Tribune News Network
Doha
A new study by Qatar Foundation (QF) partner Georgetown University in Qatar (GU-Q) has found that the cost of a universal basic income (UBI) programme large enough to virtually eliminate poverty in the UK would amount to just £67 billion per year or 3.4 percent of gross domestic product (GDP).
The study, jointly authored by Karl Widerquist, associate professor at GU-Q, and independent researcher Georg Arndt, is titled ‘The Cost of Basic Income in the United Kingdom: A Microsimulation Analysis’.
The study determined the total cost of implementing a UBI scheme whereby each adult is […]
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