SAPs/PRSPsBank and Fund structural adjustment programmes (SAP's) often required dramatic reform of a borrowing country's economic policy. The successor to SAPs, the Poverty Reduction Strategy Paper (PRSPs) set out a country's macroeconomic, structural and social policies to promote growth and reduce poverty. These comprehensive strategies for reform are necessary for World Bank loans or lending by the fund under the poverty reduction and growth facility (PRGF). Includes: conditionality, structural adjustment lending, Structural Adjustment Participatory Review Initiative (SAPRIN), Poverty and Social Impact Assessment (PSIA), PRGF, letters of intent read more background... Items 1 to 10 of 356The Greek crisis and the involvement of the IMFThe “Greek expression” of the crisis has revealed an amazingly broad range of issues not only concerning the structural problems of the Greek economy, but also those of the European Union (EU) as an economic and currency area, and its unwillingness or inability to react to the problem in a timely, meaningful and collective way. read article... Debt crisis in Europe: Beware IMF bearing giftsThe descent of Greece into a sovereign debt crisis marks the first time a country that uses the euro has gone to the IMF. The fear of adverse market reaction has now moved Europe towards greater coordination and the G20 to argue against continued fiscal stimulus. read article... IMF's latest prescription: Cure the crisis with austerityThe IMF has gone back to promoting fiscal austerity and pressuring governments to implement spending cuts and structural reforms. Austerity also remains at the heart of the Fund's debt sustainability policies. read article... An IMF for the 21st century - the low-income country perspective Civil society event at the World Bank spring meetings 2010, 22 AprilCivil society event at the World Bank spring meetings 2010, 22 April read article... Fundamental change or more of the same? A review of G20 progress towards UK civil society recommendationsIn this review, we assess the progress of the G20, and particularly of the UK government, towards the 12 policy recommendations as set out by the Put People First platform in March 2009 and identify areas where further progress should be pursued in 2010. This review shows that the international community needs to continue to focus on sustainable and equitable policy, by going far further than has so far been contemplated. read article... Evaluation: World Bank's PSIA contribution to country capacity 'negligible'A recent report by the World Bank's Independent Evaluation Group (IEG) on poverty and social impact analysis (PSIA) finds implementation problems and a "negligible" impact on developing country capacity, echoing long standing civil society critiques. read article... Nordic contributions to IMF trust fundThe Norwegian government has taken to parliament a proposal for a $450 million contribution to the IMF's poverty reduction and growth trust PRGT. The trust fund holds resources for subsidising IMF lending facilities for low-income countries. read article... IMF loans: still pinching vulnerable countries where it hurts mostRecent papers by academics and civil society reveal that the IMF's claims of reform on conditionality do not stand up to close scrutiny. read article... Farming furore: World Bank launches new agriculture fundThe Bank’s new multi-billion dollar agriculture trust fund has got off the ground while its recent agriculture strategy signals a renewed attempt to push the controversial policies of the 2008 World Development Report. read article... IEG calls for overhaul of World Bank's lending criteriaThe withholding of a critical evaluation of the World Bank’s method of allocating lending to low-income countries raises suspicions that the Bank is seeking to avoid public criticism in advance of the upcoming negotiations for replenishment of the Bank’s cheap loan arm. read article... |
Articles: 2881 Related itemsRecent briefings & reports
Fundamental change or more of the same?: A review of G20 progress towards UK civil society recommendations 22 April 2010
IMF financial package for low-income countries: Much ado about nothing? 7 August 2009
The potential development implications of enhancing the IMF's resources 4 August 2009
Beyond the London Summit: Assessing the UK government's response to the financial crisis and charting a way forward 13 June 2009
Bretton Woods Project submission on the DFID White Paper 11 May 2009
Put People First: Ensuring a response to the economic crisis that delivers democratic governance of the economy for jobs, justice and climate 13 March 2009 ResourcesStanding in the way of development? 20 April Prioritizing expenditures for a recovery with a human face 1 April Analyzing the effects of policy reform on the poor 12 March World Bank fails to assess the impacts of their advice on the poor 22 February Advanced draft of IEG evaluation of the World Bank CPIA 11 February The IMF, the global crisis and human resources for health 21 January Productive incoherence in an uncertain world 20 January Education for all - Global monitoring report 2010 19 January Report on the world social situation 2010 15 January Newswire |
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