The Report reflects discussion among Executive Directors on June 7, 2016 and responds to the April 16, 2016 Communique of the Thirty-Third Meeting of the IMFC which stated that 'We reiterate the importance of maintaining the high quality and improving the regional, gender, and education...

Greater gender diversity of the IMF's Executive Board continues to be important to strengthen decision-making at the highest levels of the institution by bringing together different perspectives. Increasing the number of women Executive Directors and Alternate Executive Directors sends important...

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...

Inflation-forecast targeting is state of the art for monetary policy. This book explores first principles, including managing short-term policy trade-offs. The book also outlines efficient operational procedures and reviews the experiences of Canada, the Czech Republic, and India. The analysis...

Public investment supports the delivery of key public services, connects citizens and firms to economic opportunities, and can serve as an important catalyst for economic growth. After three decades of decline, public investment has begun to recover as a share of GDP in emerging markets (EMs)...

The quota database has been updated by one year through 2014. Overall, the results of the update continue the broad trends observed in previous updates, but the shifts between the main country groups are generally smaller. Using the current quota formula, the calculated quota share of Emerging...