The report shows that there is good evidence that conditional cash transfers (CCTs) have improved the lives of poor people. Transfers generally have been well targeted to poor households, have raised consumption levels, and have reduced poverty, by a substantial amount in some countries....

Hundreds of millions of children in less developed countries suffer from poor health and nutrition. Children in most less developed countries also complete far fewer years of schooling, and learn less per year of schooling, than do children in developed countries. Recent research has shown that...