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Finance & Development June 1, 2002 Masood Ahmed |
Building Consensus on Poverty Reduction One hundred eighty-nine countries came together at the United Nations Millennium Summit and pledged to act individually and collectively to make the Millennium Development Goals a reality. |
Finance & Development June 1, 2002 Brian Ames |
Taking Stock of Poverty Reduction Efforts What exactly is a poverty reduction strategy paper (PRSP), the centerpiece of the international community's new assault on poverty? It is essentially a road map prepared by countries themselves to help them better target public policies in support of poverty reduction. |
Finance & Development June 1, 2002 Sanjeev Gupta |
Is the PRGF Living Up to Expectations? When the IMF launched the Poverty Reduction and Growth Facility (PRGF) in 1999, it envisaged some far-reaching changes in its operations. But is this new facility living up to expectations? |
Finance & Development December 1, 2000 Caroline M. Robb |
How the Poor Can Have a Voice in Government Policy Development thinking has changed significantly in recent years. Policymakers have recognized the ability of the poor to make a valuable contribution to the analysis of poverty and are consulting them directly. This new participatory approach has resulted in a broader definition of poverty and better-informed public policies that are more responsive to the needs of the poor. |
Finance & Development June 1, 2002 |
Crafting Bolivia's PRSP: 5 Points of View Bolivia's poverty reduction strategy paper (PRSP) was issued in March 2001. Building on an earlier national dialogue, it formulates a four-pronged plan for sustainable growth, social development, institutional strengthening, and eradication of drug (coca) production and trade. |
Finance & Development September 1, 2001 Sanjeev Gupta |
Debt Relief and Public Health Spending in Heavily Indebted Poor Countries The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1996, was the first comprehensive effort by the international community to reduce the external debt of the world's poorest countries... |
Finance & Development December 1, 2001 Sergio Pereira Leite |
Human Rights and the IMF Human rights and macroeconomic stability are far from incompatible. Rather, they both play crucial roles in the fight against poverty. By supporting sound economic policies and encouraging constructive dialogue within civil society, the IMF contributes to human rights. |
Finance & Development June 1, 2001 |
Bulletin IMFC Meeting Endorses IMF Crisis Prevention Efforts... IMF in the process of change... The IMF's Role in Poverty Reduction... IMF Acts to Streamline and Focus Conditionality... |
Finance & Development December 1, 2001 Nsouli & Le Gall |
The New International Financial Architecture and Africa African countries have made progress on various elements of the new architecture, but more work is needed---in particular, to enhance transparency and accountability, implement standards and codes, and strengthen financial systems. |
Finance & Development December 1, 2000 Nora Lustig & Nicholas Stern |
Broadening the Agenda for Poverty Reduction: Opportunity, Empowerment, Security Experience from the 1990s has led to a poverty reduction agenda that, in addition to promoting economic growth, addresses ingrained inequalities, institutional failures, social barriers, and other risks. |
Finance & Development December 1, 2002 Stapenhurst & Pelizzo |
A Bigger Role for Legislatures As elected representatives, legislatures should be involved in developing national poverty reduction strategies and overseeing their implementation. |
Finance & Development March 1, 2001 Flemming Larsen |
The IMF's Dialogue with Nongovernmental Organizations The IMF is responding to questions about its role in today's world economy by reaching out to civil society at large and to nongovernmental organizations (NGOs) in particular... |
Finance & Development September 2008 Masood Ahmed |
The Next Frontier Low-income countries gain ground in a globalized world, but they still face major challenges. |
Finance & Development March 1, 2002 Robert Hecht |
Making AIDS Part of the Global Development Agenda AIDS is not just a health issue but a development problem that must be addressed at the global level. As countries increasingly recognize the need to incorporate strategies for tackling AIDS in their national policy frameworks, they are looking at new national poverty reduction plans... |
Finance & Development September 1, 2005 Sharpe, Wood & Wratten |
