If you are a public policy wonk interested in development, Just Give Money to the Poor: The Development Revolution from the Global South by Joseph Hanlon, Armando Barrientos and David Hulme, is for you.
This book argues for the value and effectiveness of cash transfer programs in order to alleviate poverty in the Global South as opposed to programs based on the faulty and yet still used modernization theory and as opposed to the complicated and short-sighted programs offered by the multitude of NGOs based more on donors priorities than actual need.
The book is strongly data-driven and reviews in details the different programs that have been piloted or implemented in various countries of the global South but they all lead to four conclusions:
“These programs are affordable, recipients use the money well and do not waste it, cash grants are an efficient way to directly reduce current poverty, and they have the potential to prevent future poverty by facilitating economic growth and promoting human development.” (2)
That being said, reviews of these programs (especially in Brazil, Mexico, South Africa, Indonesia, India and Zambia, among others) reveal two problematic areas: targeting (who gets the cash payments) and conditions (should there be any? What kind?)