OECD: Basic income would increase poverty in Finland

OECD: Basic income would increase poverty in Finland

Image: Jyrki Lyytikkä / Yle The OECD offered its verdict on Finland’s much-talked-about basic income trial in a country report that it released on Wednesday. The report was delivered by former Finnish Prime Minister and current deputy secretary-general of the organisation, Mari Kiviniemi.

“We have carefully reviewed [and concluded] that this would happen if the basic income to be distributed were cost-neutral from the perspective of state income and expenditure,” Kiviniemi said, referring to the assessment that the pilot would worsen poverty in Finland.

According to OECD calculations, a basic income programme would either be too costly or would provide insufficient […]

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