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...

Social protection measures are policy instruments that are widely used across a broad range of developing countries in pursuit of many different development objectives. In many cases social protection measures such as food or cash transfers were first introduced to ensure minimum levels of food...