Do Poverty Reduction Strategy Papers Reduce Poverty and Improve Well-Being?

33 Pages Posted: 16 May 2015

See all articles by Meg Elkins

Meg Elkins

RMIT University; RMIT University

Simon Feeny

RMIT University - School of Economics, Finance and Marketing

David Prentice

Infrastructure Victoria

Date Written: February 2, 2015

Abstract

With almost 15 years passing since their introduction, quantitative evaluations of Poverty Reduction Strategy Papers (PRSPs) have been surprisingly sparse. This paper examines whether a PRSP impacts on poverty reduction and well-being and whether PRSP alignment to development paradigms impacts upon the achievement of these outcomes. Specifically, it estimates the causal effect of having a PRSP on various targets of the United Nations’ Millennium Development Goals. The sample is composed of a treatment group consisting of 52 developing countries undertaking PRSPs and 65 control countries determined through propensity score matching techniques, over the period 1999 to 2008. Results suggest that countries under PRSP treatment have achieved better well-being outcomes than those in the control group. PRSP alignment to different development paradigms is also shown to matter.

Keywords: Millennium Development Goals, PRSPs, programme evaluation, poverty reduction, well-being

JEL Classification: O11, O19, O20, I30

Suggested Citation

Elkins, Meg and Feeny, Simon and Prentice, David, Do Poverty Reduction Strategy Papers Reduce Poverty and Improve Well-Being? (February 2, 2015). Available at SSRN: https://ssrn.com/abstract=2606913 or http://dx.doi.org/10.2139/ssrn.2606913

Meg Elkins (Contact Author)

RMIT University ( email )

445 Swanston St
Melbourne, Victoria 3000
Australia
61399251547 (Phone)
3000 (Fax)

HOME PAGE: http://https://www.rmit.edu.au/contact/staff-contacts/academic-staff/e/elkins-dr-meg

RMIT University ( email )

Melbourne
Australia
99251547 (Phone)
3000 (Fax)

HOME PAGE: http://https://www.rmit.edu.au/contact/staff-contacts/academic-staff/e/elkins-dr-meg

Simon Feeny

RMIT University - School of Economics, Finance and Marketing ( email )

Business
Level 12, 239 Bourke Street
Melbourne, Victoria 3000
Australia
+(61 3) 9925 5901 (Phone)

HOME PAGE: http://www.rmit.org.au/browse;ID=vizkot5w8t4kz

David Prentice

Infrastructure Victoria ( email )

530 Collins St
Melbourne, 3000
Australia

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