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Social Science > Poverty and Homelessness

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Cover IMF Staff Country Reports
Benin: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper presents stylized facts on Benin’s ongoing economic transformation, and analyzes the country’s new eco-system. A recent IMF paper explores conditions under which the country’s industrial policy could meet its intended goals while avoiding unintended economic distortions down the road. While economic diversification is found to be associated with higher economic growth, evidence on the causal impact of industrial policies is hard to establish. While empirical evidence suggests that Benin’s reliance on traditional sectors, notably the Port of Cotonou, is moderating, economic diversification remains limited. The government embarked on industrial policy with the transformation of local commodities as main engine, including via the launching of a Special Economic Zone (SEZ) in 2020. It is recommending that the authorities should pursue efforts to ensure transparency in the selection of SEZ-related incentives. Intra-regional trade integration holds significant potential for Benin and could support economic diversification. Ongoing post-electoral policy shifts in Nigeria and formalization underway of economic ties between both nations, if permanent, would curb rent-seeking in Benin.
Keywords:
demographics dividend; B. addressing Internet accessibility; infrastructure investment; Beninese government; completion rate; Digitalization; Exports; Global; Sub-Saharan Africa; West Africa
Cover Technical Notes and Manuals
IMF Engagement on Social Safety Net Issues in Surveillance and Program Work
International Monetary Fund. Fiscal Affairs Dept.
and
International Monetary Fund. Strategy, Policy, & Review Department
The International Monetary Fund’s engagement on social safety net (SSN) issues is likely to expand as member countries respond to growing challenges in the economic and fiscal landscape. SSNs play a crucial role in protecting households from poverty, promoting inclusive growth, and maintaining social stability. This technical note discusses (1) the different channels through which SSN spending may become macro-critical, (2) how to assess the importance of these channels, and (3) the types of policy responses that are appropriate and the trade-offs involved in choosing among them. To facilitate a more comprehensive assessment of SSN spending, the paper also examines the complementary role of labor market programs (for example, unemployment benefits and active labor market programs). The paper emphasizes the importance of early engagement and coordination with development partners with expertise on social safety nets and with different stakeholders when formulating policy advice.
Keywords:
Fiscal Policy; Social Protection; Social Safety Nets; Spending adequacy; Spending Efficiency; Fiscal Sustainability; SSN spending; labor market program; benefit incidence; SSN program; Benefit-cost ratio; Social assistance spending; Income; Labor markets; Poverty reduction; Sub-Saharan Africa; Global
Cover IMF Staff Country Reports
Democratic Republic of São Tomé and Príncipe: Poverty Reduction Strategy Paper
International Monetary Fund. African Dept.
This paper discusses Second National Poverty Reduction Strategy II (NPRS-II) (2012–2016) for Democratic Republic of São Tomé and Príncipe. A comparison of the results of the 2000 and 2010 poverty profile, based on the average income method, shows that there was progress in reducing poverty, albeit far less than expected. The ratio of the incidence of poverty decreased from 53.8 percent in 2000 to 49.6 percent in 2010, representing a reduction of 4.2 percentage points, which is far below the target set in the NPRS-I for 2010, and also shows relative improvement in the depth of poverty.
Keywords:
ISCR; CR; private sector; debt relief; foreign currency; interest rate; central bank; economic activity; financial crisis; foreign direct investment; primary sector; human resources; real GDP; exchange rate; Poverty reduction strategy; Global; Sub-Saharan Africa
Cover IMF Staff Country Reports
Benin: Joint Staff Advisory Note on the Poverty Reduction Strategy Paper
International Monetary Fund
Benin’s program furthers the objectives elaborated in the previous report. It is the result of a broad participative process that engaged all levels of government, the private sector, civil society, and donor partners. Executive Directors commend the program as it provides an adequate framework for poverty reduction. The strategy addresses the critical constraints and challenges facing Benin and builds on its comparative advantages. However, it lacks the specificity required to ensure results. Improving alignment of necessary actions and activities in support of the objectives with realistically available resources will help.
