Conditional cash transfer (CCT) programs are increasingly perceived as an effective tool for poverty alleviation. CCT programs have been highly successful in Latin American countries, and are increasingly perceived as a magic bullet for poverty reduction. Wellknown
programs that follow this approach include the Progresa (now called Oportunidades) in Mexico, Bolsa Escola and Bolsa Familia
in Brazil, Red de Proteccion Social in Nicaragua, Programa de Asistencia Familiar in Honduras, Program of A
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