Publications → Macroeconomic Policy → Sustainability
- Adopting Inflation Targeting: Overview of Economic Preconditions and Institutional Requirements
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June 17, 2008 12:48
This paper is about the introduction of inflation since the beginning of the 1990s, targeting as their monetary policy framework, making low inflation the primary objective of monetary policy. This is based on the consensus view in economics that price stability is an important prerequisite for sustainable real economic growth, and central banks should thus direct their policies at achieving this goal, subordinating other, potentially conflicting objectives.
- Adopting Inflation Targeting: Overview of Economic Preconditions and Institutional Requirements
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June 17, 2008 12:47
This paper is about the introduction of inflation since the beginning of the 1990s, targeting as their monetary policy framework, making low inflation the primary objective of monetary policy. This is based on the consensus view in economics that price stability is an important prerequisite for sustainable real economic growth, and central banks should thus direct their policies at achieving this goal, subordinating other, potentially conflicting objectives.
- Measuring and Explaining Inflation Persistence: Disaggregate Evidence on the Czech Republic
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January 18, 2008 17:35
The paper provides an empirical analysis of inflation persistence in the Czech Republic using 412 detailed product-level consumer price indexes underlying the consumer basket over the period from 1994:M1 to 2005:M12.
- What triggers inflation in emerging market economics?
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December 3, 2007 17:02
The authors investigate the factors associated with the start of 24 inflation episodes in 15 EMEs between 1980 and 2001. They use pooled probit analysis to estimate the contribution of the key factors to inflation starts.
- Increasing inequality in transition economies : is there more to come?
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November 23, 2007 17:28
This paper decomposes changes in inequality, which has in general been increasing in the transition economies of Eastern Europe and the former Soviet Union, both by income source and socio-economic group, with a view to understanding the determinants of inequality and assessing how it might evolve in the future.
- Creating a Poverty Map for Azerbaijan
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November 23, 2007 17:05
This paper develops a set of poverty maps for Azerbaijan. Two alternative approaches to the measurement and mapping of welfare are adopted. First, a map is derived using imputed household consumption. Second, an alternative map is constructed using an asset index based on data from the 1999 census to produce estimates of welfare at the rayon level.
- Tajikistan - Poverty Reduction Strategy Paper (PRSP) and joint assessment
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November 23, 2007 17:03
This Poverty Reduction Strategy Paper (PRSP) builds on the Interim PRSP, developed through a broad participatory process, and, is endorsed by parliament, for the effective use of information on the extent, and nature of poverty.
- Kyrgyz Republic - National Poverty Reduction Strategy Paper (NPRSP) and joint assessment
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November 23, 2007 17:03
This National Poverty Reduction Strategy (NPRS) builds on the strengths of the Interim-NPRS, particularly regarding the inclusive nature of the formulation process, a joint effort between the Government and civil society, further benefited from discussions with, and comments from the donor community.
- Bosnia and Herzegovina - Poverty Reduction Strategy Paper (PRSP) and Joint IDA-IMF Staff Assessment
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November 23, 2007 17:00
The Medium-Term Development Strategy (MTDS) has a clear set of overall goals. These are to: create conditions for sustainable and balanced economic development; reduce poverty; and accelerate European Union (EU) integration.
- Kyrgyz Republic - Poverty Reduction Strategy Paper (PRSP) annual progress report
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November 23, 2007 16:59
The Progress Report builds on the broad policy priorities outlined in the National Poverty Reduction Strategy (NPRS), and provides evidence of continued reduction in poverty. It discusses developments in a number of monetary, and non-monetary poverty indicators, where poverty alleviation, as measured by monetary indicators, has been particularly impressive.
- Tajikistan - Poverty Reduction Strategy Paper (PRSP) annual progress report
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November 23, 2007 16:59
The report presents the most recent poverty diagnosis, based on the 2003 Tajikistan Living Standards Survey, and a candid assessment of progress achieved in the first year of the Poverty Reduction Strategy Paper (PRSP) implementation, and, highlights key obstacles to policy implementation.
- Azerbaijan - Poverty reduction strategy paper (PRSP) first annual progress report and joint IDA-IMF staff assessment
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November 23, 2007 16:58
This Progress Report presents the results of the implementation of the State Program for Poverty Reduction and Economic Development (SPPRED). The report reviews measures taken to achieve the goals set in the SPPRED and identifies areas for improvement.
- Moldova - Poverty Reduction Strategy Paper and Joint IDA-IMF Staff Advisory Note of the PRSP
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November 23, 2007 16:58
The staffs of the World Bank and the IMF believe that the poverty reduction strategy outlined in the Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) is comprehensive and contains critical policy actions that, over time, could help foster growth and reduce poverty.
- Uzbekistan - Interim poverty reduction strategy paper and joint IDA-IMF staff advisory note
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November 23, 2007 16:57
This Interim Poverty Reduction Strategy Paper (I-PRSP) is the first comprehensive economic and social strategy document presented to the international community by the Government of the Republic of Uzbekistan. It contains poverty diagnosis and is based on four pillars - accelerating economic growth, strengthening human development, increasing equity and improving the environment.
- Azerbaijan - Poverty reduction strategy paper and joint IDA-IMF staff advisory note : second annual progress report
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November 23, 2007 16:56
Azerbaijan's Poverty Reduction Strategy Paper-The State Program on Poverty Reduction and Economic Development (SPPRED)-was prepared and presented to the Boards of the International Development Association (IDA) and the International Monetary Fund (IMF) in May 2003.
- Tajikistan - Annual progress report of the poverty reduction strategy and joint IDA-IMF staff advisory note
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November 23, 2007 16:55
The Annual Progress Report (APR) was prepared by the Government of Tajikistan. It contains a review of the implementation in 2004 and highlights critical issues that will be addressed in the next Poverty Reduction Strategy Paper.
- Kyrgyz Republic - Poverty reduction strategy paper (PRSP) second annual progress report and joint IDA-IMF staff advisory note (JSAN)
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November 23, 2007 16:55
This second annual progress report of the Poverty Reduction Strategy Paper summarizes successes and challenges in the third year of National Poverty Reduction Strategy (NPRS) implementation, identifying policy shortfalls and outlining a strategy for overcoming them.
- Bosnia and Herzegovina - Poverty Reduction Strategy Progress Report and joint IDA-IMF Staff Advisory Note
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November 23, 2007 16:53
This Joint Staff Advisory Note (JSAN) summarizes staffs' views on the revised MTDS and provides advice aimed at strengthening the new strategy and promoting its effective implementation.
- Kyrgyz Republic - Enhancing pro-poor growth
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November 23, 2007 16:38
The goal of this report has been to assist the Kyrgyz authorities in designing and implementing their National Poverty Reduction Strategy (NPRS).
- Serbia and Montenegro - Poverty assessment (Vol. 2 of 2)
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November 23, 2007 16:37
This Poverty Assessment is the first output of a multi-year program adopted by the World Bank to assist the Governments of Serbia and Montenegro in the development and implementation of their Poverty Reduction Strategies. Based on data collected in 2002, the report finds that absolute material poverty affects every tenth person in both Serbia and Montenegro.