U.K.: More Country Ownership A country-led approach, in which the governments of developing countries themselves define and lead the poverty reduction agenda, is the key to improving aid effectiveness. |
Finance & Development September 2009 Edward Gemayel & Samar Maziad |
Delivering on Change The IMF has created a new support framework for the world's low-income countries. |
Finance & Development December 1, 2006 Ambroise Fayolle |
Out of the Trap Given that fragile states face urgent and specific needs, the framework created by donors to support them is both too slow and not comprehensive enough. Closer coordination between all actors, including the IMF, should be a priority in fragile states. |
Finance & Development December 1, 2001 Ahmed, Lane & Schulze-Ghattas |
Refocusing IMF Conditionality Shortly after he assumed office as Managing Director of the IMF in May 2000, Horst Kohler launched a reform of the conditionality associated with its lending. What lies behind this change in approach, and what prospects does it have for strengthening implementation of reforms in the IMF's member countries? |
Finance & Development December 1, 2001 Evangelos A. Calamitsis |
The Need for Stronger Domestic Policies and International Support Globalization is a powerful engine of world prosperity, and it is certainly here to stay. Income disparities remain large. The basic issue is what policies and reforms are most likely to bring about sustainable economic growth for the benefit of all the peoples of the world. |
Finance & Development December 1, 2000 Robert Powell |
Debt Relief for Poor Countries Efforts to lighten the debt burden of poor countries go back at least two decades. The most recent, the enhanced HIPC Initiative, will provide faster and deeper debt relief to these countries while encouraging them to use the funds saved to fight poverty and raise living standards. |
Finance & Development December 1, 2000 Saleh M. Nsouli |
Capacity Building in Africa: The Role of International Financial Institutions This article reviews the evidence on the importance of domestic institutions for economic growth and examines the role of international financial institutions, and particularly the IMF and its training, in capacity building in Africa. |
Finance & Development December 1, 2000 |
Bulletin Pressing Issues of Globalization and Poverty Reduction Are Focus of 2000 IMF--World Bank Annual Meetings... Horst Kohler's Vision for the IMF... Research at the IMF... |
Finance & Development March 1, 2000 James M. Boughton |
Michel Camdessus at the IMF: A Retrospective It may be some years until a definitive assessment of Michel Camdessus's unprecedented 13 years as Managing Director can be made. In this article, the IMF's Historian provides a preliminary evaluation. |
Finance & Development September 1, 2005 Jean-Baptiste Compaore |
Burkina Faso: Greater Capacity In Burkina Faso, only about 70% of aid committed by donors is effectively disbursed. Improving absorption capacity is crucial if a scaling up of aid is to be effective in growing its economy. |
Finance & Development September 1, 2005 Berg & Qureshi |
The MDGs: Building Momentum A big push on aid is not the sole answer. International development policy needs to move beyond aid and aim for actions that, together with stronger reforms in developing countries, cohere into a broader big push. |
Finance & Development December 1, 2006 Bio-Tchane & Christensen |
Right Time for Africa Africa needs to build on its recent success to catch up. A forward-looking reform agenda should aim to maintain macroeconomic stability, improve the business climate, promote trade, and, most important, strengthen fiscal institutions. |
Finance & Development December 1, 2001 |
Bulletin Kohler Calls For Coordinated International Response in Wake of September 11 Attacks... IMF Releases Reduced World Economic Outlook Projections... External Financing for IMF Technical Assistance... |
Finance & Development December 1, 2000 Ernesto Hernandez-Cata |
Raising Growth and Investment in Sub-Saharan Africa: What Can Be Done? Sub-Saharan Africa must increase economic growth to reduce poverty and improve living standards. This article discusses some obstacles to growth in the region, as well as some policy actions that would improve its prospects. |
Finance & Development September 1, 2005 Peter S. Heller |
Making AID Work An unlikely alliance of rock stars, politicians, and grassroots activists has put the issue of combating poverty at the forefront of global policymaking. Scaling up aid flows is just the start of a complex set of decisions and tough choices. |
