Social protection is absent from the Millennium Development Goals (MDGs), and only recently has gained some prominence in the post-2015 discourse. In the past quarter century, however, rising inequality has often accompanied economic growth. At the same time, the growing importance of risk and...

: The economic rationale for conditional cash transfers -- Design and implementation features of CCT programs -- The impact of CCTs on consumption poverty and employment -- The impact of CCT programs on the accumulation of human capital -- Conditional cash transfers : policy and design options

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....