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Electronic Roundtable I: May to September 2006
Growth, Poverty Reduction and the Implementation of the MDGs
12 to 23 June 2006
Short text summary of concept note :
This session focuses on the issue of growth, poverty reduction and the implementation of the MDGs. Although, macro-economic stability has been touted as a necessary condition for growth, most SSA countries are yet to experience the payoff, in terms of investment and growth, from tight fiscal and monetary policies that have resulted in falling inflation and interest rates, coupled with declining fiscal deficits. Investments, both foreign and domestic, have not increased commensurately with improved macro-economic stability.
As a result, governments have had to depend on domestic resources and Official Development Assistance (ODA). This trend has been associated with a loss of independence in policy making by governments since ODA tends to be tied to donor "benchmarks" that may not necessarily be consistent with domestic objectives and priorities. As practitioners in various aspects of PRS design, implementation and monitoring, four questions have been formulated to guide the discussions and draw from participants' rich experiences in providing insights into how, in practice, growth, poverty reduction and the implementation of the MDGs are interlinked, and what the experience is in participants' respective countries or in countries that they have been associated with.
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