Context: The possibility of implementing a Universal Basic
Income
inLatviain response to increasing automation threatening unemployment and social inequality is studied.Thishypothesis will be investigated by analyzing existing studies on Universal BasicIncome, developing models for itsimplementation, and determining its costs and possible ways of financing it. The objective is to find out whether theimplementationof Universal BasicIncomecould contribute toLatvia’s economic growth. Universal BasicIncome(UBI): is a cash payment unconditionally given to allcitizens, with no means test or work requirement. The main idea is to provide a minimumincometo allcitizens, regardless of their social status, employment, or other indicators. Proponents argue that it is better than […]
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