Finance & Development March 1, 2006 Pattillo, Gupta & Carey |
Growing Pains With Africa's growth finally picking up, the challenge is to accelerate and sustain the pace to reduce poverty. |
Finance & Development December 1, 2001 Mohamed Daouas |
Africa Faces Challenges of Globalization |
Finance & Development March 1, 2000 Leonardo Cardemil, Juan Carlos Di Tata, & Florencia Frantischek |
Central America: Adjustment and Reforms in the 1990s Following a weak performance in the 1980s, the Central American economies experienced a turnaround in the 1990s as they adopted improved policies within a more stable political environment. Now, how can they best maintain macroeconomic stability, continue structural reforms, and strengthen social policies to maximize rates of economic growth and reduce the incidence of poverty? |
Finance & Development September 1, 2005 Basil P. Mramba |
Tanzania: 'Smart' Partnerships A clear national development vision upon which donor support can be anchored is critical for ensuring that aid is well used. |
Finance & Development June 1, 2002 Mohsin S. Khan & Sunil Sharma |
Reconciling Conditionality and Country Ownership For the international community, one of the biggest challenges is how to reconcile the need for more country ownership of adjustment and reform programs with the need for conditions on IMF loans. |
Finance & Development March 1, 2006 |
Mozambique Here are charts depicting the country's impressive progress on growth and poverty reduction thanks to prudent macroeconomic policies, far-reaching structural reforms, and substantial donor assistance. |
Finance & Development March 2006 |
Letters to the Editor Aid recipients must be more accountable... Why not limit new borrowing?... Redesigning aid... |
Finance & Development December 1, 2002 Goldsbrough et al. |
Prolonged Use of IMF Loans How much of a problem is it? |
Finance & Development September 2010 |
Making a Breakthrough To accelerate progress toward the Millennium Development Goals, growth must happen in sectors that directly benefit the poor, such as agriculture. |
Finance & Development December 1, 2000 Dani Rodrik |
Growth Versus Poverty Reduction: A Hollow Debate |
Finance & Development September 2008 Deutscher & Fyson |
Improving the Effectiveness of Aid A proliferation of donors and projects has made the governance of aid more problematic. |
Finance & Development December 1, 2005 Saavedra & Arias |
Stuck in a Rut Avenues for combating persistent poverty and inequality in Latin America. |
Finance & Development December 1, 2007 Boughton & Bradford |
Global Governance: New Players, New Rules The financial turbulence of 2007 illustrates -- not for the first time -- both the benefits and the risks of financial globalization. Here's why the 20th-century model needs a makeover. |
Finance & Development December 1, 2001 G.E. Gondwe |
Making Globalization Work in Africa There is no doubt that economic growth rates in sub-Saharan Africa have lagged far behind those of other regions and that Africa is the region least integrated into the global economy. |
Finance & Development June 2009 John Lipsky |
Preparing for a Postcrisis World Assessing the IMF's role in the future international financial architecture |
Finance & Development December 1, 2006 Schieber et al. |
Getting Real on Health Financing Unless the efficiency of the global aid architecture is improved and countries enhance their ability to put aid to good use, the massive investment in health that is currently taking place will not deliver the improvement in the health of the poor that everybody is striving for. |
Finance & Development June 1, 2005 Peter Heller |
Back to Basics -- Fiscal Space: What It Is and How to Get It Although the term is new, the concept is not. It has long been an element of sound fiscal analysis. And the challenge of creating fiscal space is one that has always confronted governments and their advisors, including international financial institutions like the IMF. |
Finance & Development September 2010 |
Regaining Momentum Progress on the Millennium Development Goals has been slowed by the crisis. The rest of the world has to help. |
Finance & Development September 1, 2002 |
Letters to the editor Financial crises hit poor harder... Developing country debt... Poverty reduction... |
Finance & Development September 1, 2005 Andrews et al. |
Ethiopia: Scaling Up Assessing the impact of a dramatic increase in aid on one of Africa's poorest countries. |
Finance & Development September 2011 |
A Bigger Slice of a Growing Pie Developing the financial sector accelerates economic growth and can enhance income equality. |