From Perspectives to Policy Contingencies: conditional cash transfers as social investments

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From Perspectives to Policy Contingencies: conditional cash transfers as social investments. / Nelson, Moira; Sandberg, Johan.

I: Global Social Policy, Vol. 17, Nr. 1, 01.04.2017, s. 21-37.

Forskningsoutput: TidskriftsbidragArtikel i vetenskaplig tidskrift

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TY - JOUR

T1 - From Perspectives to Policy Contingencies: conditional cash transfers as social investments

AU - Nelson, Moira

AU - Sandberg, Johan

N1 - Article first published online on February 29, 2016.

PY - 2017/4/1

Y1 - 2017/4/1

N2 - Despite the popularity of the social investment approach, there remain ambiguities regarding how to design an effective social investment policy. We review evaluations of conditional cash transfers (CCTs) in Latin America in order to draw out lessons for how to improve the effectiveness of social investment. CCTs share many of the objectives of the social investment approach and are targeted at poorer groups. Since research shows that such groups are often not adequately supported through social investment policies, analyzing CCTs holds particular promise. Our analysis finds that architects of social investment policies should consider three questions when designing a social investment approach: how much investment is necessary to fulfill social investment functions, what is the causal mechanism through which the goals of social investment are to be achieved and what array of policies are necessary for such mechanisms to be effective?

AB - Despite the popularity of the social investment approach, there remain ambiguities regarding how to design an effective social investment policy. We review evaluations of conditional cash transfers (CCTs) in Latin America in order to draw out lessons for how to improve the effectiveness of social investment. CCTs share many of the objectives of the social investment approach and are targeted at poorer groups. Since research shows that such groups are often not adequately supported through social investment policies, analyzing CCTs holds particular promise. Our analysis finds that architects of social investment policies should consider three questions when designing a social investment approach: how much investment is necessary to fulfill social investment functions, what is the causal mechanism through which the goals of social investment are to be achieved and what array of policies are necessary for such mechanisms to be effective?

KW - Conditional cash transfers

KW - conditionality

KW - poverty

KW - social policy

KW - social investment

UR - http://www.scopus.com/inward/record.url?scp=85018397291&partnerID=8YFLogxK

U2 - 10.1177/1468018116633560

DO - 10.1177/1468018116633560

M3 - Article

VL - 17

SP - 21

EP - 37

JO - Global Social Policy

T2 - Global Social Policy

JF - Global Social Policy

SN - 1741-2803

IS - 1

ER -