The Poverty Reduction Strategies – A survey of the literature

Forum Syd, a Swedish-based NGO and Eurodad member takes a critical look at PRSPs. The report provides an excellent overview of the PRSP process to date; assessing just how well the process has lived up to its principles of ensuring a country-driven, results-orientated, partnership-focused approach to development. The paper notes that the evaluations published by the international financial institutions typically end up being optimistic noting ''permanent learning and improvement''. But reports from the United Nations, CSOs and universities question whether the PRSPs are in fact the right road to poverty eradication with the weaknesses of the PRSPs appearing to be of a permanent nature, and providing no real break with the dismal experiences of the structural adjustment policies.