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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 March 1, 2002 |
In brief Sovereign debt bankruptcy rules... New round of trade talks... Financing for Development conference... |
Finance & Development December 1, 2000 Masood Ahmed & Hugh Bredenkamp |
Supporting Poverty Reduction in Low-Income Developing Countries: The International Community's Response Despite developing countries' improved economic growth rates during the 1990s, poverty has remained firmly entrenched. How can developing countries, international financial institutions, and developed countries work together more effectively to reduce the incidence of poverty? |
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 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 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 June 1, 2002 Catherine Pattillo |
External Debt and Growth Reasonable levels of external debt that help finance productive investment may be expected to enhance growth, but beyond certain levels additional indebtedness may reduce growth. An IMF study estimates two critical turning points. |
Finance & Development March 1, 2003 |
Letters to the Editor Poverty debate... IMF loans to autocratic regimes... Measuring potential debt... Odious debt... etc. |
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 March 2011 Alicia Barcena |
Spreading the Wealth Poverty and inequality have declined in Latin America in recent years, but there is a lot more to do. |
Finance & Development December 1, 2002 Inutu Lukonga |
Riding Out the Storm Dealing with financial crises more effectively |
Finance & Development December 1, 2002 Keller et al. |
The Bottom Line Weaknesses in public and private sector balance sheets could be the sign of a crisis in the making. |
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 March 1, 2000 Nora Lustig & Omar Arias |
Poverty Reduction Although Latin America and the Caribbean reduced the incidence of poverty during the 1990s, population increases and the greater income inequalities that had developed during the 1980s stymied the region's efforts to reduce the number of poor people. How can its policymakers fight poverty most effectively and better protect the poor during economic crises? |
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? |
AskMen.com January 6, 2002 Rashmikant Patel |
Reduce Your Credit Card Debt Why not look at your present debt situation and develop a systematic debt reduction plan? |
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 Emanuele Baldacci |
Financial Crises, Poverty, and Income Distribution How do financial crises affect income distribution and the poor? A recent IMF study shows that poverty rises and, in some cases, so does inequality -- underscoring the need for adequate and flexible safety nets, ideally in place before crises strike. |
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, 2008 Justin Yifu Lin |
Straight Talk: Shifting Perceptions of Poverty Revised poverty statistics may improve understanding of the economic development process. |
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 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 March 1, 2000 Jose Angel Gurria |
Mexico: Recent Developments, Structural Reforms, and Future Challenges In recent years, the Mexican government has implemented a series of economic reforms to strengthen the country's fundamentals and increase its ability to cope with external shocks. Because of the progress that has been made, the government is confident that Mexico will be able to leave recent crises behind and start the new millennium with a stable and growing economy. |
Finance & Development December 1, 2002 Christina Daseking |
Debt: How Much Is Too Much? As part of the work on vulnerability indicators, economists are looking at what level of debt is sustainable for an economy and how much is too much. |
Finance & Development December 1, 2005 Saavedra & Arias |
Stuck in a Rut Avenues for combating persistent poverty and inequality in Latin America. |
Finance & Development June 1, 2005 Raghuram Rajan |
Straight Talk Debt Relief and Growth In a number of developed countries, debt relief for low-income countries has become an important political issue. Here's how to craft an optimal debt relief proposal. |
HBS Working Knowledge February 21, 2007 Lodge & Wilson |
What a U.N. Partnership with Big Business Could Accomplish Countries most successful in reducing poverty have focused on creating profitable businesses. They provide the jobs, income, and motivation for education and individual development that raise standards of living. |
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 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 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, 2000 Mahmood Hasan Khan |
Rural Poverty in Developing Countries How does rural poverty develop, what accounts for its persistence, and what specific measures can be taken to eliminate or mitigate it? |
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, 2000 Dani Rodrik |
Growth Versus Poverty Reduction: A Hollow Debate |
Finance & Development December 1, 2005 Conny Lotze |
Economics with a Social Face An interview with development economist Nora Lustig, long-time advocate of employing social policies in the battle against poverty, on the need to focus on systemic problems that keep the poor and disadvantaged from advancing economically and the economies from realizing their full potential. |
Finance & Development September 1, 2007 Martin Ravallion |
Urban Poverty Yes, the poor are gravitating to towns and cities, but more rapid poverty reduction will probably require a faster pace of urbanization, not a slower one -- and development policymakers will need to facilitate this process, not hinder it. |
Finance & Development June 1, 2001 Gabrielle Lipworth & Jens Nystedt |
Crisis Resolution and Private Sector Adaptation The effect on existing debt of recent restructurings and rollovers is somewhat ambiguous and depends on whether positive news about individual instruments' recovery values outweighs negative news about the costs of default on them... |
Finance & Development March 1, 2001 |
Book reviews Robert Solomon's Money on the Move: The Revolution in International Finance Since 1980... Distributive Justice and Economic Development: The Case of Chile and Developing Countries... Ruth de Krivoy's Collapse: The Venezuelan Banking Crisis of '94... etc. |
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 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 December 1, 2006 Paul Toungui |
Spend Now or Save? Africa's oil-producing countries, including Gabon, must decide how to manage windfall oil revenues to increase economic growth potential while simultaneously saving for future shocks. |
Finance & Development March 1, 2001 Suhas Ketkar & Dilip Ratha |
Securitization of Future Flow Receivables: A Useful Tool for Developing Countries During financial crises, developing countries cannot obtain low-cost, long-term loans. Securitization of future flow receivables can help investment-grade public and private sector entities in these countries raise funds in international capital markets... |
Finance & Development December 1, 2000 Dadush, Dasgupta, & Ratha |
The Role of Short-Term Debt in Recent Crises The 1990s witnessed a boom in short-term lending by international banks to developing countries that lasted until Asia's financial crisis erupted in 1997. By 1997, nearly 60 percent of all outstanding international bank claims on developing countries had a remaining maturity of less than one year. |
Finance & Development December 1, 2000 Deepa Narayan |
Poverty Is Powerlessness and Voicelessness The Voices of the Poor study aimed to understand poverty from the perspective of poor people and to illuminate the human experience behind the poverty statistics. |
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 March 1, 2006 Lane & Milesi-Ferretti |
Examining Global Imbalances What new data tell us about the external wealth of nations. |
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, 2002 Kevin Watkins |
Making Globalization Work for the Poor In the view of the IMF, the World Bank, and most northern governments, removing barriers to trade is one of the most powerful things that governments can do to give the poor a bigger stake in global prosperity... |
Finance & Development June 1, 2005 dos Santos |
Brazil's Remarkable Journey Latin America's largest economy is finally reaping the benefits of reforms. |
Finance & Development June 1, 2002 Angus Deaton |
Is World Poverty Falling? Using the same data, two reports released less than two years apart by the World Bank reached apparently different conclusions on whether world poverty was going up or down. How can we know whether the world poverty counts are accurate? |