The Poverty Reduction Strategy Paper (PRSP) on Burkina Faso explains the status of the PRSP, implementation, and key strategic areas. Actions to reduce the vulnerability of the poor have had more noticeable impact, as have actions to increase employment opportunities and promote...

Regressions in a number of recent papers written by staff members of the World Bank and the IMF rely on an interaction variable (IAV) to establish the effects of foreign aid on economic growth or the reduction of poverty. The common assumption in these papers is that if the coefficient of this...