Evidence from cash transfers at scale in Kenya suggests that demand-side policies or stimulus may be very effective at raising output without creating inflationary pressure when there is a lot of ‘slack’ in the economy.
Evidence from Kenya shows how cash transfers in imperfect markets lead businesses to capture some of the benefits by raising prices, ultimately at the expense of transfer recipients.
A transfer programme in Bangladesh led to sustained consumption increases and reduced poverty four years post-programme, but design and context mattered.
Evidence from 37 low- and middle-income countries shows that cash transfer programmes were associated with a 20% reduction in mortality for adult women and an 8% reduction in mortality for children aged <5 years
