Beschreibung:
<jats:p>Cash transfer programmes are widely considered a ‘magic
bullet’ for reducing poverty. Whether they actually have such an
incredible impact on poverty reduction is debatable but they surely are
gaining credibility as an effective safety net mechanism and
consequently an integral part of inclusive growth strategies in many
developing countries. As shown by Ali (2007), inclusive growth rests on
three basic premises. First, productive employment opportunities should
be created to absorb labour force. Second, capability enhancement and
skill development should be focused in order to broaden people’s access
to economic opportunities. And lastly, a basic level of well-being has
to be guaranteed by providing social protection. Safety nets are at the
core of the last pillar, provided mainly through cash transfers, which
can be both conditional and unconditional.</jats:p>