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Is the PRGF Living Up to Expectations?

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Listed:
  • Benedict J. Clements
  • Gabriela Inchauste
  • Nita Thacker
  • Thomas William Dorsey
  • Shamsuddin Tareq
  • Emanuele Baldacci
  • Sanjeev Gupta
  • Mark W. Plant

Abstract

In late 1999 the IMF established the Poverty Reduction and Growth Facility (PRGF) to integrate the objectives of poverty reduction and growth more fully into its operations for the poorest countries, and to base these operations on national poverty reduction strategies prepared by the country with broad participation of key stakeholders. A review of the program would be conducted two years later. This paper synthesizes two papers prepared by IMF staff: Review of the Poverty Reduction and Growth Facility: Issues and Options, and Review of the Key Features of the Poverty Reduction and Growth Facility: Staff Analyses. The paper draws on a broad range of internal and external views gathered between July 2001 and February 2002, including discussions at regional forums, meetings with donor government officials and representatives of civil society organizations, and comments of key officials in member countries with PRGF arrangements.

Suggested Citation

  • Benedict J. Clements & Gabriela Inchauste & Nita Thacker & Thomas William Dorsey & Shamsuddin Tareq & Emanuele Baldacci & Sanjeev Gupta & Mark W. Plant, 2002. "Is the PRGF Living Up to Expectations?," IMF Occasional Papers 216, International Monetary Fund.
  • Handle: RePEc:imf:imfocp:216
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=15910
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    References listed on IDEAS

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    1. Maurice Obstfeld, 2001. "International Macroeconomics: Beyond the Mundell-Fleming Model," NBER Working Papers 8369, National Bureau of Economic Research, Inc.
    2. Smets, Frank & Wouters, Raf, 2002. "An estimated stochastic dynamic general equilibrium model of the euro area," Working Paper Series 0171, European Central Bank.
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    Cited by:

    1. Eswar S Prasad, 2004. "China's Growth and Integration into the World Economy; Prospects and Challenges," IMF Occasional Papers 232, International Monetary Fund.
    2. Büttner, Thiess & Madzharova, Boryana, 2016. "WTO Membership and the Shift to Consumption Taxes," Annual Conference 2016 (Augsburg): Demographic Change 145780, Verein für Socialpolitik / German Economic Association.
    3. Toan Quoc Nguyen & Benedict J. Clements & Rina Bhattacharya, 2003. "External Debt, Public Investment, and Growth in Low-Income Countries," IMF Working Papers 03/249, International Monetary Fund.
    4. International Monetary Fund, 2006. "Selected African Countries; IMF Technical Assistance Evaluation: Public Expenditure Management Reform," IMF Staff Country Reports 06/67, International Monetary Fund.
    5. Erwin H Tiongson & Hamid R Davoodi & Sawitree S. Asawanuchit, 2003. "How Useful Are Benefit Incidence Analyses of Public Education and Health Spending," IMF Working Papers 03/227, International Monetary Fund.
    6. Graham Bird, 2004. "Growth, poverty and the IMF," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(4), pages 621-636.
    7. Gupta, Sanjeev & Clements, Benedict & Bhattacharya, Rina & Chakravarti, Shamit, 2004. "Fiscal consequences of armed conflict and terrorism in low- and middle-income countries," European Journal of Political Economy, Elsevier, vol. 20(2), pages 403-421, June.
    8. Martin Knoll, 2008. "Budget Support: A Reformed Approach Or Old Wine In New Skins?," UNCTAD Discussion Papers 190, United Nations Conference on Trade and Development.

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