In an unprecedented and massive social experiment, the U.S.-based charity GiveDirectly has been providing thousands of villagers in Kenya with a "universal basic income" since 2017. The charitable organization has been granting a cash amount of approximately $50 per month to recipients, with a commitment to continue payments for a period of 12 years. This initiative serves as a crucial test for the effectiveness of universal basic income in alleviating global poverty. The first results of the study conducted by an independent research team have been released this week, providing valuable insights into the project.
The findings, which cover the […]
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