If You Give People Cash, Does It Help?

In Uganda, researchers evaluated a government program that gave unsupervised cash grants to youth for small business development and training. Based on final results four years after the intervention, the cash transfers achieved nearly all the goal...

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Bibliographic Details
Main Author:	World Bank
Format:	Brief
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	ACCESS TO CAPITAL ACCESS TO CREDIT ACCESSIBLE FINANCE ARMED CONFLICTS BANK ACCOUNT BENEFICIARIES BUDGETING BUSINESS OPPORTUNITIES CASH TRANSFER CASH TRANSFERS CREDIT ACCESS CREDIT CONSTRAINTS CREDIT MARKETS DEVELOPING COUNTRIES DRIVERS EARNINGS ECONOMIC OPPORTUNITIES EMERGING ECONOMIES EMPLOYMENT OPPORTUNITIES ENTREPRENEURS FAMILIES FAMILY SUPPORT FIRMS GENDER HIGH INTEREST RATES HUMAN DEVELOPMENT INCOME INCOME-GENERATING PROJECTS INNOVATIONS INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT OPPORTUNITIES JOB OPPORTUNITIES LEARNING LOCAL ECONOMY MICROFINANCE MICROFINANCE TOOLS MONEYLENDERS POLITICAL PARTICIPATION PRIMARY SCHOOL REAL INTEREST REAL INTEREST RATES RETURNS SKILLS TRAINING SMALL BUSINESS SMALL BUSINESS DEVELOPMENT SMALL BUSINESS GROWTH SMALL BUSINESSES START-UP START-UP CAPITAL TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNSKILLED JOBS VOCATIONAL TRAINING VOUCHER VOUCHERS YOUTH YOUTH EMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/2013/11/18563428/uganda-give-people-cash-help http://hdl.handle.net/10986/22607

