But there’s striking new evidence that helping the truly poor really is as simple as handing them money. Money with no strings attached not only directly raises the living standards of those who receive it, but it also increases hours worked and labor productivity, seemingly laying the groundwork for growth to come.
Subscribe to NextBillion Notes in September for a FREE GIVEAWAY
Get NextBillion's top articles, jobs, events – and a FREE chapter of 'Social Value Investing: A Management Framework for Effective Partnerships,' by Howard W. Buffett and William B. Eimicke – delivered to your inbox each Wednesday this month.
We respect your privacy. Your information is safe and will never be shared.