This note is on Korea’s transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital markets has been presented. The note discusses restrictions on Chaebol ownership...

This report reviews the Priority Action Program (PAP) for Poverty Reduction Strategy Paper (PRSP) implementation in Burkina Faso. The PAP makes the PRSP operational and increases the visibility of public policies in the area of poverty reduction. The 2005–07 PAP is expected to help remove...

São Tomé and Principe’s economy is heavily dependent on the international economy. The study assessed the country's macroeconomic, structural, and social policies in support of growth and poverty reduction. The implementation of the National poverty reduction strategy (NPRS) through People's...

This Poverty Reduction Strategy Paper (PRSP) was developed based on a long participatory process based on an institutional mechanism involving all socioeconomic development actors in the country. The annual review of the PRSP seeks to assess the results achieved in the implementation of the...

This paper discusses Second National Poverty Reduction Strategy II (NPRS-II) (2012–2016) for Democratic Republic of São Tomé and Príncipe. A comparison of the results of the 2000 and 2010 poverty profile, based on the average income method, shows that there was progress in reducing poverty,...

The Poverty Reduction Strategy (PRS) of the Republic of Tajikistan for 2010–12 aims to serve as a medium-term program for the implementation of the National Development Strategy up to 2015. It will determine the major socioeconomic development of the country during this period, taking...

This is the third Annual Progress Report on the implementation of the Ghana Poverty Reduction Strategy (GPRS). Both the budget and the GPRS propose to tackle issues including reduction in the domestic debt, reduction of inflation to single digits, increasing revenue mobilization, curtailing...

This paper discusses the Poverty Reduction Strategy Paper (PRSP) for Burundi. The PRSP comes two and a half years after the approval in January 2004 by the Executive Boards of the IMF and the World Bank of the Interim PRSP (I-PRSP). The PRSP is also the outgrowth of a long period of negotiations...

The Poverty Reduction Strategy Paper for Togo builds on the strategy laid out in the Interim Strategy for Poverty Reduction (I-PRSP). Owing to circumstances largely beyond the control of the authorities, the results obtained under the implementation of the I-PRSP have been below expectations....

This Joint Staff Advisory Note presents key findings of the Poverty Reduction Strategy Paper Annual Progress Report for the Republic of Mozambique. The government of Mozambique is committed to its medium-term fiscal strategy to make room for private sector credit by avoiding recourse to domestic...