8min chapter

The Next Big Idea cover image

Can We End Poverty by Just Giving People Cash?

The Next Big Idea

CHAPTER

Debunking Cash Transfer Myths

This chapter addresses skepticism about cash transfer programs, emphasizing that they often lead to improved savings, business growth, and educational outcomes instead of misuse for non-essential items. It presents empirical evidence from studies in Kenya and Rwanda, highlighting that cash infusions do not induce significant inflation and can empower recipients to invest in their futures. The discussion also sheds light on the severity of poverty worldwide, urging a respectful recognition of the dignity of those affected.

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