Professionals who don’t work on gender can still do a lot to promote gender equality.
Blog posts on "conditional cash transfers"
Pro-poor growth in the Philippines is driven by a growing budget for social assistance programs like conditional cash transfers.
It’s not just about broadening access to finance, but also inducing beneficial use of credit.
Conditional cash transfers are about more than just handing out funds.
To ensure ongoing economic growth in Asia and for the poorest to have a chance to benefit from the region’s growing prosperity, we must prioritize bringing financial services readily and cheaply to the “unbanked”.
More than 4.4 million poor Filipino families receive regular cash grants from the government to help them make ends meet. But they aren’t getting money for nothing—there is a catch: families only get the cash if their children go to school and get regular health check-ups, and if the parents go to family development sessions every month.
Asian countries are increasingly turning to investing in dedicated development programs rather than relying entirely on economic growth to deliver better social outcomes. Evaluations of their actual impact have not always accompanied such decision making, but where they have, it has made a key difference.
Social protection programs are increasingly important for supporting vulnerable groups in Asia, including the poor and elderly, but fragmented delivery of services is undermining their impact and effectiveness.
Recently IMF Managing Director Christine Lagarde noted: “In too many countries, the benefits of growth are being enjoyed by far too few people”. She was making the point that high levels of inequality are a global concern.
Evidence-based strategies—the pragmatic pursuit of polices that worked—were at the front and center of developing Asia’s extraordinary success in raising living standards and reducing extreme poverty over the past two decades.