Gateways to Global Poverty Reduction and Financial Inclusion

Policymakers around the world are turning to conditional cash transfer (CCT) programs in hopes of spurring social and economic change in their countries. Yet, while CCTs have proven effective in achieving certain poverty alleviation goals, such as better health and education, only recently have we begun to explore the potential of CCTs to reduce poverty through wealth accumulation. The global proliferation of CCTs--due to their immense popularity and recent innovations in design and delivery-- present us with a ripe opportunity to explore new and creative policy pathways to achieve poverty reduction by increasing financial inclusion.