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Social Science > Poverty and Homelessness

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Cover Poverty and Social Impact Analysis by the IMF
Poverty and Social Impact Analysis by the IMF
Review of Methodology and Selected Evidence
Mr. Robert Gillingham

Abstract

The Poverty Reduction and Growth Facility (PRGF) is used by the IMF to provide support for countries’ implementation of their poverty reduction and growth strategies. A key requirement in the design of PRGF programs is understanding the effects of reform program measures on vulnerable groups—particularly the poor—and how to devise measures to mitigate any negative effects. Poverty and social impact analysis (PSIA) is a critical instrument for pursuing this goal. The IMF has therefore established a small group of staff economists to facilitate the integration of PSIA into PRGF-supported programs. In this book, the group’s members review analytical techniques used in PSIA as well as several important topics to which PSIA can make valuable contributions. These reviews should prove useful and interesting to readers interested in PSIA in general and the IMF’s PSIA efforts in particular.

Keywords:
BOOK; price; country; liberalization; devaluation; CGE model; subsidy reform; PSIA group; macro-poverty link; poverty impact; SAM multiplier analysis; growth strategy; Trade liberalization; Value-added tax; Personal income; Consumption; Africa; Sub-Saharan Africa; Southern Africa; East Africa; Caribbean
Cover IMF Staff Country Reports
Nepal: Poverty Reduction Strategy Paper Progress Report
International Monetary Fund
This paper examines Nepal’s Poverty Reduction Strategy Paper Progress Report. Recurrent expenditures remained high owing to the high military and security expenditures. The expansion of rural credits through rural credit institutions, both in the government and nongovernment sectors, the technical support and social mobilization campaign by different nongovernmental agencies, and poverty reduction programs in the government have helped improve employment opportunities in agriculture, resulting in a better life of the common people.
Keywords:
ISCR; CR; private sector; fiscal year; capital expenditure; foreign aid; money supply; annual budget; development programme; management system; net profit; narrow money; social inclusion; development expenditure; reform agenda; government development expenditure; local government; government system; Total expenditures; Global; South Asia
Cover IMF Staff Country Reports
Nepal: Poverty Reduction Strategy Paper Annual Progress Report: Joint Staff Advisory Note
International Monetary Fund
This note documents slow economic growth and significant delays in reform implementation owing to continued political instability and conflict. The annual progress report (APR) reviews progress in the power sector, but does not mention some critical challenges. It outlines some progress in public sector reforms and private sector development. The APR analyzes the impact on disadvantaged groups of several government of Nepal’s programs, but recognizes a decrease in spending for targeted programs. Progress has been made in finalizing and launching of a framework for monitoring and evaluation.
Keywords:
ISCR; CR; APR review; APR report; APR preparation; poverty reduction strategy paper Annual Progress Report; growth; APR's emphasis; next APR; PRS objective; Poverty reduction strategy
Cover IMF Staff Country Reports
Nepal: Poverty Reduction Strategy Paper Progress Report
International Monetary Fund
The achievements in the third year of the Poverty Reduction Strategy Paper implementation have been satisfactory, given the difficult development environment resulting from the violent conflict and continued political instability. Nepal’s macrolevel indicators remain stable, despite growing pressure on the government budget. Nepal should continue with bolder reforms and development measures. Nepal also needs to begin planning eventual reconstruction and rehabilitation of those affected by the conflict, to be able to quickly respond to the situation when peace is established.
Keywords:
ISCR; CR; private sector; gross domestic product; business plan; capital expenditure; development programme; public enterprise; Total expenditures; Global
Cover IMF Staff Country Reports
Nepal: 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Nepal
International Monetary Fund
This 2005 Article IV Consultation highlights that Nepal’s economic growth has been affected by the political turmoil and conflict, although inflation has remained moderate, and international reserves are adequate. Real GDP growth averaged 2 percent during 2000/01–2004/05, compared with the 1990s when growth in agricultural productivity and significant trade liberalization contributed to average real GDP growth of 5 percent. Inflation has remained in the low single digits, although it rose to 7¾ percent in mid-October 2005. The overall and domestically financed deficits remained limited in 2004/05.
Keywords:
ISCR; CR; government; arrears; spending; exchange rate; broad money; private sector; Nepalese authorities; authorities request; implementation strategy; Budget planning and preparation; South Asia; Global; East Asia; Asia and Pacific
Cover IMF Staff Country Reports
Nepal: Poverty Reduction Strategy Paper Progress Report
International Monetary Fund
This progress report presents key findings of the assessment of Nepal’s Tenth Plan—Poverty Reduction Strategy Paper (PRSP). The report presents an overview of poverty in Nepal, the key elements of the Poverty Reduction Strategy and its linkages with the Millennium Development Goals. It discusses some of the key macroeconomic indicators and achievements. It also sums up government efforts to realign public expenditure management for supporting the PRSP goals. Achievements by sectors are documented. Performance in terms of institutional reforms and governance improvements is also described.
Keywords:
ISCR; CR; business plan; private sector; public expenditure; economic growth; foreign aid; annual budget; social inclusion; Poverty reduction; South Asia
Cover IMF Staff Country Reports
Nepal: Joint Staff Assessment of the Poverty Reduction Strategy Paper
International Monetary Fund
The Joint Staff Assessment on Nepal’s Poverty Reduction Strategy Paper (PRSP) highlights the PRSP process aimed to provide sustainable macroeconomic framework, improving governance and the overall policy environment. It reviews the execution of the envisaged programs, expenditure planning, public expenditure management system, and the effectiveness of the monitoring system. It also identifies some shortcomings of the PRSP that could be addressed over time and reflected in the annual progress reports to ensure that the strategy is fully effective and operational.
Keywords:
ISCR; CR; The PRSP reform; growth target; The PRSP scenario; PRSP process; preparation process; PRSP policy; PRSP scenario; PRSP agenda; PRSP reform; PRSP benchmark; government school; PRSP strategy; Poverty reduction strategy; Public sector; Poverty reduction; Global
Cover IMF Staff Country Reports
Nepal: Poverty Reduction Strategy Paper
International Monetary Fund
Nepal has a well-established process for preparing periodic development plans, having prepared nine such plans earlier. Typically, the preparation of the new plan starts with the mid-term review of the ongoing plan, which serves as a base for the Approach Paper for the new plan. The Approach Paper, which provides broad guidelines and targets an indicative resource framework for the new plan, is approved by the National Development Council (NDC). The plan is then prepared and finalized after discussion and approval by the National Planning Commission and then by the Cabinet.
Keywords:
ISCR; CR; private sector; economic growth; public expenditure; per capita income; social inclusion; poverty rate; balance of payments; central government; reduction strategy; fiscal year; Poverty reduction strategy; Poverty reduction; Global; South Asia