Poverty in Colombia by World Bank

By World Bank

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The 1991 policy paper, Assistance Strategies to Reduce Poverty, established guidelines on how the Bank should promote the two-part approach in its policy dialogue, analytical work, and lending. Assistance Strategies recommended that poverty assessments be prepared for all active borrower countries to provide policy advice and help design Bank-supported programs. In its simplest form, the poverty assessment addresses three questions: Who is poor? Why are they poor? And what should policymakers do about it?

The resources attained through changes in public pricing could reduce regressive taxes or finance more targeted interventions. Complementary measures will be required to accompany the tariff adjustments. With up to 11 percent of poor urban household income spent on energy, economical alternatives for household energy are critical. Natural gas, liquid petroleum gas, and kerosene are alternative fuels to be promoted along with the electricity tariff reforms. Market forces can accomplish the switch from electricity, and the government should make sure these forces are at play.

Agricultural Credit Bank (Caja de Crédito Agrario) 132 Lending to Small Farmers 132 Distributive Impact 133 Main Constraints and Challenges 134 Conclusions and Recommendations 135 VI. Overall Conclusions and Recommendations 135 Chapter 6 - Poverty Reduction in a Decentralized Setting: Equity, Efficiency, and Accountability 138 I. Introduction 138 II. Recent Evolution of Institutional Arrangements for Poverty Reduction 139 III. A Framework for Institutional Development: Efficiency, Equity, and Accountability for Poverty Reduction in a Decentralized System 148 IV.

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