The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
Poverty Reduction Strategy Paper (PRSP) countries in Sub-Saharan Africa have shown
strong signs of growth resilience in the aftermath of the recent global crisis. Yet, this
paper finds evidence that growth has more than proportionately benefited the top quintile
during PRSP implementation. It finds that PRSP implementation has neither reduced
poverty headcount nor raised the income share of the poorest quintile in Sub-Saharan
Africa. While countries in other regions have been more successful in reducing poverty
and increasing the income share of the poor, there is no conclusive evidence that PRSP
implementation has played a role in shaping these outcomes.