1.

Record Nr.

UNINA9910827077003321

Titolo

IMF Financial Operations 2014

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2014

ISBN

1-4843-5822-8

1-4983-6329-6

1-4843-1744-0

Edizione

[1st Edition]

Descrizione fisica

1 online resource (183 p.)

Collana

Books

Disciplina

332.152

Soggetti

International finance -- Periodicals

International Monetary Fund -- Periodicals

International Monetary Fund

Finance

Business & Economics

International Finance

Macroeconomics

Banks and Banking

Money and Monetary Policy

Financial Risk Management

Social Services and Welfare

Foreign Exchange

Central Banks and Their Policies

Monetary Systems

Standards

Regimes

Government and the Monetary System

Payment Systems

Debt

Debt Management

Sovereign Debt

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Government Policy

Provision and Effects of Welfare Program

Personal Income, Wealth, and Their Distributions

Aggregate Factor Income Distribution

Economic & financial crises & disasters

Banking



Monetary economics

Social welfare & social services

International economics

Financial crises

Central banks

Currencies

Money

Debt relief

Asset and liability management

Credit

Personal income

National accounts

Freely usable currencies

Poverty reduction strategy

Poverty

Income

Currency crises

Banks and banking, Central

Debts, External

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; Contents; Preface; Acknowledgments; Abbreviations; 1. Overview of the IMF as a Financial Institution; 1.1 Role and Purposes of the IMF; 1.2 Evolution of the IMF's Financial Structure; 1.3 Measures Taken since the Onset of the Financial Crisis; 1.3.1 Borrowing; 1.3.2 Quotas; 1.3.3 SDRs; 1.3.4 General Lending Framework; 1.3.5 Resources and Lending to Low-Income Countries; 1.4 The IMF's Financial Structure and Lending Mechanisms; 1.4.1 Nonconcessional Financing (Chapter 2); 1.4.2 Concessional Financing (Chapter 3); 1.4.3 The SDR (Chapter 4); 1.4.4 Income Generation (Chapter 5)

1.4.5 Financial Risk Management (Chapter 6)1.5 Information Sources on IMF Finances; 1.5.1 IMF Website; 1.5.2 Contacts in the Finance Department; Boxes; 1.1 Decision-Making Structure of the IMF; 1.2 Financial Structure of the IMF; Additional Reading; 2. Nonconcessional Financial Operations; 2.1 Financing Nonconcessional Lending Operations: Resources and Liabilities; 2.1.1 Quotas; 2.1.2 The Quota Formula; 2.1.3 Quota Increases under General Reviews; 2.1.4 Ad Hoc Quota Increases; 2.1.5 Recent Quota, Voice, and Governance Reforms; Tables; 2.1 General Reviews of Quotas

2.2 Agreed Changes in IMF Quotas2.1.6 Borrowing by the IMF; 2.3 Countries that Have Received Ad Hoc Quota Increases Agreed under the 2008 Quota and Voice Reforms; Figures; 2.1 The Size of the IMF; 2.4 General and New Arrangements to Borrow; 2.2 The IMF's Financing Mechanism; 2.2 The IMF Lending Mechanism: An Exchange of Assets; 2.3 Members' Financial Positions in the General Resources Account; 2.2.1 The Financial Transactions Plan; 2.2.2 NAB Resource Mobilization



Plan; 2.3 The Asset Side; 2.3.1 Financial Policies and Facilities: The GRA Lending Toolkit

2.5 Financial Terms under IMF General Resources Account Credit2.4 Outstanding IMF Credit by Facility, 1990-2014; 2.3.2 Credit Outstanding; 2.5 Median and Interquartile Range for Annual Average Access under Stand-By and Extended Arrangements; 2.6 Distribution of Annual Access under General Resources Account Arrangements, 1990-2014; 2.3.3 Gold Holdings; 2.4 The IMF's Balance Sheet and Income Statement; 2.4.1 The Balance Sheet; 2.4.2 Operational Income; 2.6 Balance Sheet of the General Department; 2.4.3 Operational Expenses; 2.4.4 Administrative Expenses; 2.4.5 Net Income

2.4.6 Valuation of Currencies2.7 Income Statement of the General Department; 2.5 Special Disbursement Account; 2.6 IMF Accounts in Member Countries; 2.6.1 Disclosure of Financial Position with the IMF by Member Countries; 2.1 The General Department's Balance Sheet Snapshot; 2.2 Quota Payment Procedures; 2.3 The Quota Formula; 2.4 The Reserve Tranche Position; 2.5 The Evolution of Conditionality; 2.6 Key Gold Transactions; Additional Reading; 3. Financial Assistance for Low-Income Countries; 3.1 The Evolution of Concessional Lending; 3.2 Poverty Reduction and Growth Trust

3.1 PRGT-Eligible Countries: GRA Purchases and Concessional Loan Disbursements, 1987-2014

Sommario/riassunto

IMF Financial Operations 2014 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and also provides background detail of the financial statements for the IMF’s activities during the most recent financial year. This publication updates a previous report entitled Financial Organization and Operations of the IMF, first published in 1986 and last issued in 2001 (the sixth edition). That 2001 report reflected the seismic shifts in the global economy and in the IMF’s structure and operations that occurred after the fall of the Soviet Union and the various currency and financial crises of the 1990s. This revised and updated report covers more recent developments, including measures taken in response to the global financial crisis of 2007-09 and the institutional reforms aimed at ensuring that the IMF’s governance structure evolves in line with developments in the global economy, as well as reforms to the IMF’s income model.