Protecting the Poor Through Programmatic Adjustment Lending in Peru, Brazil and Colombia
Social reforms typically require long-term, incremental policy changes. Traditional World Bank (WB) funding for discrete investments or technical assistance often had little broad policy impact. Even sector adjustment loans tended to be too inflexi...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2003/12/12050118/protecting-poor-through-programmatic-adjustment-lending-peru-brazil-colombia http://hdl.handle.net/10986/10371 |
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okr-10986-103712021-04-23T14:02:50Z Protecting the Poor Through Programmatic Adjustment Lending in Peru, Brazil and Colombia Javier, Evangeline Paqueo, Vicente Rawlings, Laura B. Rodriguez, Alberto ADJUSTMENT ADJUSTMENT LOANS ADMINISTRATIVE REFORMS BENEFICIARIES BUDGETING CASH TRANSFER CASH TRANSFERS COMMITMENT CORRUPTION CREDIBILITY CRISES DATA QUALITY DECENTRALIZATION DEVELOPMENT BANK EARLY CHILDHOOD ECONOMIC CRISIS ECONOMIC GROWTH ECONOMIC RECOVERY EXPENDITURE EXPENDITURES EXTERNAL FINANCING EXTREME POVERTY FAMILIES FINANCE MINISTRIES FINANCIAL ADMINISTRATION FINANCIAL RISKS FINANCIAL SUPPORT FISCAL CONSTRAINTS FISCAL REFORMS FISCAL RESOURCES FUTURE FINANCING HEALTH STATUS HOUSEHOLDS HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT INEQUALITIES INEQUALITY INFORMATION SYSTEMS INNOVATION INNOVATIONS INSTITUTIONAL CAPACITIES INSTITUTIONAL REFORMS INSTRUMENT INSURANCE INVESTMENT LOANS LENDING INSTRUMENTS LOAN MANDATE PENSIONS POLITICAL UNCERTAINTY PUBLIC EDUCATION PUBLIC POLICY PUBLIC SECTOR DEBT PUBLIC SPENDING RECESSION REGULATORY FRAMEWORK RESOURCE ALLOCATION RISK MANAGEMENT RISK MANAGEMENT SYSTEM SAFETY SAFETY NET SAFETY NETS SCHOLARSHIPS SOCIAL DEVELOPMENT SOCIAL FUNDS STRUCTURAL ADJUSTMENT LOAN STRUCTURAL ADJUSTMENT LOANS TAX TAX SYSTEM TECHNICAL ASSISTANCE TECHNICAL ASSISTANCE LOAN TEMPORARY EMPLOYMENT TRANCHE TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VULNERABLE GROUPS Social reforms typically require long-term, incremental policy changes. Traditional World Bank (WB) funding for discrete investments or technical assistance often had little broad policy impact. Even sector adjustment loans tended to be too inflexible and short-term to support ongoing social reforms. Some countries needed new kinds of financial and technical assistance to sustain reforms during crisis and beyond. Recognizing the need for steady, incremental reforms combined with institution building, the WB introduced Programmatic Structural Adjustment Loans/Credits (PSAL/PSAC) in 1998. In the social arena, this instrument has provided fast-disbursing, flexible, multi-year support to help countries preserve their social safety nets during crises and strengthen them in the long run through capacity building and institutional reforms. In the Latin America and the Caribbean region, loans to Peru, Brazil, and Colombia illustrate how the new multi-sector social reform efforts have worked in practice. 2012-08-13T11:17:12Z 2012-08-13T11:17:12Z 2003-12 http://documents.worldbank.org/curated/en/2003/12/12050118/protecting-poor-through-programmatic-adjustment-lending-peru-brazil-colombia http://hdl.handle.net/10986/10371 English en breve; No. 34 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Latin America & Caribbean Peru Colombia Brazil |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADJUSTMENT ADJUSTMENT LOANS ADMINISTRATIVE REFORMS BENEFICIARIES BUDGETING CASH TRANSFER CASH TRANSFERS COMMITMENT CORRUPTION CREDIBILITY CRISES DATA QUALITY DECENTRALIZATION DEVELOPMENT BANK EARLY CHILDHOOD ECONOMIC CRISIS ECONOMIC GROWTH ECONOMIC RECOVERY EXPENDITURE EXPENDITURES EXTERNAL FINANCING EXTREME POVERTY FAMILIES FINANCE MINISTRIES FINANCIAL ADMINISTRATION FINANCIAL RISKS FINANCIAL SUPPORT FISCAL CONSTRAINTS FISCAL REFORMS FISCAL RESOURCES FUTURE FINANCING HEALTH STATUS HOUSEHOLDS HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT INEQUALITIES INEQUALITY INFORMATION SYSTEMS INNOVATION INNOVATIONS INSTITUTIONAL CAPACITIES INSTITUTIONAL REFORMS INSTRUMENT INSURANCE INVESTMENT LOANS LENDING INSTRUMENTS LOAN MANDATE PENSIONS POLITICAL UNCERTAINTY PUBLIC EDUCATION PUBLIC POLICY PUBLIC SECTOR DEBT PUBLIC SPENDING RECESSION REGULATORY FRAMEWORK RESOURCE ALLOCATION RISK MANAGEMENT RISK MANAGEMENT SYSTEM SAFETY SAFETY NET SAFETY NETS SCHOLARSHIPS SOCIAL DEVELOPMENT SOCIAL FUNDS STRUCTURAL ADJUSTMENT LOAN STRUCTURAL ADJUSTMENT LOANS TAX TAX SYSTEM TECHNICAL ASSISTANCE TECHNICAL ASSISTANCE LOAN TEMPORARY EMPLOYMENT TRANCHE TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VULNERABLE GROUPS |
