Schooling and Labor Market Impacts of Bolivia's Bono Juancito Pinto Program
Over the past 15 years, cash transfer programs have become a core component of antipoverty policy strategies in the developing world. In Latin America in particular, cash transfer programs have adopted a multidimensional approach to poverty, whereby income support is provided together with simultaneous interventions in health, education, and nutrition.
This human development approach to poverty reduction places a strong emphasis on tackling the intergenerational transmission of poverty through human capital investment.
Mexico's Progresa‐Oportunidades‐Prospera, Brazil's Bolsa Familia, Colombia's Familias en Acción, and Chile Solidario are prominent examples of this antipoverty policy framework.