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Brazil: Bolsa Familia Flashcards

(8 cards)

1
Q

What does Bolsa Familia do?

A

It hands out cash to the poor people, 65-200USD per month, and assumed poor people knew best how to spend it. Described by The Economist as a ‘stunning success’.

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2
Q

What is the multiplier in Bolsa Familia.

A

1,87

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3
Q

What is needed to get in?

A

Earn less than 42USD per person per month, let your children go to school, immunize your children, do medical checkups for moms and dads

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4
Q

Who came up with direct cash transfer to the poor?

A

Milton Friedman

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5
Q

How expensive is Bolsa Familia?

A

<0,5% of GDP. It’s one of the cheapest antipoverty programs around, ~30% cheaper than others.

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6
Q

Results of Bolsa Familia?

A

Lifted ~36M people out of poverty. First three years it cut 15M people out of poverty already. Reduced inequality by a third. 99% of population vaccinated today.

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7
Q

What is Busca Activa

A

An active search program for more people to enroll in Bolsa, launched by Roussef (brainchild of Lula).

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8
Q

What is the Michael Bloomberg variation of Bolsa in NY?

A

Opportunity NYC, but his was heavily criticized, although it worked quite well. There is a new one called Family Reward 2.0.

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