Publication:
Poverty Reduction Support Credits : An Evaluation of World Bank Support

dc.contributor.authorWorld Bank
dc.date.accessioned2012-08-13T11:51:42Z
dc.date.available2012-08-13T11:51:42Z
dc.date.issued2009-11
dc.description.abstractPoverty Reduction Support Credits (PRSCs) were intended to help countries implement comprehensive, country-owned development strategies to promote growth, improve social conditions, and reduce poverty. PRSCs were intended to ease conditionality, make annual flows to recipient countries predictable and integrated with their budgets, strengthen domestic budget processes, provide a framework for donor harmonization, and focus on achieving results. In terms of process, PRSCs have worked well. Findings show that they incorporated many envisaged changes in design and implementation. These include stronger country ownership, eased conditionality, and a shift of focus towards public sector management and pro-poor service delivery. PRSCs balanced tensions between predictability and program credibility. Although PRSCs differed from preceding adjustment loans, development policy lending today has converged towards a similar design. PRSCs today are subject to the same guidelines as other Development Policy Loans (DPLs). Differences remain in practice in terms of the association with PRSPs, broad scope, programmatic nature, and country performance. The evaluation recommends either that PRSCs be phased out as a separate brand name or that these differences be clearly spelled out.en
dc.identifierhttp://documents.worldbank.org/curated/en/2009/11/12815142/poverty-reduction-support-credits-evaluation-world-bank-support
dc.identifier.doi10.1596/10515
dc.identifier.urihttps://hdl.handle.net/10986/10515
dc.languageEnglish
dc.publisherWashington, DC
dc.relation.ispartofseriesIEG Fast Track Brief
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectADJUSTMENT LENDING
dc.subjectADJUSTMENT LOANS
dc.subjectAID COORDINATION
dc.subjectBANK POLICY
dc.subjectBENCHMARKS
dc.subjectCAPACITY BUILDING
dc.subjectCIVIL SOCIETY
dc.subjectCOMPREHENSIVE DEVELOPMENT
dc.subjectCOMPREHENSIVE DEVELOPMENT FRAMEWORK
dc.subjectCORRUPTION
dc.subjectCOUNTRY ASSISTANCE
dc.subjectCOUNTRY ASSISTANCE STRATEGIES
dc.subjectCOUNTRY PERFORMANCE
dc.subjectCREDIBILITY
dc.subjectCREDITS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDISBURSEMENTS
dc.subjectECONOMIC GROWTH
dc.subjectEXPENDITURE
dc.subjectFINANCIAL MANAGEMENT
dc.subjectINITIATIVE
dc.subjectINSTRUMENT
dc.subjectINVESTMENT CLIMATE
dc.subjectLEADERSHIP
dc.subjectLENDERS
dc.subjectLENDING PORTFOLIO
dc.subjectLOAN
dc.subjectMACROECONOMIC ADJUSTMENT
dc.subjectMONETARY FUND
dc.subjectPORTFOLIO
dc.subjectPROCUREMENT
dc.subjectRESOURCE ALLOCATION
dc.subjectSECTOR PROJECTS
dc.subjectSERVICE DELIVERY
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectTRANCHE
dc.subjectTRANSACTIONS COSTS
dc.subjectTRANSPARENCY
dc.subjectWATER SUPPLY
dc.titlePoverty Reduction Support Credits : An Evaluation of World Bank Supporten
dspace.entity.typePublication
okr.date.disclosure2010-09-29
okr.date.doiregistration2025-04-29T09:55:40.409861Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2009/11/12815142/poverty-reduction-support-credits-evaluation-world-bank-support
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid673371468160184391
okr.identifier.externaldocumentum000333037_20100929013523
okr.identifier.internaldocumentum12815142
okr.identifier.report56816
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/09/29/000333037_20100929013523/Rendered/PDF/568160BRI00Box1desk121desk106104110.pdfen
okr.topicCountry Strategy and Performance
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicEconomic Theory and Research
okr.topicPublic Sector Corruption and Anticorruption Measures
okr.topicMacroeconomics and Economic Growth
okr.topicPublic Sector Development
okr.unitCountry Eval & Regional Rel (IEGCR)
okr.volume1 of 1
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