A new study argues that using a different approach to social protections by offering agricultural equipment and livestock, vocational training and cash payments to the extreme rural poor in Cambodia could not only reduce poverty, but boost the economy as well.
Researchers at the United Nations Development Programme used a formula to simulate the effects of offering the so-called "social protection graduation packages" to around one million extremely impoverished Cambodians. Their findings, which were released this morning, indicate that these services could enable the participants to permanently graduate from poverty.
Researchers say the study shows that the potential of applying the “graduation” approach in in Cambodia is “substantial and promising”.
“The... Read More