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World Bank - The World Bank and the Poorest Countries: Support for Development in the 1990s

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    The World Bank and the Poorest Countries: Support for Development in the 1990s
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title The World Bank and the Poorest Countries author publisher - photo 1

title:The World Bank and the Poorest Countries
author:
publisher:World Bank
isbn10 | asin:0821327704
print isbn13:9780821327708
ebook isbn13:9780585233932
language:English
subjectStructural adjustment (Economic policy)--Developing countries, Debts, External--Developing countries, Economic assistance--Developing countries, World Bank--Developing countries.
publication date:1994
lcc:HC59.7I552 1994eb
ddc:332.1/532/091724
subject:Structural adjustment (Economic policy)--Developing countries, Debts, External--Developing countries, Economic assistance--Developing countries, World Bank--Developing countries.
Page i
The World Bank and the Poorest Countries
Support for Development in the 1990s
The World Bank
Washington, D.C.
Page ii
1994 The International Bank for Reconstruction
and Development / THE WORLD BANK
1818 H Street, N.W., Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing February 1994
The findings, interpretations, and conclusions expressed in this study are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, Suite 910, 222 Rosewood Dr., Danvers, Massachusetts 01923, U.S.A.
The complete backlist of publications from the World Bank is shown in the annual Index of Publications, which contains an alphabetical title list and indexes of subjects, authors, and countries and regions. The latest edition is available free of charge from the Distribution Unit, Office of the Publisher, at the address in the copyright notice or from Publications, World Bank, 66, avenue d'Ina, 75116 Paris, France.
Cover design by Walton Rosenquist
Library of Congress Cataloging-in-Publication Data
International Bank for Reconstruction and Development.
The World Bank and the poorest countries : support for development
in the 1990s.
p. cm.
ISBN 0-8213-2770-4
1. Structural adjustment (Economic policy)Developing countries.
2. Debts, ExternalDeveloping countries. 3. Economic assistance
Developing Countries. 4. World BankDeveloping countries.
I. Title.
HC59.7.I552 1994
332.1'532'091724dc20 94-849
CIP
Page iii
Foreword
Reducing poverty is the greatest challenge facing the world today. Progress has been made over the last generation in improving living standards in the poorest countries, but over a billion people still struggle in absolute poverty. Helping those people to climb out of poverty lies at the very core of developmentand is critical to the well-being of us all.
Over the past three decades, the International Development Association (IDA)the World Bank's concessional financing armhas become the centerpiece of the international effort to reduce poverty. IDA's assistance is made possible by the contributions of donor nations. Under the Ninth Replenishment of those fundswhich were committed between July 1990 and June 1993IDA gave special emphasis to helping the poorest countries invest in their people, improve their economic management, and protect their environment. In short, IDA was instrumental in helping to reduce poverty and promote sustainable development. This report summarizes those efforts.
As IDA builds upon experience and responds to evolving needs in our rapidly changing world, the Association's principal objective endures: to help the poorest people in the poorest countries achieve a better future for themselves and their children. Under the Tenth Replenishment of IDA, this work will continueand be intensified.
Picture 2
LEWIS T. PRESTON
PRESIDENT
THE WORLD BANK
JANUARY 24, 1994
Page v
Contents
List of Acronyms
viii
Glossary
ix
1. Introduction and Summary
1
Picture 3
Toward Sustainable Poverty Reduction
1
Picture 4
Overall Context and Aggregate Results for IDA9
2
Picture 5
Organization of the Report and Main Findings
3
2. Promoting Economic Reform
6
Picture 6
Supporting Adjustment Programs
6
Picture 7
New Reform Programs
7
Picture 8
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