Poverty Reduction Support Credits: An Evaluation Of World Bank Support

Nonfiction, Social & Cultural Studies, Political Science, Government, Social Policy
Cover of the book Poverty Reduction Support Credits: An Evaluation Of World Bank Support by Kumar Anjali, World Bank
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Kumar Anjali ISBN: 9780821383056
Publisher: World Bank Publication: May 21, 2010
Imprint: Language: English
Author: Kumar Anjali
ISBN: 9780821383056
Publisher: World Bank
Publication: May 21, 2010
Imprint:
Language: English
This evaluation examines the relevance and effectiveness of Poverty Reduction Support Credits (PRSCs), introduced by the Bank in early 2001 to support comprehensive growth, improve social conditions, and reduce poverty in IDA countries. PRSCs were intended to allow greater country-ownership, provide more predictable annual support, exhibit more flexible conditionality, and strengthen budget processes in a results-based framework. By September 2009, the Bank had approved 99 PRSCs totaling some 7.5 billion and representing 38% percent of IDA policy based lending.The evaluation finds that in terms of process, PRSCs were effective in easing conditionality, increasing country ownership and aid predictability, stimulating dialogue between central and sectoral ministries, and improving donor harmonization. In terms of content, PRSCs succeeded in emphasizing public sector management and pro-poor service delivery. Yet in terms of results, it is difficult to distinguish growth and poverty outcomes in countries with PRSCs from other better performing IDA countries.There is scope for further simplifying the language of conditionality and underpinning PRSCs with better pro-poor growth diagnostics. PRSCs can also strengthen their results frameworks and limit sector policy content in multi-sector DPLs to high-level or cross-cutting issues. Today, Bank policy has subsumed PRSCs under the broader mantle of Development Policy Lending and the rationale for a separate 'brand name' although differences linger from the past. Since PRSCs and other policy-based lending have gradually converged in design, remaining differences compared to other Development Policy Loans should be clearly spelled out, or the separate PRSC brand name should be phased out.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
This evaluation examines the relevance and effectiveness of Poverty Reduction Support Credits (PRSCs), introduced by the Bank in early 2001 to support comprehensive growth, improve social conditions, and reduce poverty in IDA countries. PRSCs were intended to allow greater country-ownership, provide more predictable annual support, exhibit more flexible conditionality, and strengthen budget processes in a results-based framework. By September 2009, the Bank had approved 99 PRSCs totaling some 7.5 billion and representing 38% percent of IDA policy based lending.The evaluation finds that in terms of process, PRSCs were effective in easing conditionality, increasing country ownership and aid predictability, stimulating dialogue between central and sectoral ministries, and improving donor harmonization. In terms of content, PRSCs succeeded in emphasizing public sector management and pro-poor service delivery. Yet in terms of results, it is difficult to distinguish growth and poverty outcomes in countries with PRSCs from other better performing IDA countries.There is scope for further simplifying the language of conditionality and underpinning PRSCs with better pro-poor growth diagnostics. PRSCs can also strengthen their results frameworks and limit sector policy content in multi-sector DPLs to high-level or cross-cutting issues. Today, Bank policy has subsumed PRSCs under the broader mantle of Development Policy Lending and the rationale for a separate 'brand name' although differences linger from the past. Since PRSCs and other policy-based lending have gradually converged in design, remaining differences compared to other Development Policy Loans should be clearly spelled out, or the separate PRSC brand name should be phased out.

More books from World Bank

Cover of the book Doing Business: An Independent Evaluation: Taking The Measure Of The World Bank-Ifc Doing Business Indicators by Kumar Anjali
Cover of the book Beyond Reforms: Structural Dynamics And Macroeconomic Vulnerability by Kumar Anjali
Cover of the book High-Growth Firms by Kumar Anjali
Cover of the book Dancing With Giants: China, India, And The Global Economy by Kumar Anjali
Cover of the book World Bank East Asia And Pacific Economic Update 2010, Volume 1 by Kumar Anjali
Cover of the book Highways to Success or Byways to Waste by Kumar Anjali
Cover of the book Global Investment Competitiveness Report 2017/2018 by Kumar Anjali
Cover of the book The United States-Honduras Remittance Corridor: Acting On Opportunity To Increase Financial Inclusion And Foster Development Of A Transitional Economy by Kumar Anjali
Cover of the book What Can We Learn From Nutrition Impact Evaluations?: Lessons From A Review Of Interventions To Reduce Child Malnutrition In Developing Countries by Kumar Anjali
Cover of the book Confronting Poverty in Iraq: Main Findings by Kumar Anjali
Cover of the book Economic Mobility and the Rise of the Latin American Middle Class by Kumar Anjali
Cover of the book Privatization In Latin America: Myths And Reality by Kumar Anjali
Cover of the book Sustaining Forests: A Development Strategy by Kumar Anjali
Cover of the book Voice and Agency by Kumar Anjali
Cover of the book The Media And Development: What's The Story? by Kumar Anjali
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy