As one of the "joint crisis initiatives" taken by the Chiefs Executives Board (CEB) of the United Nations System, UN-DESA developed an Integrated Monitoring and Analysis System (IMAS) aimed at establishing a reliable monitoring and analysis system to alert policy makers about vulnerabilities that could hurt countries under changing global economic conditions. IMAS tries to address three challenges:
To bring existing information together into an effective monitoring framework that allows for real-time assessments of the economic and social impacts of changing conditions in the world economy.
To analyze risks related to different types of shocks, their transmissions, and likely effects on developing countries and various population groups.
To inform policy makers so that they can design adequate responses and monitor the effectiveness of the policy actions taken.