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Cash for development? The use of microcredits and cash transfers as development tools

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cam a22000004b 4500
001  MAP20210023149
003  MAP
005  20210720085916.0
008  210716s2021 bel|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎922
1001 ‎$0‎MAPA20210029295‎$a‎Perez, Aitor
24510‎$a‎Cash for development? The use of microcredits and cash transfers as development tools‎$c‎Aitor Pérez, Nicolás Ayensa, Maricruz Lacalle
260  ‎$a‎Bruselas‎$b‎Comisión Europea‎$c‎2021
300  ‎$a‎52 p.
520  ‎$a‎Microcredits and cash transfers are two distinct tools, but they both target poor households and individuals with cash alike. This report provides details of the latest advances in these cash-for-development tools at a time when the EU is reshaping its development finance tools for the 2021-27 period. Through a literature review, our study provides the current state of knowledge on microcredits and cash transfers. It then considers current EU support for these modalities and assesses this support in light of the main findings and conclusions drawn from the literature. Research reveals much evidence confirming cash-for-development tools' contributions to poverty reduction. Furthermore, it identifies a second layer of positive economic effects resulting from their use that can be of value when determining responses to the Covid-19 crisis. Moreover, even though microfinance and cash transfers have undergone exponential growth in recent decades, their use remains very limited at EU Institution level. The report recommends that a broader and more systematic use of cash-for-development tools should be explored by EU Institutions, albeit framed within broader programming and context analysis.
650 4‎$0‎MAPA20080546915‎$a‎Economía
650 4‎$0‎MAPA20080611897‎$a‎Perspectivas económicas
650 4‎$0‎MAPA20080655341‎$a‎Microcréditos
650 4‎$0‎MAPA20080615680‎$a‎Transferencias bancarias
7001 ‎$0‎MAPA20210029301‎$a‎Ayensa, Nicolás
7001 ‎$0‎MAPA20210029318‎$a‎Lacalle, Maricruz
7102 ‎$0‎MAPA20080440749‎$a‎Comisión Europea