| spellingShingle |
ADJUSTMENT ADJUSTMENT LOANS ADMINISTRATIVE REFORMS BENEFICIARIES BUDGETING CASH TRANSFER CASH TRANSFERS COMMITMENT CORRUPTION CREDIBILITY CRISES DATA QUALITY DECENTRALIZATION DEVELOPMENT BANK EARLY CHILDHOOD ECONOMIC CRISIS ECONOMIC GROWTH ECONOMIC RECOVERY EXPENDITURE EXPENDITURES EXTERNAL FINANCING EXTREME POVERTY FAMILIES FINANCE MINISTRIES FINANCIAL ADMINISTRATION FINANCIAL RISKS FINANCIAL SUPPORT FISCAL CONSTRAINTS FISCAL REFORMS FISCAL RESOURCES FUTURE FINANCING HEALTH STATUS HOUSEHOLDS HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT INEQUALITIES INEQUALITY INFORMATION SYSTEMS INNOVATION INNOVATIONS INSTITUTIONAL CAPACITIES INSTITUTIONAL REFORMS INSTRUMENT INSURANCE INVESTMENT LOANS LENDING INSTRUMENTS LOAN MANDATE PENSIONS POLITICAL UNCERTAINTY PUBLIC EDUCATION PUBLIC POLICY PUBLIC SECTOR DEBT PUBLIC SPENDING RECESSION REGULATORY FRAMEWORK RESOURCE ALLOCATION RISK MANAGEMENT RISK MANAGEMENT SYSTEM SAFETY SAFETY NET SAFETY NETS SCHOLARSHIPS SOCIAL DEVELOPMENT SOCIAL FUNDS STRUCTURAL ADJUSTMENT LOAN STRUCTURAL ADJUSTMENT LOANS TAX TAX SYSTEM TECHNICAL ASSISTANCE TECHNICAL ASSISTANCE LOAN TEMPORARY EMPLOYMENT TRANCHE TRANSPARENCY UNEMPLOYMENT UNEMPLOYMENT RATE VULNERABLE GROUPS Javier, Evangeline Paqueo, Vicente Rawlings, Laura B. Rodriguez, Alberto Protecting the Poor Through Programmatic Adjustment Lending in Peru, Brazil and Colombia |
| geographic_facet |
Latin America & Caribbean Peru Colombia Brazil |
| relation |
en breve; No. 34 |
| description |
Social reforms typically require
long-term, incremental policy changes. Traditional World
Bank (WB) funding for discrete investments or technical
assistance often had little broad policy impact. Even sector
adjustment loans tended to be too inflexible and short-term
to support ongoing social reforms. Some countries needed new
kinds of financial and technical assistance to sustain
reforms during crisis and beyond. Recognizing the need for
steady, incremental reforms combined with institution
building, the WB introduced Programmatic Structural
Adjustment Loans/Credits (PSAL/PSAC) in 1998. In the social
arena, this instrument has provided fast-disbursing,
flexible, multi-year support to help countries preserve
their social safety nets during crises and strengthen them
in the long run through capacity building and institutional
reforms. In the Latin America and the Caribbean region,
loans to Peru, Brazil, and Colombia illustrate how the new
multi-sector social reform efforts have worked in practice. |
| format |
Publications & Research :: Brief |
| author |
Javier, Evangeline Paqueo, Vicente Rawlings, Laura B. Rodriguez, Alberto |
| author_facet |
Javier, Evangeline Paqueo, Vicente Rawlings, Laura B. Rodriguez, Alberto |
| author_sort |
Javier, Evangeline |
| title |
Protecting the Poor Through Programmatic Adjustment Lending in Peru, Brazil and Colombia |
| title_short |
Protecting the Poor Through Programmatic Adjustment Lending in Peru, Brazil and Colombia |
| title_full |
Protecting the Poor Through Programmatic Adjustment Lending in Peru, Brazil and Colombia |
| title_fullStr |
Protecting the Poor Through Programmatic Adjustment Lending in Peru, Brazil and Colombia |
| title_full_unstemmed |
Protecting the Poor Through Programmatic Adjustment Lending in Peru, Brazil and Colombia |
| title_sort |
protecting the poor through programmatic adjustment lending in peru, brazil and colombia |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2003/12/12050118/protecting-poor-through-programmatic-adjustment-lending-peru-brazil-colombia http://hdl.handle.net/10986/10371 |
| _version_ |
1764412851322093568 |