Publication: How Effective Have Poverty and Social Impact Analyses Been?
Date
2009-06
ISSN
Published
2009-06
Author(s)
World Bank
Abstract
The Poverty and Social Impact Analysis
(PSIA) approach, introduced by the World Bank in FY02, aimed
to help the Bank and its client countries anticipate and
address the possible consequences of proposed policy
reforms, especially on the poor and vulnerable, and to
contribute to country capacity for policy analysis.
According to the Bank, by FY07 it had undertaken 156 PSIAs
in 75 countries and 14 sectors. Total Bank and other donor
support to PSIAs over FY04-06 was $15 million. Development
literature has emphasized the importance of understanding
the institutional and political constraints to development,
building domestic ownership of policy reforms, and assessing
the distributional impacts of policy actions. The PSIA
approach has correctly emphasized these aspects. The Bank
has produced a substantial body of guidance on how to
address these aspects, and that guidance has been refined
over time to incorporate lessons learned. Development
literature has emphasized the importance of understanding
the institutional and political constraints to development,
building domestic ownership of policy reforms, and assessing
the distributional impacts of policy actions. The PSIA
approach has correctly emphasized these aspects. The Bank
has produced a substantial body of guidance on how to
address these aspects, and that guidance has been refined
over time to incorporate lessons learned.
Citation
“World Bank. 2009. How Effective Have Poverty and Social Impact Analyses Been?. IEG Fast Track Brief. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/694acbbc-414e-5f99-bd28-33b6ef6a539c License: CC BY 3.0 IGO.”