UBI may be more impactful when implemented along with existing welfare schemes, rather than replacing them, finds a study. Income transfer schemes have gained significant traction over the past few months, with major political parties announcing variants of income transfer programmes as part of their election manifestos .
These announcements have triggered debates about both the feasibility and effects of income transfers. In a recently published study, Maitreesh Ghatak of the London School of Economics and Francois Maniquet of the University catholique de Louvain added a new perspective to this debate.
They concluded that an unconditional universal basic income (UBI) for […]
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