10 papers analyzed
Some studies suggest Universal Basic Income (UBI) can address economic inequality, poverty, and automation, while other studies highlight its high cost, limited poverty relief, and potential inadequacy in transforming economies.
Universal Basic Income (UBI) is a policy proposal that aims to provide all citizens with a regular, unconditional sum of money, regardless of their employment status or income. This concept has gained significant attention and debate among academics, policymakers, and the public, particularly in the context of economic inequality, automation, and social welfare reform.
Economic Impact and Feasibility
Social and Political Considerations
Implementation Challenges
Alternative Approaches
Universal Basic Income is a multifaceted policy proposal with significant potential to address economic inequality and provide financial security. However, its implementation faces challenges related to cost, adequacy, and complexity. Alternative models like Near-Universal Basic Income and contributive income offer variations that might address some of these issues. The ongoing debate and pilot studies will be crucial in determining the feasibility and effectiveness of UBI in different contexts.
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