PARIS: Welfare reforms that would introduce public payment of an unconditional basic income to everyone of working age are worth exploring but would do little to combat poverty if not financed by extra tax, the OECD said.
It published a paper examining a long-discussed reform that is making headlines again amid labour market upheavals due in part to increasing use of robots, with Finland running a pilot project and Italy’s opposition 5-Star Movement promising a "citizen’s wage" should it win power.
The Organisation for Economic Co-operation and Development said that, if existing benefit systems were abolished and the funds used to […]
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