Conditional Cash Transfers (CCTs)

Definition
‘Programmes that transfer cash, generally to poor households, on the condition that those households make pre-specified investments in the human capital of their children’ (Fiszbein and Schady, 2009: 1).

References
Fiszbein, A. and Schady, N. R. 2009. Conditional cash transfers: reducing present and future poverty, The World Bank Policy Report. Washington D.C.: The World Bank. Retrieved from: https://siteresources.worldbank.org/INTCCT/Resources/5757608-1234228266004/PRR-CCT_web_noembargo.pdf