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Poverty Reduction Strategy Papers (PRSPs) are documents required by the International Monetary Fund (IMF) and World Bank before a country can be considered for debt relief within the Heavily Indebted Poor Countries (HIPC) initiative. [1] [2] PRSPs are also required before low-income countries can receive aid from most major donors and lenders. [2]
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic Progress and Poverty , are those that raise, or are intended to raise, ways of enabling the poor to ...
The economy of Myanmar is the seventh largest in Southeast Asia. [6] After the return of civilian rule in 2011, the new government launched large-scale reforms, focused initially on the political system to restore peace and achieve national unity and moving quickly to an economic and social reform program. [7]
In May 2011, U Myint proposed the creation of an independent research center, the Myanmar Development Resource Institute (MDRI), in a paper entitled “Reducing Poverty in Myanmar: The Way Forward,” to combat poverty. [9] The institute was then founded by U Myint and other advisors to President Thein Sein. [10]
The economic liberalization of Myanmar refers to the policy of liberalization orienting Myanma laws toward an open market economy. This process was initiated following the coup d’état of the Burmese junta in 1988 in order to transform the underperforming Burmese economy .
Myanmar is considered a lower-middle income state, and although there are areas in the country that are lagging there have been measurable improvements in terms of development since 2005. [1] The World Bank's current strategy in Myanmar is to focus on rural development.
In 2009, Heyzer led an unprecedented dialogue with Myanmar's leaders on development and poverty reduction, resulting in the Government of Myanmar requesting the formation of a development partnership that has allowed practitioners and eminent international scholars, such as the Nobel Prize economist Joseph Stiglitz, and local researchers to ...
The work reduction was largest for second earners in two-earner households and weakest for primary earners. The reduction in hours was higher when the benefit was higher. [80] In the Mincome experiment in rural Dauphin, Manitoba, also in the 1970s, there were slight reductions in hours worked during the experiment. However, the only two groups ...