A Stocktaking of PRSPs in Fragile States
In 1999, the World Bank and the International Monetary Fund (IMF) introduced poverty reduction strategy papers (PRSPs) as a condition for highly indebted countries to receive debt relief under the HIPC initiative. Since then, PRSPs have become a co...
Main Authors: | , |
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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2008/11/10079305/stocktaking-prsps-fragile-states http://hdl.handle.net/10986/11135 |
Summary: | In 1999, the World Bank and the
International Monetary Fund (IMF) introduced poverty
reduction strategy papers (PRSPs) as a condition for highly
indebted countries to receive debt relief under the HIPC
initiative. Since then, PRSPs have become a condition for
aid to International Development Association (IDA)
countries, for which they are considered instrumental in
refocusing attention on poverty, democratizing policy
making, and improving donor coordination. While PRSPs may
play that role in many IDA countries, their usefulness in
fragile states, including those just emerging from conflict,
has been questioned. Increased donor attention to the
specific problems of such states was the impetus for a
Poverty Reduction Group (PRMPR) stocktaking of PRSPs in
fragile environments. |
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