Oxfam has published a report warning that the COVID-19 outbreak has resulted in a crisis that disproportionally affects the most vulnerable sectors of Mexico’s population. Oxfam stresses the importance of taking social protection measures aimed directly at those less equipped to cope with the crisis, including universal basic income (UBI).
As described by The Balance , UBI is “a government-guaranteed payment that each citizen receives. The intention behind the payment is to provide enough to cover the basic cost of living and provide financial security.” UBI can be directed at the entire population or segmented according to criteria like income […]
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