A Report On Brazil 's Cct Essay

1734 Words May 11th, 2015 7 Pages
Brazil’s CCT, Bolsa Familia is the largest programme of its kind in the world. Bolsa Familia 13 million households, with about 5 people in each household. This figure is astounding, as it reaches 25% of the entire population of Brazil. Since the implementation of Bolsa Familia, the programme has near unanimously been praised for its growing success. Bolsa Familia has worked to bring an overall reduction in income inequality, as well as leading to an exponential increase in school enrolments and health checks in the areas where CCT’s are concentrated. This has all contributed to the president for the Centre of Global Development, Nancy Birdsall to claim that CCT programmes are ‘as close as you can get to a magic bullet for development’ (). Yet, despite the perceived increase in education and health indicators, critics argue that the use of CCT’s are not a panacea. While the overall improvement in quantitative measures such as income, health and educational indicators are positive, it does not equate to the rise in the quality of services. Then, the quantitative measures of conditional cash transfers are successful, but the qualitative analysis of conditional cash transfer programmes remain disputed.

Human capital accumulation can be defined as the development of a set of skills and characteristics leading to the eventual increase education, health and productivity (Galor and Moav: 1999). Human capital accumulation is considered a central driver of growth in the process of…

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