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Want to Fight Poverty? Just Give the Poor Cash

Want to Fight Poverty? Just Give the Poor Cash | Inclusive Business in Asia | Scoop.it
A study suggests that the best way to fight global poverty is simply to give people cash and let them spend it however they want

Results summary
 Transfers allow poor households to build assets. Recipients increased asset holdings
by PPP USD 279, representing a 58% increase over the control group mean, and 39% of the
average amount transferred. These increases occurred primarily through home improvements
and increased livestock holdings: households receiving transfers are 23 percentage points more
likely to have an iron roof as opposed to a grass-thatch roof, and livestock holdings increase
by 51% (PPP USD 85).
 Transfers increase consumption. Recipients spend cash transfers on a very broad variety
of goods and services, including food, healthcare, education, and social or family events such as
weddings and funerals. We observe particularly strong increases in spending on food, medical,
and social expenses.
 Transfers reduce hunger. With an increase in food consumption by 20%, we observe
significant reductions in hunger and food insecurity, e.g. a 30% reduction in the likelihood of
the respondent having gone to bed hungry in the preceding week, and a 42% reduction in the
number of days children go without food.
 Transfers do not increase spending on alcohol and tobacco. We find no evidence of
increased expenditure on temptation goods such as alcohol, tobacco and gambling.
 Transfers increase investment in and revenue from livestock and small businesses.
Revenue from animal husbandry increases by 48% (PPP USD 2 per month), and total revenue
from self-employment increases by PPP USD 11 per month (38%) as a result of the transfers.
Existing evidence on the effect of cash transfers on income comes from programs that were
specifically targeted at existing or new non-agricultural businesses, often with the explicit
or implicit expectation that these transfers should be invested in the enterprise (De Mel,
McKenzie, and Woodruff 2008; Fafchamps et al. 2011; Blattman, Fiala, and Martinez 2013);
the results from this study suggest that these results may extend to a broader population.
2
 Transfers increase psychological well-being of recipients and their families. Unconditional
cash transfers lead to a 0.18 SD increase in happiness, a 0.15 SD increase in life
satisfaction, and a 0.14 SD reduction in stress, all measured by psychological questionnaires.
Large transfers lead to a reduction in levels of the stress hormone cortisol.
 Transfers affect many, but not all, indicators of poverty. We find little to no impact
on health or education over the time horizon considered in the data. We find suggestive
evidence that cash transfers reduce domestic violence and increase female empowerment in
both recipient households and other households in the same village.
 Specific design features of cash transfer programs differentially affect impacts and
imply policy trade-offs. Monthly transfers have stronger effects on food security than
lump-sum transfers, while lump-sum transfers show larger effects than monthly transfers on
particular types of assets such as metal roofs. Large transfers produce larger treatment effects
than small transfers on most outcomes, but with decreasing marginal returns. We do not
observe significant differences in outcomes when making transfers to the female vs. the male
in the household. Together, these results suggest that when policy-makers consider different
design choices for cash transfers, they may come to different conclusions depending on how
they weight different potential outcomes relative to one another.

Markus Dietrich's insight:

Male empowerment in fighting poverty: We do not
observe significant differences in outcomes when making transfers to the female vs. the male
in the household.

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Efficient Agriculture, Stronger Economies in ASEAN – Private Sector Perspectives for Policy Makers

Efficient Agriculture, Stronger Economies in ASEAN – Private Sector Perspectives for Policy Makers | Inclusive Business in Asia | Scoop.it

Publication by WBCSD Global Network partners in Singapore, Indonesia, Philippines and Vietnam, sharing business perspectives on how efficient, sustainable and climate smart agriculture can help build strong economies in ASEAN. It provides an overview of the challenges and draws the opportunities and the avenues to build a strong and sustainable agricultural sector in ASEAN.

