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Makes sense. I like the UCT in principle, but I can't argue with the evidence that CCT does have positive effects. Of course, CCTs may eventually have the sam
by tryitnow 10y ago
Makes sense. I like the UCT in principle, but I can't argue with the evidence that CCT does have positive effects.
Of course, CCTs may eventually have the same problem as traditional welfare policies: self-perpetuating bureaucracies, contradictory incentives, resource misallocation, etc, etc.
- gshulegaard 10y agoI think the key difference is that UCTs and CCTs aren't (or at least don't have to be) doled out to "qualified" persons. They can just be given. I like UBI (Universal Basic Income) as it is a scaling UCT that disappears once you earn over a certain amount. So the traditional inefficiencies are no longer a concern. CCTs could be issued in a universal sense as well, with an income threshold of some sort. But admittedly they are more complicated than UBI. But not necessarily as convoluted as current systems.
- pratyushag2 10y agoNew Incentives does conditional cash transfers (CCTs) in West Africa. CCTs have a lot of research behind them as the parent comment noted. GD's one-time, large transfers help achieve concrete benefits. Super excited to see the basic income experiment in East Africa evolve.