Unconditional Cash Transfers: A Solution to Global Poverty

Give Directly, a nonprofit, advocates for unconditional cash transfers to combat extreme poverty. Rory Stewart, the president of Give Directly, explains how this model challenges traditional approaches to foreign aid. While the conventional method involves interventions determined by external actors, cash transfers empower individuals to address their own needs and priorities. Through rigorous monitoring and randomized control trials, Give Directly has found that the extreme poor tend to spend cash responsibly, making it a highly effective tool for poverty alleviation. By focusing on cash transfers, the organization promotes a more respectful and efficient approach to global development.