id	okr-10986-22607
recordtype	oai_dc
spelling	okr-10986-226072021-04-23T14:04:09Z If You Give People Cash, Does It Help? World Bank ACCESS TO CAPITAL ACCESS TO CREDIT ACCESSIBLE FINANCE ARMED CONFLICTS BANK ACCOUNT BENEFICIARIES BUDGETING BUSINESS OPPORTUNITIES CASH TRANSFER CASH TRANSFERS CREDIT ACCESS CREDIT CONSTRAINTS CREDIT MARKETS DEVELOPING COUNTRIES DRIVERS EARNINGS ECONOMIC OPPORTUNITIES EMERGING ECONOMIES EMPLOYMENT OPPORTUNITIES ENTREPRENEURS FAMILIES FAMILY SUPPORT FIRMS GENDER HIGH INTEREST RATES HUMAN DEVELOPMENT INCOME INCOME-GENERATING PROJECTS INNOVATIONS INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT OPPORTUNITIES JOB OPPORTUNITIES LEARNING LOCAL ECONOMY MICROFINANCE MICROFINANCE TOOLS MONEYLENDERS POLITICAL PARTICIPATION PRIMARY SCHOOL REAL INTEREST REAL INTEREST RATES RETURNS SKILLS TRAINING SMALL BUSINESS SMALL BUSINESS DEVELOPMENT SMALL BUSINESS GROWTH SMALL BUSINESSES START-UP START-UP CAPITAL TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNSKILLED JOBS VOCATIONAL TRAINING VOUCHER VOUCHERS YOUTH YOUTH EMPLOYMENT In Uganda, researchers evaluated a government program that gave unsupervised cash grants to youth for small business development and training. Based on final results four years after the intervention, the cash transfers achieved nearly all the goals. Beneficiaries invested most of the cash in building business opportunities. While they still did agricultural work, they spent more time working in skilled industry and services and their incomes rose. The study also illustrates the important weaknesses of microfinance. This impact evaluation and a host of other studies show that many young adults have high returns on investment when they have access to capital. Microloans are poor vehicles for small business growth and the development of cottage industry. As governments and the private sector work to develop this financial sophistication, cash transfers are likely to be important drivers of poverty alleviation and development for youth. This Evidence to Policy note was jointly produced by the World Bank Group, the Strategic Impact Evaluation Fund (SIEF), and the British governments Department for International Development. 2015-09-14T15:25:54Z 2015-09-14T15:25:54Z 2013-11 Brief http://documents.worldbank.org/curated/en/2013/11/18563428/uganda-give-people-cash-help http://hdl.handle.net/10986/22607 English en_US From evidence to policy; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Africa Uganda
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCESS TO CAPITAL ACCESS TO CREDIT ACCESSIBLE FINANCE ARMED CONFLICTS BANK ACCOUNT BENEFICIARIES BUDGETING BUSINESS OPPORTUNITIES CASH TRANSFER CASH TRANSFERS CREDIT ACCESS CREDIT CONSTRAINTS CREDIT MARKETS DEVELOPING COUNTRIES DRIVERS EARNINGS ECONOMIC OPPORTUNITIES EMERGING ECONOMIES EMPLOYMENT OPPORTUNITIES ENTREPRENEURS FAMILIES FAMILY SUPPORT FIRMS GENDER HIGH INTEREST RATES HUMAN DEVELOPMENT INCOME INCOME-GENERATING PROJECTS INNOVATIONS INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT OPPORTUNITIES JOB OPPORTUNITIES LEARNING LOCAL ECONOMY MICROFINANCE MICROFINANCE TOOLS MONEYLENDERS POLITICAL PARTICIPATION PRIMARY SCHOOL REAL INTEREST REAL INTEREST RATES RETURNS SKILLS TRAINING SMALL BUSINESS SMALL BUSINESS DEVELOPMENT SMALL BUSINESS GROWTH SMALL BUSINESSES START-UP START-UP CAPITAL TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNSKILLED JOBS VOCATIONAL TRAINING VOUCHER VOUCHERS YOUTH YOUTH EMPLOYMENT
spellingShingle	ACCESS TO CAPITAL ACCESS TO CREDIT ACCESSIBLE FINANCE ARMED CONFLICTS BANK ACCOUNT BENEFICIARIES BUDGETING BUSINESS OPPORTUNITIES CASH TRANSFER CASH TRANSFERS CREDIT ACCESS CREDIT CONSTRAINTS CREDIT MARKETS DEVELOPING COUNTRIES DRIVERS EARNINGS ECONOMIC OPPORTUNITIES EMERGING ECONOMIES EMPLOYMENT OPPORTUNITIES ENTREPRENEURS FAMILIES FAMILY SUPPORT FIRMS GENDER HIGH INTEREST RATES HUMAN DEVELOPMENT INCOME INCOME-GENERATING PROJECTS INNOVATIONS INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INVESTMENT OPPORTUNITIES JOB OPPORTUNITIES LEARNING LOCAL ECONOMY MICROFINANCE MICROFINANCE TOOLS MONEYLENDERS POLITICAL PARTICIPATION PRIMARY SCHOOL REAL INTEREST REAL INTEREST RATES RETURNS SKILLS TRAINING SMALL BUSINESS SMALL BUSINESS DEVELOPMENT SMALL BUSINESS GROWTH SMALL BUSINESSES START-UP START-UP CAPITAL TRAINING PROGRAMS UNEMPLOYED UNEMPLOYMENT UNSKILLED JOBS VOCATIONAL TRAINING VOUCHER VOUCHERS YOUTH YOUTH EMPLOYMENT World Bank If You Give People Cash, Does It Help?
geographic_facet	Africa Uganda
relation	From evidence to policy;
description	In Uganda, researchers evaluated a government program that gave unsupervised cash grants to youth for small business development and training. Based on final results four years after the intervention, the cash transfers achieved nearly all the goals. Beneficiaries invested most of the cash in building business opportunities. While they still did agricultural work, they spent more time working in skilled industry and services and their incomes rose. The study also illustrates the important weaknesses of microfinance. This impact evaluation and a host of other studies show that many young adults have high returns on investment when they have access to capital. Microloans are poor vehicles for small business growth and the development of cottage industry. As governments and the private sector work to develop this financial sophistication, cash transfers are likely to be important drivers of poverty alleviation and development for youth. This Evidence to Policy note was jointly produced by the World Bank Group, the Strategic Impact Evaluation Fund (SIEF), and the British governments Department for International Development.
format	Brief
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	If You Give People Cash, Does It Help?
title_short	If You Give People Cash, Does It Help?
title_full	If You Give People Cash, Does It Help?
title_fullStr	If You Give People Cash, Does It Help?
title_full_unstemmed	If You Give People Cash, Does It Help?
title_sort	if you give people cash, does it help?
publisher	World Bank, Washington, DC
publishDate	2015
url	http://documents.worldbank.org/curated/en/2013/11/18563428/uganda-give-people-cash-help http://hdl.handle.net/10986/22607
_version_	1764451550892130304

If You Give People Cash, Does It Help?

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