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e assessed only <strong>in</strong> terms <strong>of</strong> low <strong>in</strong>comes but should be seen <strong>for</strong> what it is –<br />
a comb<strong>in</strong>ation <strong>of</strong> unfreedoms (lack <strong>of</strong> capabilities) <strong>of</strong> many k<strong>in</strong>ds (Sen, 2002).<br />
Moreover, real societal trans<strong>for</strong>mation is believed to enhance the likelihood<br />
that the underly<strong>in</strong>g policies and development strategies will be durable,<br />
withstand<strong>in</strong>g the vicissitudes sometimes accompany<strong>in</strong>g democratic processes.<br />
While development strategies are crucial <strong>in</strong> the process as catalysts <strong>of</strong><br />
society-wide change, it is the pr<strong>in</strong>ciples <strong>of</strong> participation and ownership that<br />
dictate the pace <strong>of</strong> trans<strong>for</strong>mation. True ownership further entails (i) the<br />
recognition that asymmetric relationships need to be addressed; (ii) the acceptance<br />
that capacity development is essential <strong>for</strong> development; and (iii)<br />
the necessity to move the debate on ownership from rhetoric to reality<br />
(who owns the idea).<br />
PRSP perspective <strong>of</strong> the discourse<br />
As a response to the accepted shortcom<strong>in</strong>gs <strong>of</strong> structural adjustment, the<br />
newly emerged focus on aid effectiveness, and the realization <strong>of</strong> the crucial<br />
role <strong>of</strong> ownership, the IMF and World Bank (December, 1999) approved a<br />
new policy <strong>in</strong>strument, PRSP, designed to serve as a framework document<br />
on concessional f<strong>in</strong>ance <strong>for</strong> poverty reduction and susta<strong>in</strong>able growth. Initially,<br />
PRSPs were <strong>in</strong>tended as the basis <strong>for</strong> external debt relief under the<br />
Heavily Indebted Poor Country (HIPC) Initiative. Subsequently, the World<br />
Bank and the IMF have extended PRSP coverage from the 41 HIPCs to<br />
some 30 additional IDA-eligible countries (International <strong>Development</strong><br />
Association). The PRSP process emerged about a year after the <strong>in</strong>troduction<br />
<strong>of</strong> the Comprehensive <strong>Development</strong> Framework (CDF), which was designed<br />
as a background <strong>for</strong> the strategic orientation <strong>of</strong> government and development<br />
partner <strong>in</strong>terventions around countries’ ma<strong>in</strong> development priorities.<br />
The concept <strong>of</strong> the PRSP is underp<strong>in</strong>ned by a set <strong>of</strong> values that<br />
emphasize policy dialogue coupled with national ownership and execution.<br />
As such, PRSPs are <strong>in</strong>creas<strong>in</strong>gly becom<strong>in</strong>g the ma<strong>in</strong> vehicle <strong>for</strong> donor support<br />
to governments <strong>in</strong> develop<strong>in</strong>g programs.<br />
PRSPs are <strong>in</strong>tended to be nationally owned and developed <strong>in</strong> a participatory<br />
manner. Accord<strong>in</strong>gly, the recipient governments are supposed to take<br />
on major responsibilities, <strong>in</strong>clud<strong>in</strong>g consultation between the various development<br />
partners and national stakeholders. The operational deployment<br />
<strong>of</strong> the CDF-PRSP system, there<strong>for</strong>e, requires long and complex dialogue<br />
with a large number <strong>of</strong> partners, both local and external, <strong>in</strong>clud<strong>in</strong>g <strong>in</strong>stitutional<br />
negotiat<strong>in</strong>g plat<strong>for</strong>ms such as Consultative Groups or Round Tables.<br />
PRSPs, however, are also subject to scrut<strong>in</strong>y and approval by the IMF and<br />
World Bank Boards, follow<strong>in</strong>g a Jo<strong>in</strong>t IMF-WB Staff Assessment (JSA). Hence,<br />
<strong>one</strong> <strong>of</strong> the ambiguities <strong>of</strong> PRSPs has been the fact that they are <strong>in</strong>tended<br />
both as a country-owned programm<strong>in</strong>g framework and as a basis <strong>for</strong> World<br />
Bank/IMF lend<strong>in</strong>g scrut<strong>in</strong>ized by their boards, which gives rise to a number<br />
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