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Center for Economic Institutions Working Paper Series

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Established as a temporary mechanism or a transitory program, social funds were intended to transfer resources to those groups that were hardest hit by adjustment programs. In the last few years, they have become more like permanent poverty reduction programs. NGOs point out that, while the purpose of social funds is not to eliminate the struc- tural causes of poverty, it is possible for them to affect some of its symp- toms and manifestations. The organization of social funds as efficient, less bureaucratic, and more businesslike entities with a willingness to work with all development ac- tors is appropriate. However, NGOs view them as very much a part of...
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Center for Economic Institutions Working Paper Series

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