TY - JOUR

T1 - The economic and psychological effects of cash transfers in development cooperation

AU - Münchau, Konstantin

AU - Süßmair, Augustin

N1 - Publisher Copyright: Copyright © 2021 Inderscience Enterprises Ltd.

PY - 2021/1/1

Y1 - 2021/1/1

N2 - Against the backdrop of increasing popularity as an instrument of international development cooperation, our paper examines the economic and psychological effects of cash transfers. At this moment, this paper specifically focuses on the reaction of local markets and the structural conditions for a successful implementation as well as the effects of cash-transfers on their recipients' self-esteem and on the self-actualisation of women in developing countries. While the data was collected via semi-standardised guideline interviews with experts, the interpretation was carried out in accordance with Philipp Mayring's qualitative content analysis. Our study finds that cash transfers seldomly cause inflationary effects while they particularly require functioning markets, existing value chains and fulfilment of governmental support functions for a successful implementation. While the impact of cash transfers on the psychological constructs in question is generally assessed positively by the interviewed experts, several implications and potential psychological downsides are addressed.

AB - Against the backdrop of increasing popularity as an instrument of international development cooperation, our paper examines the economic and psychological effects of cash transfers. At this moment, this paper specifically focuses on the reaction of local markets and the structural conditions for a successful implementation as well as the effects of cash-transfers on their recipients' self-esteem and on the self-actualisation of women in developing countries. While the data was collected via semi-standardised guideline interviews with experts, the interpretation was carried out in accordance with Philipp Mayring's qualitative content analysis. Our study finds that cash transfers seldomly cause inflationary effects while they particularly require functioning markets, existing value chains and fulfilment of governmental support functions for a successful implementation. While the impact of cash transfers on the psychological constructs in question is generally assessed positively by the interviewed experts, several implications and potential psychological downsides are addressed.

KW - Business psychology

KW - development cooperation

KW - cash transfer

KW - unconditional cash transfer programs

KW - cash benchmark

KW - impact evaluation

KW - income

KW - poverty alleviation

KW - direct investment

KW - human capital

UR - http://www.scopus.com/inward/record.url?scp=85107753247&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/81f2a772-f673-395d-999f-6716b849c084/

U2 - 10.1504/IJEBR.2021.115505

DO - 10.1504/IJEBR.2021.115505

M3 - Journal articles

VL - 21

SP - 433

EP - 457

JO - International Journal of Economics and Business Research

JF - International Journal of Economics and Business Research

SN - 1756-9850

IS - 4

ER -