Uganda : How Long Do the Effects of Cash Grants Last?
Training vouchers and microfinance tools are often used by multilateral organizations, non-governmental organizations, and governments to increase employment and business oppor¬tunities in low- and middle-income countries. An alternative is putting...
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/455141575441341239/Uganda-How-Long-do-the-Effects-of-Cash-Grants-Last http://hdl.handle.net/10986/32788 |
| Summary: | Training vouchers and microfinance tools
are often used by multilateral organizations,
non-governmental organizations, and governments to increase
employment and business oppor¬tunities in low- and
middle-income countries. An alternative is putting cash
directly in the hands of the poor themselves, leaving them
to decide how best to use the money for income-generating
activities. One of the assumptions underlying these programs
is that poor people can generate high returns to capi¬tal
but often have trouble saving money and accessing credit.
Giving people cash enables them to bypass these obstacles to
starting or improving a business. Recent studies have found
that simply giving people cash can improve incomes, at least
in the first few years, and the cash is very rarely
squandered or misused. However, very little is known about
the effectiveness of start-up grants in the long run. |
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