There are compelling arguments that replacing a country’s benefit system with a universal basic income (UBI) could reduce poverty and bureaucracy, but there are significant trade-offs to be weighed up in view of the goals policy-makers pursue, according to a new working paper from the Institute for Policy Research (IPR).
Over 68 pages, the IPR working paper, released today Monday 13 March, provides some of the most detailed analysis yet of trade-offs that need be acknowledged in designing any such scheme, providing policy-makers new evidence of the diverse effects and alternative ways in which UBI might be realised.
Modelling different […]
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