Conditional Cash Transfers (CCTs) were a major social policy innovation in the mid/late 1990s. Instead of providing generalized subsidies, using price controls, and/or directly distributing food as means to help the poor (instruments that are inefficient, distort markets and in general are regressive), governments began to transfer cash directly to the poorest families, … [Read more...] about CCTs: not the silver bullet, but with long lasting positive effects
Nicaragua
Walmart and farmers’ welfare
A recent paper on the effects of WalMart on small farmers’ welfare in Nicaragua Despite more than a decade of NGO and government activities promoting developing world farmer participation in high-value agricultural markets, evidence regarding the household welfare effects of such initiatives is limited. This article analyzes the geographic placement of supermarket supply … [Read more...] about Walmart and farmers’ welfare