Nicaragua : Evaluation of the Poverty Reduction Strategy Paper Process and Arrangements under the Poverty Reduction and Growth Facility

The International Monetary Fund (IMF) and the World Bank introduced the Poverty Reduction Strategy Paper (PRSP) process in 1999 to strengthen the poverty alleviation focus of their assistance to low-income countries. This report reviews Nicaragua s experience with the PRSP process, focusing on the effectiveness of IMF and World Bank support to the process and the extent to which the two institutions lending and non-lending activities in the country are aligned to the objectives of the PRSP approach. The report is structured as follows: section B provides background on poverty, the political and economic context, and history of national strategies in Nicaragua. Section C analyzes the PRSP process focusing on application of underlying principles, including through formulation and implementation processes. Section D evaluates the support of the IMF through the PRGF. Section E assesses the support of the World Bank to the PRSP process. Section V summarizes the main findings and attempts to draw lessons for the PRSP process and for Bank and Fund operations.

Bibliographic Details

Main Author:	Operations Evaluation Department
Language:	English en_US
Published:	World Bank, Washington, DC 2004-07-06
Subjects:	ACCOUNTABILITY, ADJUSTMENT LENDING, AGRICULTURAL EXPORTS, AGRICULTURAL OUTPUT, AGRICULTURAL PRODUCTS, AGRICULTURAL SECTOR, AID DEPENDENCE, ANTICORRUPTION, ANTICORRUPTION AGENDA, ANTICORRUPTION EFFORTS, BANKING CRISIS, BANKS, CHILD MORTALITY, CHRONIC MALNUTRITION, CITIZENS, CIVIL SOCIETY, CIVIL SOCIETY ORGANIZATIONS, COLLAPSE, CONFIDENCE, CONSULTATION PROCESS, CONSULTATIVE PROCESS, CORRUPTION, COUNTRY CASE, CRISES, DATA COLLECTION, DEBT RELIEF, DEMOCRACY, DEVELOPMENT GOALS, DEVELOPMENT INDICATORS, DEVELOPMENT POLICY, DEVELOPMENT STRATEGIES, DEVELOPMENT STRATEGY, DISADVANTAGED GROUPS, DROUGHT, ECONOMIC ACTIVITY, ECONOMIC CONDITIONS, ECONOMIC GROWTH, ECONOMIC POLICY, EDUCATIONAL ATTAINMENT, ENFORCEABILITY, EQUAL DISTRIBUTION, EXTERNAL FACTORS, EXTERNAL SHOCKS, EXTREME POVERTY, EXTREME POVERTY LINE, FINANCIAL INSTITUTIONS, FINANCIAL MANAGEMENT, FINANCIAL SECTOR, FOREIGN AID, GENDER BIAS, GOOD GOVERNANCE, GOVERNANCE INDICATOR, GOVERNANCE INDICATORS, GOVERNANCE ISSUES, GOVERNANCE PROBLEMS, GOVERNMENT EFFECTIVENESS, GOVERNMENT OFFICIALS, GROSS DOMESTIC PRODUCT, GROWTH RATE, GROWTH RATES, HEALTH SERVICES, HIGH CONCENTRATION, HIGH GROWTH, HIGH RATE OF POPULATION GROWTH, HUMAN CAPITAL, HUMAN RIGHTS, IMPROVING GOVERNANCE, INCIDENCE OF POVERTY, INCOME GROWTH, INEQUALITY, INFANT MORTALITY, INFRASTRUCTURE INVESTMENT, INITIATIVE, INSTITUTIONAL