Poverty reduction strategy papers proposed amendments to the poverty reduction and growth facility of the world bank and the imf on the transfer of real resources to developing countries new approaches to developing country owned poverty reduction strategies march 2000. Poverty reduction strategies for developing countries eric mulumba zozo on amazoncom free shipping on qualifying offers global poverty is one of the greatest moral challenges of our time contrasting with the economic growth and profit made by transnational corporations around the world in the last two decades to address the issue of global poverty. Poverty reduction strategies in developing countries poverty is a problem that is evident across the world however its greatest impact is felt on developing countries in order to try and counter the impacts of poverty in developing nations there are various kinds of strategies that have been applied by the countries. The world bank and imf require countries to produce a poverty reduction strategy paper as a condition for debt relief through the hipc initiative and other monetary aid previously poverty reduction had been largely a marginalized concern within governments of developing countries through the prsp process
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