Dear governments: Want to help the poor and transform your economy? Give people cash.
Dear governments: Want to help the poor and transform your economy? Give people cash. Chris Blattman I've just finished a new paper with a clunky title (the kind that economics referees hopefully love), Credit Constraints, Occupational Choice, and the Process of Development: Long Run Evidence from Cash Transfers in Uganda . It's with Nathan Fiala and Sebastian Martinez. We tackle one of the big questions in development: How to create jobs and speed up the shift from agriculture to industry in developing countries? We look for answers not at the macro level, but with a field experiment and micro-level data in Uganda. Countries like Uganda have mostly young, poor, populations. No one is unemployed. If you have no income, you're in trouble. So you scrape by doing odd jobs and low return activities. The real problems are underemployment (not enough hours) and low productivity employment (low return, low wage work). So how do you create "good...