Cash transfers, children and the crisis: protecting current and future investments

Ariel Fiszbein, Dena Ringold and Santhosh Srinivasan

No 62984, Social Protection Discussion Papers and Notes from The World Bank

Abstract: 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.

Keywords: Safety Nets and Transfers; Services&Transfers to Poor; Access to Finance; Labor Policies; Debt Markets (search for similar items in EconPapers)
Date: 2011-06-01
New Economics Papers: this item is included in nep-dev
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Citations: View citations in EconPapers (4)

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