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The World Bank Annual Report 2002 : Chapter 4 - Thematic Perspectives

By The World Bank

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Book Id: WPLBN0000189432
Format Type: PDF eBook
File Size: 1.4 MB
Reproduction Date: 2005
Full Text

Title: The World Bank Annual Report 2002 : Chapter 4 - Thematic Perspectives  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

Description
Economics

Excerpt
In fiscal 2002 the World Bank intensified its efforts to help countries address social, structural, and economic aspects of poverty, in particular by ensuring that its support for poverty reduction reflected the priorities of developing countries themselves and by working to sharpen the impact of its own work on fighting poverty. STRATEGY: Sustained economic growth remains critical for poverty reduction.Without it, poor people?s prospects for greater opportunity, empowerment, and security? essential elements of the strategy for poverty reduction described in the World Development Report 2000/2001?will be harder to realize. Thus growth is a necessary condition for attacking poverty?but it is not a sufficient one. Bank poverty reduction activities therefore extend beyond supporting growth in member countries to fostering poor countries? leadership in poverty reduction strategy making, addressing gender inequalities, investing in poor people and empowering them, supporting key aspects of good governance and institutional reform, and helping countries participate effectively in the global trading system. Highlights of activities in these areas during fiscal 2002 included conducting (jointly with the International Monetary Fund [IMF]) a comprehensive review of the Poverty Reduction Strategy Paper (PRSP) approach, launching a strategy to integrate gender into the mainstream of Bank lending and nonlending work, and designing a framework for empowerment strategies.Meanwhile, responding to the challenge of the World Trade Organization (WTO) ministerial meeting in Doha, Qatar, the Bank stepped up its efforts to help developing countries benefit from the world trade system.

 

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