Empowering economies: The role of cash transfer programs in poverty alleviation
Author(s): Leshan Loonena Naisho
Abstract: This study investigates the comparative effectiveness of targeted versus universal cash transfer programs in developing countries, specifically examining their impact on poverty reduction, economic growth, and health improvement. The study uses data from Kenya, Zambia, Bangladesh, Mexico, and Indonesia, along with statistical analyses and a mixed-methods approach that includes case studies and secondary data analysis, to look at how these social assistance strategies worked. The study explores dual perspectives on cash grants: as a crucial tool for breaking the cycle of poverty and as insufficient without addressing underlying structural constraints. Findings indicate that while cash grants provide immediate relief, their effectiveness is significantly enhanced when combined with interventions targeting structural constraints such as education, healthcare, financial inclusion, and market access. The research suggests a trend towards better outcomes with targeted cash transfer programs across all three metrics, though these differences were not statistically significant, likely due to the small sample size. These findings underscore the importance of larger-scale studies and context-specific implementation, offering critical insights for policymakers in developing countries.
DOI: 10.33545/26646021.2024.v6.i2a.360Pages: 43-51 | Views: 534 | Downloads: 30Download Full Article: Click Here
How to cite this article:
Leshan Loonena Naisho.
Empowering economies: The role of cash transfer programs in poverty alleviation. Int J Political Sci Governance 2024;6(2):43-51. DOI:
10.33545/26646021.2024.v6.i2a.360
