Guaranteed Employment or Guaranteed Income?
Cash transfers tend to miss many poor people, and discourage those reached from earning extra income. Yet it cannot be presumed that switching to a
universal basic income will reduce poverty more than workfare or finely-targeted transfers. Prominent rights-based social policies aim to guarantee either employment or income. The employment guarantee is generally implemented by “workfare” while the income guarantee is effected through cash transfers. In this Working Paper of the
Center for Global Development, Martin Ravallion reviews the arguments for and against employment guarantees and income guarantees seen as rights-based policy instruments for poverty reduction in a developing economy, with special reference to India.
https://www.cgdev.org/sites/default/files/Guaranteed-employment-or-guaranteed-income.pdf
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