-targeting transfers to poor people. This incentive argument does not imply, however, that workfare is more cost-effective against poverty … that for the same budget, workfare has less impact on poverty than either a basic-income scheme (providing the same … transfer to all) or uniform transfers based on the government's below-poverty-line ration cards. For workfare to dominate other …

partially compensate many losers from the crisis, and reduced extreme poverty …