Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility

Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility
Author: Mr.Alex Segura-Ubiergo
Publisher: International Monetary Fund
Total Pages: 141
Release: 2004-09-30
Genre: Political Science
ISBN: 1589063678

In 1999, the IMF and the World Bank adopted a new frame work for supporting economic reform in low-income member countries to achieve the objectives of poverty reduction and economic growth. The frame work consists of two key elements: country-authored Poverty Reduction Strategy Papers, drawing on broad-based consultations with key stake holder groups; and a vehicle for the provision of IMF concessional lending, the Poverty Reduction andGrowth Facility. This evaluation takes stock of progress to date and attempts to identify short comings that may require course corrections in the design and implementation of the initiative.

Democratic Republic of the Congo

Democratic Republic of the Congo
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 122
Release: 2013-07-23
Genre: Social Science
ISBN: 1484312872

This Poverty Reduction Strategy Paper on the Democratic Republic of Congo discusses economic policies and development. The macroeconomic and budget framework has been developed to take into account the effects of sectoral policies to maintain macroeconomic stability, a necessary condition for laying the foundation of economic growth and poverty reduction. It is based on the profile of public spending, the assessment of costs for achieving the Millennium Development Goals by 2020, and the sector-based economic growth theories taking into account the uncertainties of the international environment and the real potential of the Congolese economy. It is found that it allows for a realistic programming of public spending while highlighting the main budgetary choices proposed by the government.

2005 Review of the Poverty Reduction Strategy Approach - Balancing Accountabilities and Scaling Up Results

2005 Review of the Poverty Reduction Strategy Approach - Balancing Accountabilities and Scaling Up Results
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 115
Release: 2005-09-19
Genre: Political Science
ISBN: 149833105X

In December 1999, the World Bank (the Bank) and the International Monetary Fund (the Fund) introduced a new approach to their relations with low-income countries, centered around the development and implementation of poverty reduction strategies (PRS) by the countries as a precondition for access to debt relief and concessional financing from both institutions. These strategies were also expected to serve as a framework for better coordination of development assistance among other development partners.

The Role of the Fund in the Poverty Reduction Strategy Process and Its Collaboration with Donors

The Role of the Fund in the Poverty Reduction Strategy Process and Its Collaboration with Donors
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 37
Release: 2007-09-21
Genre: Business & Economics
ISBN: 1498333311

This paper proposes an approach to making the MTS operational as it relates to the Fund’s work in LICs that would define more precisely the Fund’s responsibility and accountability in the PRSP and donor collaboration processes. The proposed activities are not “new,” but represent an intensification of existing work and its extension to the all LICs as appropriate. This would help clarify expectations as to the Fund’s role, and establish a consistent institutional approach to collaborating with donors and other stakeholders on the ground.

Recurring Issues from a Decade of Evaluation

Recurring Issues from a Decade of Evaluation
Author: International Monetary Fund. Independent Evaluation Office
Publisher: International Monetary Fund
Total Pages: 61
Release: 2014-08-21
Genre: Business & Economics
ISBN: 1484376854

This report seeks to help the IMF enhance its effectiveness by identifying major recurring issues from the IEO’s first 20 evaluations and assessing where they stand. The IMF’s core areas of responsibility are surveillance, lending, and capacity development. The aim of this report is to strengthen the follow-up process by focusing on key issues that recurred in IEO evaluations, rather than on specific recommendations on their implementation. The IEO believes that a framework of reviewing and monitoring recurring issues would be useful in establishing incentives for progress, strengthening the Board’s oversight, and providing learning opportunities for the IMF.

International Monetary Fund Annual Report 2021

International Monetary Fund Annual Report 2021
Author: International Monetary Fund. Secretary's Department
Publisher: International Monetary Fund
Total Pages: 74
Release: 2021-10-04
Genre: Business & Economics
ISBN: 1513568817

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.

Poverty Reduction Strategies in Action

Poverty Reduction Strategies in Action
Author: Amoako-tuffour
Publisher: Lexington Books
Total Pages: 369
Release: 2007-12-24
Genre: Business & Economics
ISBN: 073913003X

Since the inception of the HIPC Initiative, the story of the design and implementation of poverty alleviation strategies has largely been told through the filters of development partners and the Bretton Woods Institutions. Poverty Reduction Strategies in Action examines the efforts in Ghana to reduce poverty and initiate changes that it believes are essential to ensure a prosperous future for its citizens in the 21st century. It chronicles the achievements, pitfalls, and looming challenges of a government, its people, and its external partners in fashioning out and implementing anti-poverty and pro-growth policies. This edited volume, by a group of independent researchers, examines Ghana's experience: what was done, how it was done, what was left undone, the lessons learned, and fills the void in the development literature.

Ten Steps to a Results-based Monitoring and Evaluation System

Ten Steps to a Results-based Monitoring and Evaluation System
Author: Jody Zall Kusek
Publisher: World Bank Publications
Total Pages: 270
Release: 2004-06-15
Genre: Government productivity
ISBN: 0821382896

An effective state is essential to achieving socio-economic and sustainable development. With the advent of globalization, there are growing pressures on governments and organizations around the world to be more responsive to the demands of internal and external stakeholders for good governance, accountability and transparency, greater development effectiveness, and delivery of tangible results. Governments, parliaments, citizens, the private sector, NGOs, civil society, international organizations and donors are among the stakeholders interested in better performance. As demands for greater accountability and real results have increased, there is an attendant need for enhanced results-based monitoring and evaluation of policies, programs, and projects. This Handbook provides a comprehensive ten-step model that will help guide development practitioners through the process of designing and building a results-based monitoring and evaluation system. These steps begin with a OC Readiness AssessmentOCO and take the practitioner through the design, management, and importantly, the sustainability of such systems. The Handbook describes each step in detail, the tasks needed to complete each one, and the tools available to help along the way."

The New Palgrave Dictionary of Economics

The New Palgrave Dictionary of Economics
Author:
Publisher: Springer
Total Pages: 7493
Release: 2016-05-18
Genre: Law
ISBN: 1349588024

The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

International Economic Actors and Human Rights

International Economic Actors and Human Rights
Author: Adam McBeth
Publisher: Routledge
Total Pages: 418
Release: 2009-09-28
Genre: Business & Economics
ISBN: 1135245223

In noting that the actions of entities other than states in the economic arena can and often do have a profound effect on human rights, this book poses the question as to how international human rights law can and should address that situation. This book takes three very different categories of international actor – the World Trade Organization, the international financial institutions (World Bank and IMF) and multinational enterprises – and analyses the interaction of each category with human rights, in each case analysing the interaction of the different fields of law and seeking to identify a role for international human rights law. Adam McBeth concludes that each of the selected international economic actors can and should be considered to operate within a holistic system of international law, including human rights obligations, but that changes in the operations and the accountability mechanisms for each actor are necessary for the practical implementation of that approach. While written from a human rights perspective, the underlying theme of the book is one of engagement and harmonisation rather than condemnation. It provides valuable insight for those who approach this topic from a background of international trade law, commercial law or general international law, just as much as those who have a human rights background. International Economic Actors and Human Rights will be of great interest to those studying or working in any field of international economic law, as well as human rights scholars and practitioners.