The pros and cons of a universal basic income in reducing poverty and achieving inclusive economic growth in varying country contexts
It is relatively rare for the same economic policy to be hotly debated in both developing and developed countries given how different their economic environments are. A universal basic income (UBI) is one such example. What is a universal basic income?
A UBI scheme is defined by three features:1) It is a cash transfer scheme as opposed to any specific good or service being provided in-kind, in a subsidised manner, or through coupons or vouchers.2) It is non-conditional , […]
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