‘Gulf States’ established welfare systems have become fiscally unsustainable’ writes Hertog [Getty] Comment: While a generous UBI remains unaffordable in western countries, in MENA oil states it could offer a way to reform welfare and an inflated public sector, writes Steffen Hertog.
The notion of a government-provided universal basic income (UBI) has been gaining traction throughout the developed world. Although UBI policies face significant political and fiscal obstacles in the West, the idea is catching on in a region where conditions for introducing a universal cash-grant system are more favourable: the wealthy, oil-exporting Arabian Peninsula.
The Gulf oil monarchies, though largely […]
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