The role of a (digital) universal basic income in supporting pandemic resilience

The role of a (digital) universal basic income in supporting pandemic resilience

Finance

Authors:

Nidhi Parekh Aimee Hare Individual completing a mobile money transfer COVID-19 and the resulting economic recession have disproportionately affected already vulnerable individuals. Governments across the world have responded with an unprecedented expansion in their social protection programming .There is also a push towards digital transfers to be able to safely transfer cash while curbing the spread of the disease. While there is evidence on the efficacy of grants during non-pandemic times , we know little about the effect of transfers during large shocks.For example, during COVID-19, cash grants might prove inadequate in stimulating the supply […]

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