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International Monetary Fund

Abstract

Summarizes the for ward-looking analytical work program on macroeconomic issues related to the Poverty Reduction Strategy Paper approach. The program is evolving through a process that began with a technical workshop; participants from low-income countries, donors, academia, and civil society drafted guidance on selected issues and identified priority research topics. Partners, policymakers, and economic scholars are encouraged to share their perspectives and findings through respective team leaders, whose e-mail addresses are provided. The publication also summarizes IMF analytical work, and contains a bibliography of nearly 1,000 papers.

International Monetary Fund. External Relations Dept.
Russia’s unexpectedly strong recovery since its 1998 crisis has left people wondering whether it is just a temporary result of higher oil prices and the postcrisis depreciation of the ruble or a sign ofdurable improvements in the much-battered economy. This question is addressed in the book Russia Rebounds, written by members of the IMF’s Russian team and due out later this year. John Odling-Smee, Director of the IMF’s European II Department, spoke with Laura Wallace about Russia’s prospects and its relationship with the IMF during the troubled 1990s. Odling-Smee, a U.K. national, joined the IMF in 1990 and took over responsibility for the IMF’s relations with former Soviet Union countries in 1992. Before that, he served in the U.K. Cabinet Office and Treasury for about 15 years.
International Monetary Fund

Abstract

The Poverty Reduction Strategy Paper (PRSP) approach has been broadly accepted as the operational framework for bringing together national policies and development assistance in support of low-income countries’ efforts to meet the Millennium Development Goals. The IMF, the World Bank, and other multilateral and bilateral development agencies are now committed to using the PRSP operational framework to support low-income countries; and the IMF is aligning the content and process of its operations to reflect this commitment.

International Monetary Fund

Abstract

The IMF is carrying out an extensive research program to examine key macroeconomic issues that confront low-income countries in the design and implementation of their national poverty reduction strategies. Drawing on findings from the 2002 joint World Bank-IMF review of the Poverty Reduction Strategy Paper approach and the IMF review of the Poverty Reduction Growth Facility, research projects are planned and under way in five priority areas:

International Monetary Fund

Abstract

IMF studies on the determinants of growth and poverty in low-income countries cover a broad range of themes, though almost all share an empirical approach to research. These studies broadly explore issues of income distribution, social safety nets, and productivity. Several papers have focused more narrowly on growth in sub-Saharan Africa—in particular, the relationship between HIV/AIDS and economic growth. Relatively fewer have dealt with the subject of savings and investment.

International Monetary Fund

Abstract

Summarizes the for ward-looking analytical work program on macroeconomic issues related to the Poverty Reduction Strategy Paper approach. The program is evolving through a process that began with a technical workshop; participants from low-income countries, donors, academia, and civil society drafted guidance on selected issues and identified priority research topics. Partners, policymakers, and economic scholars are encouraged to share their perspectives and findings through respective team leaders, whose e-mail addresses are provided. The publication also summarizes IMF analytical work, and contains a bibliography of nearly 1,000 papers.