CAPACITY, INSTITUTIONAL FRAMEWORK, INTERNATIONAL COMMUNITY, INTERNATIONAL DEVELOPMENT, INVESTMENT CLIMATE, JUDICIAL SYSTEM, JUDICIAL SYSTEMS, JUDICIARY, LACK OF INFORMATION, LAND TENURE INSECURITY, LAWS, LEADERSHIP, LEGAL INITIATIVES, LITERACY RATES, LIVING STANDARDS, LOW-INCOME COUNTRIES, MACROECONOMIC ENVIRONMENT, MACROECONOMIC FRAMEWORK, MACROECONOMIC MANAGEMENT, MACROECONOMIC POLICIES, MACROECONOMIC POLICY, MACROECONOMIC STABILITY, MACROECONOMIC STABILIZATION, MARKET ECONOMY, MEDIUM TERM, MILLENNIUM DEVELOPMENT GOALS, MINISTER, NATIONAL ACCOUNTS, NATIONAL COUNCIL, NATIONAL DEVELOPMENT, NATIONAL LEVEL, NATIONAL STRATEGIES, NATIONAL STRATEGY, PARTICIPATORY PROCESS, PARTICIPATORY PROCESSES, PATRONAGE, PERFORMANCE CRITERIA, POLICY ALTERNATIVES, POLICY DEBATE, POLICY FORMULATION, POLICY FRAMEWORK, POLICY OPTIONS, POLICY PROCESS, POLICY PROCESSES, POLITICAL CONSIDERATIONS, POLITICAL ECONOMY, POLITICAL FEASIBILITY, POLITICAL INSTABILITY, POLITICAL PARTIES, POLITICAL STABILITY, POLITICAL SYSTEM, POOR, POOR AREAS, POOR COUNTRIES, POOR PEOPLE, POOR POPULATION, POVERTY ALLEVIATION, POVERTY ASSESSMENT, POVERTY ASSESSMENTS, POVERTY INCIDENCE, POVERTY INDICATORS, POVERTY LINE, POVERTY LINES, POVERTY MAP, POVERTY PROFILE, POVERTY REDUCING, POVERTY REDUCTION, POVERTY REDUCTION EFFORTS, POVERTY REDUCTION POLICIES, POVERTY REDUCTION STRATEGY, POVERTY REDUCTION STRATEGY PAPER, POVERTY REDUCTION STRATEGY PAPERS, PRICE STABILITY, PRIMARY EDUCATION, PRIVATE SECTOR REPRESENTATIVES, PRO-POOR, PROGRESS, PROPERTY RIGHTS, PUBLIC DEBATE, PUBLIC EXPENDITURE, PUBLIC EXPENDITURES, PUBLIC INFRASTRUCTURE, PUBLIC INSTITUTIONS, PUBLIC INVESTMENT, PUBLIC POLICIES, PUBLIC POLICY, PUBLIC SECTOR, PUBLIC SECTOR REFORM, PUBLIC SERVICE, PUBLIC SPENDING, REFORM EFFORTS, REGULATORY QUALITY, RELATIVE IMPORTANCE, RESOURCE ALLOCATION, RULE OF LAW, RULING PARTY, RURAL, RURAL ACTIVITIES, RURAL AREAS, RURAL DEVELOPMENT, RURAL INCOME, RURAL PHENOMENON, RURAL POOR, RURAL POPULATION, RURAL POVERTY, SAFETY NET, SAFETY NETS, SECONDARY ENROLLMENT, SECTOR REFORMS, SENIOR GOVERNMENT OFFICIALS, SERVICE DELIVERY, SIGNIFICANT IMPACT, SOCIAL DEVELOPMENT, SOCIAL IMPACT, SOCIAL POLICIES, SOCIAL PROGRAMS, SOCIAL PROTECTION, SOCIAL SECTOR, SOCIAL SERVICES, SOCIAL SPENDING, STANDARD DEVIATION, STRUCTURAL ADJUSTMENT, SUSTAINABLE DEVELOPMENT, TARGETING, TECHNICAL ASSISTANCE, TRADE SHOCKS, TRANSPARENCY, UNEMPLOYMENT, VIOLENCE, VULNERABILITY, VULNERABLE GROUPS,
Online Access:	http://documents.worldbank.org/curated/en/2004/07/20106098/nicaragua-evaluation-poverty-reduction-strategy-paper-prsp-process-arrangements-under-poverty-reduction-growth-facility-prgf https://hdl.handle.net/10986/20216
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