The forum—jointly organized by the Department of Social Welfare and Development, Asian Institute of Management and the World Bank—focused on the global and Philippine experience in developing a program of safety nets for the poor, specifically CCT. CCT aims at reducing poverty in the short term through cash transfers, while at the same time encouraging investments in human capital by making these transfers conditional upon regular school attendance or the regular use of preventive health care services.
Secretary Esperanza Cabral of the Department of Social Welfare and Development presented the Philippines' experience in implementing CCT program, its objectives, and challenges.
Ariel Fiszbein, World Bank Chief Economist for Human Development, provided insights from global experience based on a forthcoming seminal publication about learning and experience from CCT programs in various countries.
Margaret Grosh, World Bank Social Protection Specialist and Lead Economist, discussed key issues related to the design and implementation of effective safety nets, based on the new World Bank publication that she co-authored, entitled "For Protection and Promotion.”