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Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh

The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

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Give cash some credit by Guy Standing

It would be sad if the potential of cash transfers was lost as a result of hasty posturing by those on various sides of the debate. The fact is that, in India today, poverty and economic insecurity remain endemic in spite of fantastic economic growth. The existing system has failed to arrest the growing number in poverty, despite substantial government spending ostensibly designed to reduce poverty. Could cash transfers help? A...

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India versus China by Amartya Sen

The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...

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Poverty begets poverty by Richard Mahapatra

A 30-year survey of the poor gives a wake-up call POVERTY is becoming hereditary in India, at least for a sizeable population. That is the conclusion derived from a three-decade tracking of poor households in rural India. A survey by the Chronic Poverty Research Centre (CPRC), an international association of researchers and academicians, claims that those who are chronically poor may pass on poverty to their next generation. What’s more, people residing...

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Women’s participation crucial for democracies, UN officials stress

Senior United Nations officials today stressed the need to promote the participation of women in decision-making, noting that democracy and gender equality are interlinked and mutually reinforcing. “While women’s political participation improves democracy, the reverse is also true: democracy is an incubator for gender equality,” Secretary-General Ban Ki-moon said in his remarks at a roundtable held at UN Headquarters on gender equality and democracy. “It provides public space for discussion of human...

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