ABSTRACT
This conclusion presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book provides detailed and original research on the new development paradigm; develops a critical theoretical approach to re-think conventional analyses of the new discourses on aid reform; and offers fresh and alternative interpretation of changes in international aid relations. It proposes that like the Structural Adjustment Policies (SAPs), the poverty reduction strategy policies(PRSPs) framework confers too much power in the International Financial Institutions (IFIs) and thereby threatens the sovereignty of countries in Africa and other regions of the global South. The book suggests that the highlighted visibility of poverty on the global development agenda and the formulation of strategies for poverty reduction exemplify a broader discursive shift within the development discourse. It is the contention of this study that the PRSP is an attempt by the IFIs to perpetuate their domination and influence in Africa and other regions of the global South.
