World Vision has produced a useful critique of the PRSP process and the IMF and World Bank’s role within it, PRSPs: Good News for the Poor? The booklet offers some helpful suggestions to the Bank and IMF to improve the PRSP process. It concludes, “Although proclaimed as a new degree of local control and poverty focus, the PRSPs could be seen by critics as no more than a route to buy off criticism for the Bank and the IMF. They are therefore, potentially more suited to meeting the needs of global institutions than to serving the needs of the poor.
As India has risen in the World Bank's Ease of Doing Business rankings, it has seen other key development indicators slip.
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