Tackling psychosocial and capital constraints to alleviate poverty

Many policies attempt to help extremely poor households build sustainable sources of income. Although economic interventions have predominated historically 1,2, psychosocial support has attracted substantial interest 3,4,5, particularly for its potential cost-effectiveness. Recent evidence has shown...

Full description

Bibliographic Details
Main Authors:	Bossuroy, Thomas, Goldstein, Markus, Karimou, Bassirou, Karlan, Dean, Kazianga, Harounan, Pariente, William, Premand, Patrick, Thomas, Catherine C., Udry, Christopher, Vaillant, Julia, Wright, Kelsey A.
Format:	Journal Article
Language:	English
Published:	Springer Nature 2022
Subjects:	POVERTY HOUSEHOLD SURVEYS ECONOMIC GROWTH ENTREPRENURSHIP TRAINING
Online Access:	http://hdl.handle.net/10986/37439

id	okr-10986-37439
recordtype	oai_dc
spelling	okr-10986-374392022-05-17T05:10:35Z Tackling psychosocial and capital constraints to alleviate poverty Bossuroy, Thomas Goldstein, Markus Karimou, Bassirou Karlan, Dean Kazianga, Harounan Pariente, William Premand, Patrick Thomas, Catherine C. Udry, Christopher Vaillant, Julia Wright, Kelsey A. POVERTY HOUSEHOLD SURVEYS ECONOMIC GROWTH ENTREPRENURSHIP TRAINING Many policies attempt to help extremely poor households build sustainable sources of income. Although economic interventions have predominated historically 1,2, psychosocial support has attracted substantial interest 3,4,5, particularly for its potential cost-effectiveness. Recent evidence has shown that multi-faceted ‘graduation’ programs can succeed in generating sustained changes 6,7. Here we show that a multi-faceted intervention can open pathways out of extreme poverty by relaxing capital and psychosocial constraints. We conducted a four-arm randomized evaluation among extremely poor female beneficiaries already enrolled in a national cash transfer government program in Niger. The three treatment arms included group savings promotion, coaching and entrepreneurship training, and then added either a lump-sum cash grant, psychosocial interventions, or both the cash grant and psychosocial interventions. All three arms generated positive effects on economic outcomes and psychosocial well-being, but there were notable differences in the pathways and the timing of effects. Overall, the arms with psychosocial interventions were the most cost-effective, highlighting the value of including well-designed psychosocial components in government-led multi-faceted interventions for the extreme poor. 2022-05-16T12:18:52Z 2022-05-16T12:18:52Z 2022-04-27 Journal Article Nature http://hdl.handle.net/10986/37439 en CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Springer Nature Publications & Research :: Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	POVERTY HOUSEHOLD SURVEYS ECONOMIC GROWTH ENTREPRENURSHIP TRAINING
spellingShingle	POVERTY HOUSEHOLD SURVEYS ECONOMIC GROWTH ENTREPRENURSHIP TRAINING Bossuroy, Thomas Goldstein, Markus Karimou, Bassirou Karlan, Dean Kazianga, Harounan Pariente, William Premand, Patrick Thomas, Catherine C. Udry, Christopher Vaillant, Julia Wright, Kelsey A. Tackling psychosocial and capital constraints to alleviate poverty
description	Many policies attempt to help extremely poor households build sustainable sources of income. Although economic interventions have predominated historically 1,2, psychosocial support has attracted substantial interest 3,4,5, particularly for its potential cost-effectiveness. Recent evidence has shown that multi-faceted ‘graduation’ programs can succeed in generating sustained changes 6,7. Here we show that a multi-faceted intervention can open pathways out of extreme poverty by relaxing capital and psychosocial constraints. We conducted a four-arm randomized evaluation among extremely poor female beneficiaries already enrolled in a national cash transfer government program in Niger. The three treatment arms included group savings promotion, coaching and entrepreneurship training, and then added either a lump-sum cash grant, psychosocial interventions, or both the cash grant and psychosocial interventions. All three arms generated positive effects on economic outcomes and psychosocial well-being, but there were notable differences in the pathways and the timing of effects. Overall, the arms with psychosocial interventions were the most cost-effective, highlighting the value of including well-designed psychosocial components in government-led multi-faceted interventions for the extreme poor.
format	Journal Article
author	Bossuroy, Thomas Goldstein, Markus Karimou, Bassirou Karlan, Dean Kazianga, Harounan Pariente, William Premand, Patrick Thomas, Catherine C. Udry, Christopher Vaillant, Julia Wright, Kelsey A.
author_facet	Bossuroy, Thomas Goldstein, Markus Karimou, Bassirou Karlan, Dean Kazianga, Harounan Pariente, William Premand, Patrick Thomas, Catherine C. Udry, Christopher Vaillant, Julia Wright, Kelsey A.
author_sort	Bossuroy, Thomas
title	Tackling psychosocial and capital constraints to alleviate poverty
title_short	Tackling psychosocial and capital constraints to alleviate poverty
title_full	Tackling psychosocial and capital constraints to alleviate poverty
title_fullStr	Tackling psychosocial and capital constraints to alleviate poverty
title_full_unstemmed	Tackling psychosocial and capital constraints to alleviate poverty
title_sort	tackling psychosocial and capital constraints to alleviate poverty
publisher	Springer Nature
publishDate	2022
url	http://hdl.handle.net/10986/37439
_version_	1764487161586909184

Tackling psychosocial and capital constraints to alleviate poverty

Similar Items