The economic and psychological effects of cash transfers in development cooperation
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In: International Journal of Economics and Business Research, Vol. 21, No. 4, 01.01.2021, p. 433-457.
Research output: Journal contributions › Journal articles › Research › peer-review
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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 -