Publication:
Cash Transfers, Children and the Crisis : Protecting Current and Future Investments

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Date
2011
ISSN
09506764
Published
2011
Author(s)
Srinivasan, Santhosh
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Abstract
In a mix of responses to the food, fuel, and financial crises of 2008-9, some developing countries have introduced new safety-net programmes, while others have modified and/or expanded existing ones. Many have introduced conditional cash transfers (CCTs) in recent years, and these have been used as an important starting point for a response. This article aims to describe these various experiences with CCTs, to distil lessons about their effectiveness as crisis-response programmes for households with children, to identify design features that can facilitate their ability to respond to transient poverty shocks, and to assess how they can complement other safety-net programmes.
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    Cash Transfers, Children and the Crisis
    (World Bank, Washington, DC, 2011-06) Ringold, Dena; Fiszbein, Ariel; Srinivasan, Santhosh
    Developing countries have responded to the multiple shocks from the food, fuel and finance crises of 2008-2009 with a mix of responses aimed at both mitigating the immediate impacts of the crises on households (and particularly children), and protecting future investments in human capital. While some countries have introduced new safety net programs, others have modified and/or expanded existing ones. Since many countries have introduced conditional cash transfers (CCTs) in recent years, these programs have been used as an important starting point for a response. This paper aims to describe how conditional cash transfers have been used by different countries to respond to the crises (e.g. by expanding coverage and/or increasing benefit amounts), distill lessons about their effectiveness as crisis-response programs, identify design features that can facilitate their ability to respond to transient poverty shocks, and assess how they can complement other safety net programs.
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