The longstanding criticism for giving poor people money is that they will waste it on alcohol and tobacco. A new review of 30 studies from Latin America, Africa and Asia disproves that notion. In fact, people spend less on “temptation goods” after receiving a cash transfer.
conditional cash transfer
Poor people don’t spend cash transfers on booze and cigarettes, studies show
Giving people money gaining momentum as new anti-poverty solution
Late last year, the government of Finland announced it would launch an experiment where as many as 100,000 citizens would…