The case for a universal basic income

The case for a universal basic income

Rice farming in Vietnam. The COVID-19 pandemic is exposing inequalities and vulnerabilities of huge populations in the region, including the estimated 1.3 billion informal workers in the Asia-Pacific. Photo: UNDP/Linh Pham Rule number one of crisis management: When you find yourself in a hole, first, stop digging.

In the COVID-19 outbreak frenzy, several countries are considering massive fiscal stimulus packages and printing money, to blunt the concurrent crises underway: the pandemic and the unraveling economic depression.

These plans are essential, but they need to be strategic and sustainable. Because in addressing the current crises, we must avoid sowing seeds of new […]

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