The Impact of Cash Transfers

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The first transfers that we gave were part of one of these randomized control trials. We's done to try to understand what's the impact o tes of this model, ret so reat. It's challenging in the sense that there are so many paths that people can take,. Hundreds of millions of people who have exited poverty.

Economic theory teaches that people make choices that provide them with the greatest benefit. So why not extend this idea to the realm of charity? Economists and social entrepreneurs Michael Faye and Paul Niehaus of GiveDirectly argue that giving people cash with no strings attached is the most cost-effective means of helping the poorest people in the world and their communities.