, the IMF Institute, and its specialized
departments, the IMF supports member priorities with policy-oriented training
in areas like macroeconomic and financial market issues.
In two sessions, IMF specialist departments demonstrated, through case
studies, how technical assistance and training have helped member countries
address pressing needs, explaining, among other things, how:
- the Fiscal Affairs Department worked with
European countries to address major problems/shortcomings related to fiscal
management and fiscal policies that were revealed by the economic crisis
that started in 2008.
- the Statistics Department helped Poland address
the high level of errors and omissions in the Polish balance of payments,
which had raised doubts on the country's economic performance at the time
of the crisis and its aftermath.
- the Monetary and Capital Markets Department
helped seven Asian countries to strengthen bank supervision and regulation
through a risk-based supervisory approach, and to attain recognized international
standards by deploying long-term resident advisors and short-term experts.
- the Legal Department assisted Peru in developing
a national strategy for Anti-Money Laundering and Combating the Financing
of Terrorism and assisted Georgia on the drafting of a Payment System Law
- the IMF Institute offered training on macroeconomic
management and debt issues for countries in East Africa.
Closing remarks by Nemat Shafik, Deputy Managing Director of the International
|Organized by:||Norbert Funke, Office of Technical Assistance Management, IMF, organized in collaboration with Fund staff from the following departments: Fiscal Affairs Department, the IMF Institute, Legal Department, Monetary & Capital Markets Department, and Statistics Department.|
|Last modified on: 09/27/2011 12:38:05 PM|