The month of June 2016 saw some leading democracies define themselves by holding referendums on issues connected to economic policy.
Before Brexit, citizens of Switzerland went to the voting booth in a referendum to determine public support for a proposal on Guaranteed Basic Income.
The result of the plebiscite on June 5, 2016 was a vote against the proposal for Universal Basic Income. Had it succeeded, it would have led to state payments of up to US$ 30,000 and $7,500 per year for each adult and child, respectively.The funds would have been paid from revenues collected by the state and would […]
Full Post at www.nation.co.ke