01988cas a2200277 a 4500 AALejournalIMF016149 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513526010 1018-5941 BD-DhAAL BD-DhAAL Fayad, Ghada. How Do Member Countries Receive IMF Policy Advice : Results from a State-of-the-art Sentiment Index / Ghada Fayad, Chengyu Huang, Yoko Shibuya, Peng Zhao. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper applies state-of-the-art deep learning techniques to develop the first sentiment index measuring member countries' reception of IMF policy advice at the time of Article IV Consultations. This paper finds that while authorities of member countries largely agree with Fund advice, there is variation across country size, external openness, policy sectors and their assessed riskiness, political systems, and commodity export intensity. The paper also looks at how sentiment changes during and after a financial arrangement or program with the Fund, as well as when a country receives IMF technical assistance. The results shed light on key aspects on Fund surveillance while redefining how the IMF can view its relevance, value added, and traction with its member countries. Mode of access: Internet Huang, Chengyu. Shibuya, Yoko. Zhao, Peng. IMF Working Papers; Working Paper ; No. 2020/007 Full text available on IMF http://elibrary.imf.org/view/journals/001/2020/007/001.2020.issue-007-en.xml IMF e-Library