Apath out of abject poverty is currently being beaten by many low income countries which are developing poverty reduction strategy papers (PRSPs) as a condition for debt relief. This new acronym in the alphabet soup of international aid is the latest lifeline being offered by the World Bank and the International Monetary Fund after what many regard as the failure of its predecessor, the structural adjustment programme (SAP). By May, 33 interim and four full poverty reduction strategy papers had been developed: do they offer genuine hope to low income countries or are they the same old approaches under a new name?
展开▼
