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Cash Rules! Cash Handouts versus Services / Goods Handouts to the Poor

New research has found that it is ?more effective and efficient? to hand out cash rather than services or goods to the poor. In fact, more governments are granting cash handouts unconditionally or conditionally e.g. use for school fees. Contrary to perceptions that cash would be squandered, a Stanford University research paper found that the opposite is true.

?Not one of the 19 studies found that cash grants increase tobacco and alcohol consumption and many of them found that it leads to a reduction.? Read the full report here: http://www.journals.uchicago.edu/doi/abs/10.1086/689575