CHAPTER 5 The Fight Against Poverty in Low-Income Countries
Author: International Monetary Fund
Language:
English
Keywords:
AR; AREA; country; policy; market; financing; IMF-World Bank; bank-IMF collaboration; IMF arrangement; trade policy advice; country ownership; Poverty reduction and development; Poverty reduction; Global

Abstract

The central objective of the IMF’s operations in low-income countries is deep and lasting poverty reduction, which requires sustained economic growth and policies directed toward the needs of the poor. These are most likely to come about when, first, policies are sound, tailored to the needs and circumstances of individual countries, country-owned, and supported by strong institutions; and, second, when such national efforts are reinforced by a supportive global economic environment and international assistance. When these other conditions are in place, international assistance can be highly effective.

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Cover International Monetary Fund Annual Report 2003
International Monetary Fund Annual Report 2003
Making the Global Economy Work for All
Author: International Monetary Fund
ISBN:
9781589062467
ISSN:
2227-8915
Publication Date:
09 Sep 2003
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589062467.011
Pages:
232