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Acumen is 15 years old today. — Acumen: Ideas

Acumen is 15 years old today. - Acumen: Ideas - Medium
When we began this journey, the world was a different place. Few had heard of the terms “patient capital” and “impact in…
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The Clearly Vision Prize

The Clearly Vision Prize | Inclusive Business in Asia | Scoop.it
The Clearly Vision Prize seeks innovators who can help the world see clearly. You could be the one that puts glasses in the hands of everyone who needs them, or gives more children access to vision correction and the education that follows. Join the challenge, and compete to win one-on-one mentoring, media exposure and funding for your solution.
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Social enterprise Hilltribe Organics is 1st chicken farm in Thailand to receive Organic Agriculture Certification Thailand

Social enterprise Hilltribe Organics is 1st chicken farm in Thailand to receive Organic Agriculture Certification Thailand | Inclusive Business in Asia | Scoop.it
We are proud to announce that we received our extended organic certification for March 2016 - March 2017! Have you tried our organic @hilltribeorganics eggs?
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Kiva - Loans that change lives. Now also for Hilltribe Organics Thai farmers

Kiva - Loans that change lives. Now also for Hilltribe Organics Thai farmers | Inclusive Business in Asia | Scoop.it
Make a loan to an entrepreneur across the globe for as little as $25 to social enterprise Hilltribe Organics. Kiva is the world's first online lending platform connecting online lenders to entrepreneurs across the globe.
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Nestlé Publishes 2015 Creating Shared Value Report | Shared Value Initiative

Nestlé Publishes 2015 Creating Shared Value Report | Shared Value Initiative | Inclusive Business in Asia | Scoop.it
The nutrition company reports on ROI to both business and society. (Photo Credit: Nestlé Flickr)
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Blog poll: Agribusiness has most potential for inclusive business in Asia

Blog poll: Agribusiness has most potential for inclusive business in Asia | Inclusive Business in Asia | Scoop.it
Inclusive business firms can help boost farmers' incomes, ensure food security.
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Inclusive Business in Tajikistan - ADB Workshop

Inclusive Business in Tajikistan - ADB Workshop | Inclusive Business in Asia | Scoop.it
Asian Development Bank's  2nd mission on Inclusive Business to Tajikistan kicked off with a workshop in Dushanbe in the presence of Deputy Minister Kamolidinzoda, C.C. Yu, ADB's Country Director for Tajikistan and Team Leader Markus Dietrich
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The Business of Inclusion: Global Prosperity through Women and Girls Empowerment | Business Call to Action

The Business of Inclusion: Global Prosperity through Women and Girls Empowerment | Business Call to Action | Inclusive Business in Asia | Scoop.it
Innovations that Improve Lives
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Homing In on Realistic Impact Investment Strategies in Africa (SSIR)

Homing In on Realistic Impact Investment Strategies in Africa (SSIR) | Inclusive Business in Asia | Scoop.it
Emerging insights indicate an opportunity for impact investors to better align commercial and social targets with market realities in Africa.
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Creating a Funding Environment for Scaling Up Social Impact (SSIR)

Creating a Funding Environment for Scaling Up Social Impact (SSIR) | Inclusive Business in Asia | Scoop.it

The role of donors in building broad social ecosystems for scaling up social innovations, particularly in the developing world.

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call for entries | Developmental Social Enterprise Awards (DSEA)

call for entries | Developmental Social Enterprise Awards (DSEA) | Inclusive Business in Asia | Scoop.it

Nomination is now open for the Developmental Social Enterprise Awards 2016!

Visit www.dseawards.com for the mechanics and application form.

Deadline of submission is on May 12, 2016.

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Inclusive Business - Is it about cutting out the middleman?

Inclusive Business - Is it about cutting out the middleman? | Inclusive Business in Asia | Scoop.it
I was fortunate enough to visit Manila in the Philippines recently for an interesting summit that was held by the Asian Development Bank and supported by CSR…
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Hilltribe Organic's CEO Markus Dietrich keynote address on "Inclusive Business in the Egg Industry at International Egg Commisson (IEC) Global Forum

Hilltribe Organic's CEO Markus Dietrich keynote address on "Inclusive Business in the Egg Industry at International Egg Commisson (IEC) Global Forum | Inclusive Business in Asia | Scoop.it
The egg industry has an enormous potential to deliver food security on natural protein and income opportunities delivering regular and predictable income for small hold farmers.
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Great Eggspectations: Markus Dietrich’s Organic Eggs Alleviate Poverty and Taste Great Too!

