Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility

Full Text of the Main Report

Summary of Major Findings, Lessons, and Recommendations

English

Foreword
1. Introduction: Origin and Objectives of the PRSP and the PRGF and Scope of the Evaluation
2. Implementation of the PRS Approach in Areas Relevant to the IMF Mandate
3. Joint Staff Assessments
4. PRGF-Supported Program Design
5. The IMF's Way of Doing Business
6. Is the New Approach Making a Difference?
Statement by the Managing Director on the IEO Evaluation
Staff Response to the IEO Evaluation
IEO Response to the Statement by the Managing Director and Staff Response
1. Survey of PRSP Stakeholders
2. Results from Survey of IMF Staff
3. PRSP Sourcebook: Does It Provide Adequate Space for Policy Flexibility, and Is It Based on Strong Empirical Evidence?
4. Assessment of the Adaptation of the IMF’s Internal Policy Process
5. Modalities of Participatory Processes: How Broad-Based Has Participation Been?
6. Qualitative Appraisal of Joint Staff Assessments
7. Determinants of Targeted and Actual Fiscal Adjustment
8. Composition of Targeted Changes in Expenditures and External Financing in IMF-Supported Programs
9. Changes in Domestic Policy Processes and Institutions: Evidence from Case Studies
Full Text of the Annexes
Summaries of Ten Country Case Studies Undertaken as Part of the IEO Evaluation of the PRSP/PRGF and OED Review of the Poverty Reduction Strategy (PRS) Process
Guinea
Mozambique
Nicaragua
Tajikistan
Tanzania
Vietnam
Results from the Survey of IMF Staff in Connection with the Evaluation of the PRSP/PRGF
IEO Releases Report on The IMF's Role in Poverty Reduction Strategy Papers (PRSPs) and the Poverty Reduction and Growth Facility (PRGF)
Revisiting the 2004 IEO Evaluation of The IMF's Role in PRSPs and the PRGF and the 2007 IEO Evaluation of The IMF and Aid to Sub-Saharan Africa