Poverty Reduction Strategy Papers... Minority Rights Group International
Poverty World Bank IMF Trackbacks (0)Poverty Reduction Strategy Papers: failing minorities and indigenous peoples
When they were first introduced more than a decade ago, Poverty Reduction Strategy Papers (PRSPs) were roundly welcomed. PRSPs were initiated in 1999 by the International Monetary Fund (IMF) and World Bank for the eradication of poverty in Heavily Indebted Poor Countries (HIPCs) and other low-income countries.
Supported by the United Nations (UN), donor governments and civil society alike, they signalled a much greater role for those countries’ civil society organizations and community representatives in policymaking. Symbolically, the PRSPs represented a move towards a more just form of progress, and the recognition that economic growth alone is not sufficient in overcoming poverty.