Social Protection Discussion Paper Series Targeted Transfers in Poor Countries : Revisiting the Trade-Offs and Policy Options

@inproceedings{Ravallion2003SocialPD,
  title={Social Protection Discussion Paper Series Targeted Transfers in Poor Countries : Revisiting the Trade-Offs and Policy Options},
  author={Martin Ravallion},
  year={2003}
}
The conventional wisdom in mainstream development policy circles is that income transfers to the poor, and safety net policies more generally, are at best a short-term palliative and at worst a waste of money. They are not seen as a core element of an effective long-term poverty reduction strategy. These views are starting to be questioned. Firstly, evidence from careful evaluations has pointed to a number of success stories. Secondly, the presumption of an overall trade-off between… CONTINUE READING