Chapter 1 Introduction: Origin and Objectives of the PRSP and the PRGF and Scope of the Evaluation
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Mr. David John Goldsbrough
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Mrs. Isabelle Mateos y Lago
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Mr. Martin D Kaufman
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Mr. Daouda Sembene
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Mr. Tsidi M Tsikata
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Mr. Steve K Mugerwa
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Mr. Alex Segura-Ubiergo
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Mr. Jeff Chelsky
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Abstract

The IMF and the World Bank introduced the Poverty Reduction Strategy Paper (PRSP) approach in 1999 to strengthen their approach to providing assistance to low-income countries, including both new financial assistance and debt relief under the enhanced Heavily Indebted Poor Country (HIPC) Initiative. The new approach was accompanied by the transformation of the Enhanced Structural Adjustment Facility (ESAF)—the IMF’s concessional lending window—into the Poverty Reduction and Growth Facility (PRGF), with a view to giving a more central role to pro-poor growth considerations in the design of IMF-supported programs in low-income countries.

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  • World Bank and International Monetary Fund, 2001c, “IMF–World Bank Collaboration on Program Conditionality,” July (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2002a, “External Comments and Contributions on the Joint Bank/Fund Staff Review of the PRSP Approach,” Volume I: Bilateral Agencies and Multilateral Institutions (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2002b, “External Comments and Contributions on the Joint Bank/Fund Staff Review of the PRSP Approach,” Volume II: Civil Society Organizations and Individual Contributions (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2002c, “Operationalizing Bank-Fund Collaboration in Country Programs and Conditionality,” Guidance Note, April (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2002d, “Guidelines for JSAs of PRSP Progress Report,” June (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2002e, “Market Access for Development Country Exports—Selected Issues,” September (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2003a, “Achieving the MDGs and Related Outcomes—A Framework for Monitoring Policies and Actions,” Paper Prepared by the staffs of the Fund and the World Bank for Consideration by the Committee of the Whole for the Development Committee, EB/CW/DC/03/3, February (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2003b, “A User’s Guide to Poverty and Social Impact Analysis,” (Washington: World Bank Poverty Reduction Group and Social Development Departments); available via the Internet at (http://www.worldbank.org/psia).

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  • World Bank and International Monetary Fund, 2003c, “Poverty Reduction Strategy Papers—Progress in Implementation Report,” September (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2004a, Global Monitoring Report on Policies and Actions to Achieve MDGs and Related Outcomes, March (Washington: World Bank and International Monetary Fund).

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  • World Bank and International Monetary Fund, 2004b, “Strengthening IMF–World Bank Collaboration on Country Programs and Conditionality—Progress Report,” March, EBM/04/26 (Washington: World Bank and International Monetary Fund).

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  • World Development Movement, 2001, “Policies to Roll-Back the State and Privatise? PRSPs Investigated,” A Debt Policy Report (Washington: World Development Movement).

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  • Zuckerman, Elaine, and Ashley Garrett, 2003, “Do Poverty Reduction Strategy Papers (PRSPs) Address Gender? A Gender Audit of 2002 PRSPs,” Gender Action; available via the Internet at http://www.gender.action.org.

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