International Financial Institutions (IFI)
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Open the debate on the European Stability Mechanism: an emergency in the hands of citizens
20 January - S. Berwez -
The World Bank and IMF wish you a (bumpy) global economic recovery at the Spring Meetings
22 April 2011 - Jeroen Kwakkenbos, Nuria Molina -
CADTM South Asia meets in Colombo, Sri Lanka
17 December 2010 - Stéphanie Jacquemont -
4th CADTM South Asia Workshop
The IMF & Word Bank in the aftermath of the global crisis
10 December 2010 - Stéphanie Jacquemont -
IFI-induced debt catastrophes?
15 November 2010 - -
Presentation during South Asia workshop
Jute Economy of Bangladesh: A case study of IFI-led Privatization
21 December 2009 - A.K.M. Masud Ali -
A Stronger IMF and World Bank: Threat To Peoples of Both the South and North
12 October 2009 - Renaud Vivien, Damien Millet, Eric Toussaint -
The global food price crisis - a critique of orthodox perspectives
10 July 2009 - Walden Bello -
Small hopes for a shift leftwards in economy
9 July 2009 - Patrick Bond -
The doublespeak of a discredited IMF
12 March 2009 - Damien Millet, Eric Toussaint
Poverty Reduction Strategy Papers (PRSP)
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The End of poverty, press release
Who Will Pay For The Economic Crises A Controversial Documentary Screening in Twenty Countries For Poverty Week Knows the An
20 October 2008 - -
The World Bank suddenly discovers 400 more million poverty-ridden people
12 September 2008 - Damien Millet, Eric Toussaint -
G8 debt deal one year on:
6 July 2006 - -
IMF and World Bank ignore NGOs, new study says
9 June 2004 - Emad Mekay -
The myths and dangers of PRSPs
25 September 2003 - Demba Moussa Dembélé -
Poverty Reduction? or PRSP?
11 March 2003 - Shalmali Guttal -
PRSP in Pakistan
6 March 2003 - Collective
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Interview of Eric Toussaint by Radio France Internationale (RFI), Monday 27 October 2008 on 13H00 radio news.
« The IMF will take advantage of the present crisis to grant more and bigger loans. »
3 November 2008 - -
What are the alternatives for human development?
20 October 2008 - Eric Toussaint -
International Campaign on Illegitimate Debt
Resolution of solidarity and support for the people of Haiti
19 September 2008 - -
Natural Resources are the Common Goods of Humanity
20 July 2008 - CADTM -
Global Famine
1 June 2008 - Michel Chossudovsky -
Zambia: Debt Reduction Doesn’t Guarantee Debt Sustainability - World Bank
5 September 2006 - Mwila Nkonge -
GUINEA: Unions threaten indefinite strike
7 June 2006 - IRIN -
Dogmatic Development: Privatisation and conditionalities in six countries
7 April 2004 - War on Want, PSIRU
By the same author
Jenina Joy Chavez Malaluan
By the same author
Shalmali Guttal
Poverty Reduction Strategy Papers: A Poor Package for Poverty Reduction
May 2003 by Jenina Joy Chavez Malaluan, Shalmali Guttal
Jenina Joy Chavez Malaluan and Shalmali Guttal are members of the organisation FOCUS on the GLOBAL SOUTH.
The World Bank and the International Monetary Fund (IMF) claim that the Poverty Reduction Strategy Papers (PRSPs) signal a new approach to tackling the challenges of poverty alleviation and economic development among their low- income
clients. Launched in September 1999, the PRSP has replaced the old tripartite Policy Framework Paper (PFP) drawn up between the IMF, World Bank and a country government for concessional loans. Both the IMF and the World Bank are expected to align their respective lending programmes to a country’s PRSP: in the case of the IMF, the Poverty Reduction Growth Facility (PRGF)—the old Enhanced Structural Adjustment
Facility (ESAF)—and the Financial Programming Framework are expected to derive from the PRSP; with the World Bank, the Country Assistance Strategy (CAS) and all loans and grants must be based on the PRSP.
In this paper, we contend that little has changed in the substance, form and process of World Bank and IMF programmes.
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