Keywords:
ISCR; CR; PRSP III; PRSP; III; government; implementation proceeds; development objective; infrastructure development; growth projection; land reform; transit trade; resource allocation; Poverty reduction strategy; Infrastructure; Global
Cover IMF Staff Country Reports
Bénin: Note consultative conjointe sur le document de stratégie pour la réduction de la pauvreté
International Monetary Fund
Depuis plusieurs années, le FMI publie un nombre croissant de rapports et autres documents couvrant l'évolution et les tendances économiques et financières dans les pays membres. Chaque rapport, rédigé par une équipe des services du FMI à la suite d'entretiens avec des représentants des autorités, est publié avec l'accord du pays concerné.
Keywords:
ISCR; CR; PRSP III; PRSP; III; government; implementation proceeds
Cover IMF Staff Country Reports
Bénin: Document de stratégie pour la réduction de la pauvreté
International Monetary Fund
Depuis plusieurs années, le FMI publie un nombre croissant de rapports et autres documents couvrant l'évolution et les tendances économiques et financières dans les pays membres. Chaque rapport, rédigé par une équipe des services du FMI à la suite d'entretiens avec des représentants des autorités, est publié avec l'accord du pays concerné.
Keywords:
ISCR; CR; private sector; economic growth; natural resources; priority action
Cover IMF Staff Country Reports
Benin: Poverty Reduction Strategy Paper
International Monetary Fund
This abstract discusses Benin’s poverty reduction strategy (PRS1). The PRS1 serves as both a strategic frame of reference and a framework for dialogue with technical and financial partners (TFPs). The six major phases involved in the preparation of the growth and poverty reduction strategy (GPRS) and design of the macroeconomic and budgetary framework have been explained in this paper. The impact of macroeconomic and budgetary framework on the attainment of the MDGs and on the poverty reduction is also reviewed.
Keywords:
ISCR; CR; private sector; economic growth; natural resources; priority action; public finance; government plan; civil society; local government; economic development; steering committee; Infrastructure; Global; West Africa
Cover IMF Staff Country Reports
Benin: Poverty Reduction Strategy Paper-Annual Progress Report
International Monetary Fund
This paper reviews the Annual Progress Report (APR) on Poverty Reduction Strategy Paper (PRSP) on Benin. The APR presents an overview of the implementation of the strategy addressing in turn the new vision of development in Benin, the major projects initiated for the creation of national wealth and the situation of poverty, and the achievement of the Millennium Development Goals in Benin. The APR also focuses on the level of implementation of the strategy, and deals with the monitoring of the macroeconomic and budgeting framework.
Keywords:
ISCR; CR; management system; rate of payment; government endeavour; III State; national budget; economic growth; private sector; sustainable development; development plan; human resources; natural resource; energy crisis; State authority; civil society; Global
Cover IMF Staff Country Reports
Niger: Document de stratégie de réduction de la pauvreté
International Monetary Fund
Depuis plusieurs années, le FMI publie un nombre croissant de rapports et autres documents couvrant l'évolution et les tendances économiques et financières dans les pays membres. Chaque rapport, rédigé par une équipe des services du FMI à la suite d'entretiens avec des représentants des autorités, est publié avec l'accord du pays concerné.
Keywords:
ISCR; CR; economic growth; private sector; mortality rate; civil society
Cover IMF Staff Country Reports
Niger: Poverty Reduction Strategy Paper
International Monetary Fund
The Government of the Republic of Niger has implemented the Poverty Reduction Strategy (PRS), which describes the country's macroeconomic, structural, and social policies in support of growth and poverty reduction. This strategy is based on the conviction that poverty can be reduced through strong and sustained economic growth that creates wealth and jobs. The study is the outcome of a concerted analysis. The first part outlines the diagnosis and key factors of poverty and the second part presents the major challenges, vision, overall goals, and strategic pillars.
Keywords:
ISCR; CR; economic growth; private sector; mortality rate; civil society; community development; low income; financial market; energy policy; human resources; Women; West Africa; Africa; Global; Europe; Asia and Pacific