Each system owns different resources which need to be prioritized for bringing economic equilibrium in the society. This study identifies equilibrium in economic development and its relationship with social capital. Inter temporal accumulation of social capital of certain quantum takes place...

Liberia’s Poverty Reduction Strategy Paper highlights the civil war as the underlying cause of extreme poverty. A major challenge for the government is to attract more donor aid and private investment in the provision of infrastructure given its own limited budget and the constraints on...

This paper reviews the joint advice of the staffs of the World Bank and the International Monetary Fund on the Interim Poverty Reduction Strategy Paper (I-PRSP). This I-PRSP outlines the main areas envisaged to reduce poverty and the measures for the implementation of the full Poverty Reduction...

Executive Directors believe that the Growth and Poverty Reduction Strategy (GPRS) outlines a comprehensive framework for growth and poverty reduction in Ghana. The GPRS II rightly emphasizes private sector-led growth as key to broadening the country’s economic base. The GPRS II will...

This paper discusses the Interim Poverty Reduction Strategy Paper (I-PRSP) of Grenada for poverty reduction in the interim period. It describes the country’s macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing...

This paper presents a Joint Staff Advisory Note of Rwanda’s Poverty Reduction Strategy Paper (PRSP) Annual Progress Report. To enhance transparency and accountability, planning and budgeting processes necessary for the monitoring of the PRSP have improved, an organic budget law has been...

This paper examines Moldova’s Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) covering 2004–06. The EGPRSP has the potential to become an effective tool for continuous strategic planning, and for providing for the prioritization of strategic objectives and the...