27 May 2010

Just Give Money to the Poor

A new book by Hanlon, Barrientos and Hulme from the University of Manchester on social cash transfers finds that:

‘Four conclusions emerge repeatedly: These programs are affordable, recipients use the money well and do not waste it, cash grants are an efficient way to directly reduce current poverty, and they have the potential to prevent future poverty by facilitating economic growth and promoting human development.’

HT: Duncan Green

No comments:

Post a Comment