The Unconditional Basic Income (UBI) will become a mainstream policy idea in 2017, with particular relevance for developing countries.
With increased trends in automation and the “gig economy” pointing to labour market disruption and uncertainty, the UBI looks increasingly probable. This once-heretical idea of giving all citizens a baseline income that is enough to live on, without requiring anything in return, has acquired sharp relevance – there is a real prospect that a large section of the US’s working population could lose their jobs nearly overnight with the advent of driverless trucks . Advocates point out that a UBI could […]
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