Cash Transfers, Children and the Crisis [electronic resource] : Protecting Current and Future Investments. / Ariel Fiszbein.
Material type: TextSeries: Social Protection and Labor Discussion Papers | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 2011Subject(s): Child Development | Child Health | Child Labor | Corruption | Developing Countries | Disability Benefits | Educational Attainment | Expenditures | External Shocks | Financial Crisis | Financial Literacy | Fraud | Health Insurance | Household Consumption | Household Income | Household Surveys | Human Capital | Inflation | Innovation | Labor Market | Labor Policies | Living Standards | Malnutrition | Means Testing | Minimum Wage | Opportunity Cost | Poverty Reduction | Productivity | Public Investment | Purchasing Power | Recession | Refugees | Remittances | Risk Management | Savings | School Attendance | School Feeding Programs | Services & Transfers to Poor | Severance Pay | Social Development | Social Insurance | Social Networks | Social Protections and Labor | Social Safety Nets | Technical Assistance | Unemployment | Urban Areas | Villages | Vulnerable Groups | Wages | Working HoursOnline resources: Click here to access online 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.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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