Basic income could solve global poverty and stop environmental destruction, study finds

Basic income could solve global poverty and stop environmental destruction, study finds

An analysis of 186 countries found that providing basic income, or regular, set payments to all adults in the world, could boost global GDP by about 130 per cent.

Jun 7, 2024 World map showing the net benefit of basic income in US dollars. Canada: $541 billion; USA: $29 trillion; UK: $8 trillion; Nigeria: $443 billion; Namibia: $29 billion; Indonesia: $832 billion Net benefit of basic income by country. Credit: Alex Walls

Providing a basic income could boost global gross domestic product (GDP) by $US163 trillion while acting to curb environmental degradation, UBC research has found.An analysis of 186 countries found […]

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