Nicaragua: Evaluation of the Poverty Reduction Strategy Paper Process and Arrangements under the Poverty Reduction and Growth Facility

Operations Evaluation Department

No 20216 in World Bank Publications - Books from The World Bank Group

Abstract: The International Monetary Fund (IMF) and the World Bank introduced the Poverty Reduction Strategy Paper (PRSP) process in 1999 to strengthen the poverty alleviation focus of their assistance to low-income countries. This report reviews Nicaragua s experience with the PRSP process, focusing on the effectiveness of IMF and World Bank support to the process and the extent to which the two institutions lending and non-lending activities in the country are aligned to the objectives of the PRSP approach. The report is structured as follows: section B provides background on poverty, the political and economic context, and history of national strategies in Nicaragua. Section C analyzes the PRSP process focusing on application of underlying principles, including through formulation and implementation processes. Section D evaluates the support of the IMF through the PRGF. Section E assesses the support of the World Bank to the PRSP process. Section V summarizes the main findings and attempts to draw lessons for the PRSP process and for Bank and Fund operations.

Keywords: Poverty Reduction-Rural Poverty Reduction Public Sector Corruption and Anticorruption Measures Health; Nutrition and Population-Population Policies Poverty Reduction-Achieving Shared Growth Governance-Governance Indicators Public Sector Development (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbpubs:20216

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