At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving...

This Annual Progress Report reviews the Poverty Reduction Strategy Paper and Economic and Social Plan for 2007 for Mozambique. The report presents the new simplified structure adopted in the Review of the First Half of 2007. In the international context, the evolution of the international...

This paper discusses key findings of the Poverty Reduction Strategy Paper (PRSP) for Côte d’Ivoire. The paper reveals that poverty is more acute in rural areas than in urban areas of Côte d’Ivoire. The increase of poverty is greater in the city of Abidjan, with about a 50 percent increase,...

This paper reviews the progress report on implementation of the National Strategy for Socio-Economic Development (NSSED) during 2004 in Albania. The NSSED established a multiyear plan to combat poverty and strengthen governance. The main implication of the Integrated Planning System for the...

This paper reviews Mongolia’s Economic Growth Support Poverty Reduction Strategy (EGSPRS) Implementation Progress Report 2004. Mongolia’s GDP grew by 5.6 percent in 2003, a fulfillment of the goal set out in the Main Guidelines for Economic and Social Development in 2003 to attain...

This paper discusses Mozambique’s Poverty Reduction Strategy Paper—Economic and Social Plan for 2005. In the international context, the paper presents the evolution of the international economy so as to understand under what economic conditions the country will have to implement...

This paper examines the progress report on Azerbaijan Republic’s Poverty Reduction Strategy Paper. The share of the production and non-oil sector in GDP has increased. The shares of industry, construction, wholesale, and retail and service sectors increased, while the shares of...

The report provides the details of the assessment on Mongolia’s Poverty Reduction Strategy Paper. It describes the Economic Growth and Poverty Reduction Strategy (EGPRS), which presents main policy directions of the government with a focus on economic growth acceleration and poverty...

This paper focuses on the National Strategy for Accelerated Poverty Reduction for Bangladesh. The paper discusses that accelerating growth and bringing a pro-poor orientation in the growth process would be achieved through emphasizing four priority areas: accelerated growth in rural areas and...

This paper reviews the Annual Progress Report for Rwanda’s Poverty Reduction Strategy Paper (PRSP). The performance of the Rwandan economy improved in 2004. GDP growth increased from 0.9 percent to 4.2 percent. The Government of Rwanda continued the implementation of its widespread...