Conventional wisdom hails Latin American experience with conditional cash transfers (CCTs) as successful, but, to the authors' knowledge, there have been no rigorous analyses of the respective costs and benefits of conditional versus unconditional transfers. The impact of conditionality itself...

Cash transfers have risen rapidly up the agenda in both emergency and developmental contexts, provoking widely disparate reactions and raising a number of political, financial and operational challenges for governments, donors and NGOs. This special theme issue of Development Policy Review...