Tuesday, March 16, 2021

Conditional Cash Transfer Programs in Latin America

Latin American countries are implementing conditional cash transfer (CCT) programs as a strategy to combat poverty and promote economic stability. CCT programs provide money to those living in poverty on the condition that the citizens fulfill specific behavioral conditions. Examples of these conditions include ensuring children’s school attendance, regular visits to healthcare facilities or maintaining up-to-date vaccinations. Although flaws in the application of these programs appear from time to time, this strategy has been widely successful in many different Latin American countries. CCT programs not only benefit families by increasing their household income but also break the cycle of intergenerational poverty.

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