Conditional Cash Transfers.
It is a simple concept: Give money to people in poverty when they meet certain criteria.
We all get paid. We all provide some level of output that has society has placed a value upon and we are paid accordingly for this production. What if we applied those same concepts to people in poverty? What if we paid poor people for helping correct the social ills that crippling our world and have proven impossible to beat by conventional charitable avenues?
Extreme poverty, maternal mortality, malaria, and slavery can all be combated by paying poor people for contributing to the outcomes that we all value.
For people living in extreme poverty, the process is quite simple.
Take a class on how to expand your business or increase your agricultural output – you get paid. Send your daughter to school – you get paid. Sleep under a treated bed net – you get paid. Undergo prenatal care and deliver your baby in a licensed medical facility – you get paid.
It is happening. And it works.
The World Bank has been monitoring these programs, and has shown that these programs are increasing economic output, raising consumption levels among people in poverty, reducing child labor, creating greater use of healthcare and educational services, and are elevating the status of women. All of which are key to reaching development goals aimed at eradicating poverty.