With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Grim And Hopeful Global Trends To Watch In 2020 (And Fold Into A Zine) (National Public Radio)
January 2, 2020
From the article:
“Cash will be king (of aid):
It's an idea that has been gaining popularity for more than two decades: Instead of giving poor people goods and services — say, a cow or job training — why not just give them money and let them decide how best to spend it?
Interest in ‘cash transfers’ — as this form of aid is often referred to — is likely to get even bigger over the coming decade, says David Evans, a senior fellow at the Washington, D.C., think tank Center for Global Development.
One reason is that researchers will increasingly be able to study the long-term effects of some of the earliest large-scale cash transfer programs — a series of government assistance schemes that began in Latin America in the late 1990s. Already "we're starting to see the first wave of long-term evaluations," says Evans, who is on leave as a lead economist at the World Bank...”