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