NOVEMBER 2024 1 KEEP THE PACE How Inflation Erodes Cash Transfers And What to Do About It Ugo Gentilini, Hrishikesh TMM Iyengar and Giorgia Valleriani with Sheraz Aziz, Hana Rakhma Arimbi, Jusaine Lis Miranda Nogueira, María Angélica Trujillo, and Calvin Cheng Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized ORLD BANK GROUP KEEP THE PAC 1 / INTRODUCTION 6 2 / THE CASE FOR AND AGAINST (AUTOMATIC) INDEXATION 11 3 / RESULTS FROM GLOBAL INDEXATI ...