The government of Burundi undertook to prepare the first Growth and Poverty Reduction Strategy Framework (GPRSF). The general framework for most economic and social development programs initiated by Burundi and its donors has been established. A general balance sheet of performance has also been...

Guinea-Bissau’s first National Poverty Reduction Strategy Paper (NPRSP) established the strategic directions, primary objectives, and commitments by the country and its people to reduce poverty and achieve the MDGs. The main objectives of the second NPRS are to make progress toward...

The paper presents the Annual Progress report on The Gambia’s Poverty Reduction Strategy Paper. This has enabled the government to substantially reduce the stock of domestic arrears that have been due to contractors, consultants, and suppliers and at the same time liquidate all loans owed...

This paper discusses findings of the annual progress report on the Poverty Reduction Strategy Paper for Burundi. The report reveals that a number of decisive steps have been taken to promote political governance. Training sessions organized for local elected officials and members of parliament...

To stimulate private sector credit expansions in Pakistan, the monetary policy has been accommodative while financial sector reforms have brought about a lowering of intermediation costs and bank spreads. Consequently, the weighted average lending rates have declined from 14.6 percent in June...

This Joint Staff Advisory Note reviews the first full Poverty Reduction Strategy Paper (PRSP) prepared by the government of Guinea-Bissau. The PRSP was prepared within a participatory process, and builds on grassroots consultations at the national level that involved all segments of society. The...

We trace the history of where and why investors from the most advanced countries directed funds, ultimately helping finance economic development in emerging market countries. To do this, we analyze the determinants of international investors' willingness to hold the external liabilities issued...

When parents in Senegal decide upon primary school enrollment of their children, they might consider future returns to education. These future benefits in turn heavily depend on a child's prospects to attend secondary school. If private returns to primary schooling are very low and secondary...