Social Policy for Poverty Reduction in Lower-income Countries in Latin America: Lessons and Challenges

This article provides a comparative study of income transfer programmes recently introduced in lower-income countries in Central and South America, aimed at raising human development and consumption among groups in extreme poverty. The successful introduction of these programmes is challenging in these countries due to their high incidence of poverty, low delivery capacity and poor service infrastructure. The article discusses the design, implementation and impact of these programmes, as well as their institutionalization and dynamics. It concludes that these programmes can be effective in reducing persistent intergenerational poverty, but that their sustainability is undermined by weak institutionalization.