Representative image. Credit: iStock Photo With general elections in a year’s time, the debate over Universal Basic Income (UBI) will soon resume. The International Monetary Fund (IMF) defines UBI as ‘an income support mechanism typically intended to reach all (or a very large portion of the population) with no (or minimal) conditions’.
Many nations have UBI in different forms, intending to financially empower disadvantaged sections of society.
Bolsa Familia The Brazilian model called ‘Bolsa Familia’ (Family Grant), is regarded as one of the most successful models. A decade after its launch, in 2013 the World Bank called it ‘Brazil’s Quiet […]
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