; Pocket Book Poverty Alleviation
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Pocket Book Poverty Alleviation

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The classic universal model of social welfare policies paid for public services such as health and education, and provided social insurance money transfers that covered risk through contributory payments for items such as retirement and unemployment insurance. According to a study presented in 2007 by World Bank?s economist Pedro Olinto,4 the impact of these programs on the reduction of the proportion of households below a certain poverty line (headcount poverty line) was -2.07 percentage points in Mexico (Progresa/Oportunidades), -1.38 in Honduras (Programa de Asignacin Familiar [PRAraF]), -6.69 in Nicaragua (Red de Proteccin Social Mi Familia [RPS]), while in Brazil the baseline survey for Bolsa Famlia conducted in 2005 showed a reduction of -3.67 percentual points.

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