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Conditional cash transfers

CGAP's Technology Blog: From Social Protection to Financial Inclusion and Beyond

November 26, 2012

This post was orginally published on CGAP's Technology Blog.

The idea that linking social protection payments to financial inclusion initiatives can reduce poverty is gaining increasing traction. In February of this year, CGAP published a paper on Social Cash Transfers and Financial Inclusion. In April, the Asia-Pacific Economic Cooperation (APEC) held a workshop examining the potential of financially-inclusive electronic G2P payments. One of the core goals of the Better Than Cash Alliance, launched in September by the Bill & Melinda Gates Foundation, Citi, Ford Foundation, Omidyar Network, UN Capital Development Fund, USAID, and Visa Inc., is to reduce the reliance on cash for G2P and other transfers in order to improve the effectiveness of aid.

From Protection to Investment

  • By
  • Jamie M. Zimmerman,
  • Anjana Ravi,
  • Nicole Tosh,
  • New America Foundation
November 19, 2012

The way governments give aid to citizens in need has changed dramatically in recent years: the estimated number of government-to-person cash payments transferred electronically in 2012 has doubled from 2012 to 2009 — from 25 to 61 percent according to the data of countries examined by the Global Savings and Social Protection Initiative (GSSP).

Accumulating Wealth is related to Youth’s Math Achievement

November 8, 2012
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The link between household wealth and youth’s educational outcomes has been confirmed by numerous research studies, finding that youth tend to do better educationally when their households have more wealth (click here and here for more information). A new paper from the Assets and Education Initiative at the University of Kansas School of Social Welfare confirms the relationship between household wealth and math achievement for youth from the U.S. and Ghana. The paper adds a unique contribution to existing research.

Upcoming Event: SEEP Annual Conference - Building Inclusive Markets

October 25, 2012
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In less than two weeks, our friends at the SEEP Network will be hosting their Annual Conference focused this year on Building Inclusive Markets: Impact Through Financial and Enterprise Solutions. We’re particularly interested in this year’s conference because half of the plenary sessions are focused on savings.

Investing in Girls

  • By
  • Jamie M. Zimmerman,
  • Nicole Tosh,
  • Jamie Holmes,
  • New America Foundation
October 11, 2012

Over the last decade, anti-poverty initiatives across the developing world have increasingly focused on gender-based strategies, and in particular, on achieving equality and empowerment through gender-focused program innovation. While important progress has been made in the last several years, men still outnumber women in paid employment in almost every region of the developing world, with more women working informally, and in more vulnerable employment positions, than men.

The Simplest Way to End Poverty?

October 8, 2012

If you haven't had a chance yet, I highly recommend checking out Co.Exist, a new media site focused on "innovation that's going to change the way we live and the resources we use." Filling a niche that other outlets rarely address, it discusses "creative solutions that make everyone rich while helping the people of the world lead fulfilling lives."

The Rocky Climb out of Extreme Poverty

July 24, 2012
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Giving cash to low-income households is a great first step to help them toward self-sufficiency and improved life outcomes. However, for some time it has been clear that those in extreme poverty need more. For these families, as stated in a recent report by BRAC Development Institute and the Mastercard Foundation, government support “only succeeds in keeping [households] afloat – managing to avoid starvation or even death.” However, “in the absence of exit strategies, such as wealthy, influential families to draw productive resources from [or] adequate economic opportunities…these extremely poor households have been unable to ascend out of their poverty.”

Enhancing the Impact of Cash Transfers

  • By
  • Vishnu Sridharan,
  • New America Foundation
July 6, 2012

One of the most successful tools in the fight against poverty, one that has attracted increasing attention over the past decade, is social protection via cash transfers. In fact, the New America Foundation’s Global Savings and Social Protection Database – which focuses on Latin America, Africa, East and Asia – has identified over 90 cash-transfer programs in 45 countries, with over a half billion beneficiaries. As the Chronic Poverty Research Centre puts it, “social protection is critical in preventing descent into chronic poverty and reducing the depth of poverty...

Savings Product Design and Social Protection: A Podcast Interview with CGAP and CARE

June 28, 2012

In our last podcast, we discussed the growing consensus that financial inclusion and asset building can help reduce poverty and how cost-saving breakthroughs in payment technologies are enhancing the impact of social protection. But in order to really understand savings-linked social protection, we need to delve into the question of what kinds of savings methods are best suited to social protection goals - formal, informal, both?  

Electronic Payments, Going Cashless, and Social Protection: A Podcast Interview with the UNDP and Citi

June 26, 2012

With a growing consensus that financial inclusion and asset building can help reduce poverty, along with cost-saving breakthroughs in payment technologies such as mobiles and biometric IDs, the potential of financial innovation to cost-effectively enhance the impact of social protection is increasingly hard to ignore.

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