Rwanda established targets for Gross
Domestic Product (GDP) growth and poverty reduction, to be
achieved by the year 2020; these were to (i) raise real per
capita income from $230 to $900; and (ii) reduce the poverty
incidence by half. To reach these targets, the Government
projected in its 2002 Poverty Reduction Strategy Paper
(PRSP) that GDP growth will to be in the range of 6 to 7
percent over the medium term. The PRSP focused on six

Beginning in the late 1990s, Montenegro's economic reform program reached momentum in the early 2000s. Its reform program rested on two broad pillars: macroeconomic stabilization, and market-oriented structural reforms. However, the macroeconomic and structural reforms have yielded modest economic recovery and transition, holding a current account deficit, which although still high, is improving; yet its principal human welfare indicators such as poverty, life expectancy, and adult literacy remained moderate and stable. But significant challenges remain.

The analysis of the distributional
impact of policy reforms on the well-being or welfare of
different stakeholder groups, particularly on the poor and
vulnerable, has an important role in the elaboration and
implementation of poverty reduction strategies in developing
countries. In recent years this type of work has been
labeled as Poverty and Social Impact Analysis (PSIA) and is
increasingly implemented to promote evidence-based policy

Poverty and Social Impact Analysis
(PSIA) is an approach used increasingly by governments,
civil society organizations, the World Bank, and other
development partners to examine the distributional impacts
of policy reforms on the well-being of different
stakeholders groups, particularly the poor and vulnerable.
PSIA has an important role in the elaboration and
implementation of poverty reduction strategies in developing

This report shows that after a decade of
moderate growth but little or no long term change in rural
poverty in Pakistan, agricultural output, rural incomes,
rural poverty and social welfare indicators all showed
marked improvements between 2001-02 and 2004-05. However,
longer term trends suggest there is little reason for
complacency. The agricultural GDP per capita growth rate
(1999- 2000 to 2004-05) was only 0.3 percent per year; rural

This report presents an update on the
economic challenges facing Ethiopia with a focus on the
shared goal of accelerating equitable growth. The starting
point is the Government's own Plan for Accelerated and
Sustained Development to End Poverty (PASDEP), which is in
the process of finalization, and is designed to cover the
period 2005-2010. This report proposes that the growth
strategy should more explicitly adopt a

In considering the contribution that Rural Local Institutions (RLIs) can make to Sustainable Livelihoods (SLs), authors bring together two important concerns that emerged among development practitioners in the 1980s and 1990s, respectively. RLIs are important for addressing and mitigating factors of insecurity and instability, dealing in particular with various aspects of vulnerability. RLIs can also support participation (voice), conflict mitigation (peace), and external linkage (market expansion).

A 2003 World Bank study, "Governance of Natural Resources in the Philippines," analyzed natural resources management and governance in the Philippines. It assessed sector policies, particularly property rights, institutions, and financing mechanisms as well as program implementation.

This study by the World Bank indicates that forests offer vast potential for poverty reduction and rural economic growth in India while also supporting critical national conservation goals. An estimated 275 million people in rural areas depend on forests for at least part of their livelihoods. Forest dwellers, which include a high proportion of tribals, are among the poorest and most vulnerable groups in society. The government of India has adopted Joint Forest Management as a principal approach for community-based forestry.

This report contends that the key to unleashing the North West Frontier Province's possibilities and to improving the lives of its citizens is strengthening the governance and policy environment in the province for both the private and the public sectors, and investing in the provinces' most valuable resource - its people. Reforms and efforts in the past few years have already started to translate into higher growth, improved incomes, and better living conditions for the citizens of the NWFP.

The author applies a systems-oriented "holistic" approach to China's radical economic reforms during the past quarter of a century. He characterizes China's economic reforms in terms of a multidimensional classification of economic systems. When looking at the economic consequences of China's change of economic system, he deals with both the impressive growth performance and its economic costs.

This IEG evaluation brings a fresh
perspective to the debate by assessing the development
effectiveness of the Bank's recent work. It presents
evidence -- including views from the client countries
themselves -- about the outcomes of the Bank's support
to individual countries over the past 12 years. It also
spotlights three growing dimensions of the Bank Group's
role -- sharing knowledge across countries, engaging