Great Eggspectations: Markus Dietrich’s Organic Eggs Alleviate Poverty and Taste Great Too! | Inclusive Business in Asia | Scoop.it
Great Eggspectations: Markus Dietrich’s Organic Eggs Alleviate Poverty and Taste Great Too!
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How social entrepreneurship is redefining the What, Why and How of doing business | Blog del Instituto de Innovación Social

How social entrepreneurship is redefining the What, Why and How of doing business | Blog del Instituto de Innovación Social | Inclusive Business in Asia | Scoop.it
There are three basic questions: What? Why? How? Business wisdom states that you need to have a clear answer to these three questions to succeed.
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Startups with social entrepreneurship have wider impact Dr Jitendra Singh

Startups  with social entrepreneurship have wider impact  Dr Jitendra Singh | Inclusive Business in Asia | Scoop.it
Read more about Startups with social entrepreneurship have wider impact Dr Jitendra Singh on Business Standard.
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The Surprising Reason Why Savings Boosts Income: New Research Reveals an Unexpected Benefit of Financial Inclusion | NextBillion

The Surprising Reason Why Savings Boosts Income: New Research Reveals an Unexpected Benefit of Financial Inclusion | NextBillion | Inclusive Business in Asia | Scoop.it
Make it easier to save, and people will save more. This seems straightforward and holds true when offering savings accounts to customers in rich and poor countries alike. Make it easier to save, and people will save more and earn more.
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Capturing BoP Markets - Endeva

Capturing BoP Markets - Endeva | Inclusive Business in Asia | Scoop.it
Published 2016 Download Full PDF Key Contact Person Christina Tewes-Gradlc.gradl@endeva.org PublicationCapturing BoP Markets Inclusive businesses pioneer innovative solutions to meet the demand of the world's most vulnerable people for essential services such as education, health, transportation, or energy. However, they often cannot scale up fast and wide enough to close the gap. Corporates, on the …
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Moving Latin American Social Entrepreneurs to Scale (SSIR)

Moving Latin American Social Entrepreneurs to Scale (SSIR) | Inclusive Business in Asia | Scoop.it
A look at the strengths and weaknesses of social entrepreneurs in Latin America, and how they can effectively increase the impact of their work.
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Group sees next Congress’s support for low taxation on social enterprises

By Roderick L.Abad | Contributor WITH the upcoming national elections in May, the proposal of a private-sector group to create a separate and lower tax regime for social enterprises (SEs) is seen …...
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Hilltribe Organic certified organic and free range eggs now available at Jou Sun Online Grocery Shopping Delivery - Hong Kong

Hilltribe Organic certified organic and free range eggs now available at Jou Sun Online Grocery Shopping Delivery - Hong Kong | Inclusive Business in Asia | Scoop.it

HK same day online grocery delivery, organic fresh farm vegetables, local and hormone free chicken and meats, healthy gluten free diet, home cleaning.


Hilltribe egg are free range and organic as egg hens are raised by pasture-based, 100% organic-fed, and hormone free, allowing them a completely natural diet and the space to roam freely in the fresh air. Eggs contain no added hormones, pesticides, synthetics, chemicals or antibiotics, and achieve high level of Omega Fatty Acids, Beta-carotene and Vitamin A&E, and low level of cholesterol and saturated fats.

Added benefit is that Hilltribe is a social enterprise that supports Thai hill tribe communities. More information about Hiltribe Eggs can be found here, their HTO egg Organic Certification is here!

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Why inclusive business for #globaldev has not (yet) taken full flight

Why inclusive business for #globaldev has not (yet) taken full flight | Inclusive Business in Asia | Scoop.it
RT @BoPInc: Why #inclusivebiz for #globaldev has not (yet) taken full flight.
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Apply Now to Pitch TOMS' Social Entrepreneurship Fund

Apply Now to Pitch TOMS' Social Entrepreneurship Fund | Inclusive Business in Asia | Scoop.it

Inc. and TOMS are coming together to help fund a new generation of social-impact businesses. Shouldn't your company be one of them?

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