Cash on hand helps poor families climb out of poverty.
Q24N – Is eradicating poverty, a goal the United Nations’ hopes to achieve by 2030, actually feasible? New research out of Ecuador says yes – if governments are willing to pay for it.
According to a United Nations University (UNU) – Merit study of Ecuador’s Human Development Bonus (Bono de Desarrollo Humano, or BDH), direct cash transfers have definitively improved social mobility, that’s the ability of individuals or households to move between social strata. And it has helped poor families climb out of poverty, especially when complemented by other economic-inclusion programs.
Cash on hand
Ecuador’s BDH is a cash transfer given to extremely poor families each month, as long as their children are regularly attending school and health