4 min read.Updated: 03 Jan 2013, 07:16 PM ISTHimanshu
There's much to be learnt from Brazil's efforts at reducing inequality and cash transfers are just a small part of it
If there is one example of cash transfers that its champions ought to study, it surely has to be the Brazilian case. Much credit has gone to the Brazilian conditional cash transfer (CCT) Bolsa Familia in reducing poverty and inequality in that country. And rightly so. But what the proponents of cash transfer have chosen to ignore is that CCTs are only a small and rather insignificant part of Brazil’s success.