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


  • Fiszbein, Ariel
  • Ringold, Dena
  • 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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  • Fiszbein, Ariel & Ringold, Dena & Srinivasan, Santhosh, 2011. "Cash transfers, children and the crisis : protecting current and future investments," Social Protection and Labor Policy and Technical Notes 62984, The World Bank.
  • Handle: RePEc:wbk:hdnspu:62984

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    References listed on IDEAS

    1. Christina Paxson & Norbert Schady, 2005. "Child Health and Economic Crisis in Peru," World Bank Economic Review, World Bank Group, vol. 19(2), pages 203-223.
    2. Ferreira, Francisco H. G. & Schady, Norbert, 2008. "Aggregate economic shocks, child schooling and child health," Policy Research Working Paper Series 4701, The World Bank.
    3. Sarah Baird & Craig McIntosh & Berk Özler, 2011. "Cash or Condition? Evidence from a Cash Transfer Experiment," The Quarterly Journal of Economics, Oxford University Press, vol. 126(4), pages 1709-1753.
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    Cited by:

    1. Scarlato, Margherita, 2012. "Social Enterprise, Capabilities and Development: Lessons from Ecuador," MPRA Paper 37618, University Library of Munich, Germany.

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    Safety Nets and Transfers; Services&Transfers to Poor; Access to Finance; Labor Policies; Debt Markets;

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