Overview of the evidence
Cash transfers have arguably the strongest existing evidence base among anti-poverty tools, with dozens of high-quality evaluations of cash transfer programs spanning Africa, Asia, and Latin America and including both unconditional and conditional cash transfer. These studies include many randomized controlled trials (RCTs) and also include studies that measured impacts 4–5 years out,1,2 evidence which exists for hardly any other interventions.
Specific impacts vary across studies, since—by design—cash transfers give the poor the flexibility to pursue their own goals. There are three consistent themes, however:MAIS
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