The debate around universal basic income (UBI) has recently gained massive attention and momentum worldwide as a way of streamlining various contemporary economic and social-political challenges. UBI is where every citizen unconditionally and universally gets a regular cash payment regardless of their employment status, income, and other qualifying factors to promote their quality of life and basic living standards for all (Tereshchenko, 2023). The five defining attributes of the UBI model are periodic (distributed in regular payment), cash payment (paid as cash), individual (paid to every citizen), universal (to everyone), and unconditional (no associated requirement for the payment qualification) […]
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