Cash For All In Developing World? Algeria Ponders Universal Basic Income

Cash For All In Developing World? Algeria Ponders Universal Basic Income

It’s the big idea of the moment among certain economists and activists in the West: Universal basic income (UBI), a policy of allocating a fixed amount of money to every citizen, is seen by some as a way to confront rising unemployment — particularly in the face of automation — in developed countries.

But while UBI has been tested (with mixed results) in local experiments and national referendums in Europe, some are now considering whether it could also be a recipe in the developing world. Last week, the think tank NABNI (French acronym for "Our Algeria Built on New Ideas") […]

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