Nicaragua Social Investment Fund : Conditional Cash Transfer, a New Avenue for Social Funds?

The note presents the case of the Nicaragua Social Investment Fund (FISE), which accounts for an impressive record, having financed a significant number of projects in ten years (sixty percent of these benefiting the education sector). Moreover, it reinforced rural water, and municipal infrastructure projects, and strengthened its engagement in local capacity building at the municipal, and community levels. However, in the late 90s, it became clear there were limits to the effectiveness of supply side interventions, and both FISE, and the government began thinking about strengthening the demand side, through new ways to improve access to social services, and creating an opportunity for inclusion of the most vulnerable, particularly children living precariously in rural areas. The Conditional Cash Transfer (CCT) program is examined, a new window to finance cash transfers to extremely poor families in selected rural areas. Yet, the remarkable results of CCT questions its affordability, and sustainability. The Government is now starting to prioritize programs, and investments in the social sector to achieve greater impact. As for the question of the program's cost effectiveness, the Government is considering undertaking a comparative analysis to assess results.

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Bibliographic Details
Main Author: Vermehren, Andrea
Format: Brief biblioteca
Language:English
Published: World Bank, Washington, DC 2002-02
Subjects:SOCIAL FUNDS, EDUCATION PROJECTS, MUNICIPAL INFRASTRUCTURE, RURAL WATER SUPPLY, CAPACITY BUILDING, COMMUNITY PARTICIPATION, SUPPLY MANAGEMENT, DEMAND-SIDE FINANCING, SOCIAL SERVICES, VULNERABLE GROUPS, RURAL POVERTY, CONDITIONALITY (FINANCE), CASH TRANSFER SYSTEM, COST-EFFECTIVENESS, COMPARATIVE ANALYSIS AGED, CHILD MALNUTRITION, DEVELOPMENT GOALS, EARLY CHILDHOOD DEVELOPMENT, EDUCATION INVESTMENTS, EDUCATION SECTOR, EMERGENCY EQUIPMENT, ENROLLMENT, ENROLLMENT RATES, EXTREME POVERTY, FAMILIES, HEALTH CARE, HEALTH CARE PROVIDERS, HEALTH CENTERS, HEALTH FACILITIES, HEALTH FINANCE, HEALTH POSTS, HEALTH SERVICES, HUMAN CAPITAL, HUMAN DEVELOPMENT, HUNGER, HYGIENE, ILLITERACY, IMMUNIZATION, IMPLEMENTING AGENCY, IMPROVED ACCESS, INCOME, INNOVATION, INSTITUTIONAL ARRANGEMENTS, INTERVENTION, INTERVENTIONS, LONG TERM, MALNUTRITION, MANAGEMENT CAPACITY, MEDICINES, MORTALITY, MOTHERS, MOTIVATION, NUTRITION, OPPORTUNITY COSTS, POOR CHILDREN, POVERTY FOCUS, POVERTY INDICATORS, POVERTY LINE, POVERTY TARGETING, PRIMARY EDUCATION, RESEARCH INSTITUTE, RURAL AREAS, SAFETY, SAFETY NET, SCHOOLS, SERVICE PROVIDERS, SOCIAL ASSISTANCE, SOCIAL PROTECTION, SOCIAL SECTORS, TASK TEAM LEADERS, TEACHERS, UNIVERSAL PRIMARY EDUCATION,
Online Access:http://documents.worldbank.org/curated/en/2002/02/2020245/nicaragua-social-investment-fund-conditional-cash-transfers-new-avenue-social-funds
http://hdl.handle.net/10986/11831
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Summary:The note presents the case of the Nicaragua Social Investment Fund (FISE), which accounts for an impressive record, having financed a significant number of projects in ten years (sixty percent of these benefiting the education sector). Moreover, it reinforced rural water, and municipal infrastructure projects, and strengthened its engagement in local capacity building at the municipal, and community levels. However, in the late 90s, it became clear there were limits to the effectiveness of supply side interventions, and both FISE, and the government began thinking about strengthening the demand side, through new ways to improve access to social services, and creating an opportunity for inclusion of the most vulnerable, particularly children living precariously in rural areas. The Conditional Cash Transfer (CCT) program is examined, a new window to finance cash transfers to extremely poor families in selected rural areas. Yet, the remarkable results of CCT questions its affordability, and sustainability. The Government is now starting to prioritize programs, and investments in the social sector to achieve greater impact. As for the question of the program's cost effectiveness, the Government is considering undertaking a comparative analysis to assess results.