The Impact of Cash Transfers on Local Economies

Policy in Focus, Vol. 11, Issue No. 1, 2015
The International Policy Centre for Inclusive Growth, United Nations Development Programme

28 pp. 770 kB:
http://www.ipc-
undp.org/pub/eng/PIF31_The_Impact_of_Cash_Transfers_on_Local_Economies.pdf
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Can social protection policies promote economic growth? This is one of the questions the latest “Policy in Focus” seeks to answer. The issue features 10 articles, where leading authors and policy practitioners present their research results and evidence, obtained using various methodologies, regarding small-scale programmes to large-scale policies in Latin America, Africa and South-East Asia. The articles analyse how cash transfers can impact the local economy in developing countries, through their effects on investment, productivity, prices, employment and trade.

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