The utility of cash transfers in a pandemic: Lessons from East Asia
Cash transfers are controversial in social policy. Critics argue that handouts are expensive, risk creating dependency and should be a last resort strictly targeted at the poorest. But proponents consider them an important source of income security and a buffer against social risks. Over the past two years, this debate has been advanced by the prominence of cash transfers across East Asia as governments sought to lift public spending sentiment and invigorate their economies.
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