The curious history of conditional cash transfers

[Editor’s Note: This is the fifth in a series of six excerpts from chapter 4 (education policy) of Abhijit Banerjee and Esther Duflo’s Poor Economics. According to World Bank, more than 30 countries have some form of Conditional Cash Transfer (CCT) programs.] In a recent interview, Harish Hande (Founder of SELCO) and 2011 Magsaysay Award …

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