Policy reducing poverty in the United States

We live in a world economy based on knowledge, where knowledge, learning communities and information and communications technologies are the driving forces behind social and economic development. Be knowledgeable and know what to do with them is extremely important, especially for poor people left out of this knowledge economy.

Our strategy is constantly evolving as a result of lessons learned from pilot programs, the changing of the borders of the knowledge economy and the growing desire expressed by the developing countries to guide that transformation. At the Annual Meetings in September 1999, the World Bank Group and the IMF agreed that strategies to combat poverty in national inspiration should be the basis for concessional financing to provide the World Bank (IDA) and IMF, as well as for debt relief under the HIPC Initiative (HIPC). These strategies are reflected in a strategy paper on poverty reduction (PRSP), which is updated annually and that each country developed in collaboration with the Bank and the IMF. The PRSP describes the national plan on macroeconomic, structural and social policies for the implementation of three-year economic adjustment programs aimed at boosting growth and reducing poverty, and identifies the associated external financing needs and major sources of funding (Berger, 91).

Reduce the proportion of people suffering from poverty and extreme poverty to 42 per 100 people poor, and of those, only 25 live in extreme poverty, improving the performance of the Gross Domestic Product (GDP), increasing per capita, making a greater share of GDP is generated by the poor, reducing the rate of population growth and achieving social spending reaches 50% of total central government expenditure in the first 5 years of implementation of the ERP. To realize this vision of knowledge available to all, the World Bank Group is realigning its ...