Universal Basic Income: Debate and Impact Assessment

Universal Basic Income: Debate and Impact Assessment
Author: Maura Francese
Publisher: International Monetary Fund
Total Pages: 24
Release: 2018-12-10
Genre: Business & Economics
ISBN: 1484390830

This paper discusses the definition and modelling of a universal basic income (UBI). After clarifying the debate about what a UBI is and presenting the arguments in favor and against, an analytical approach for its assessment is proposed. The adoption of a UBI as a policy tool is discussed with regard to the policy objectives (shaped by social preferences) it is designed to achieve. Key design dimensions to be considered include: coverage, generosity of the program, overall progressivity of the policy, and its financing.

It's Basic Income

It's Basic Income
Author: Stewart Lansley
Publisher: Policy Press
Total Pages: 247
Release: 2018-03-14
Genre: Political Science
ISBN: 1447343913

Is a Universal Basic Income the answer to an increasingly precarious job landscape? Could it bring greater financial freedom for women, tackle the issue of unpaid but essential work, cut poverty and promote greater choice? Or is it a dead-end utopian ideal that distracts from more practical and cost-effective solutions? Contributors from musician Brian Eno, think tank Demos Helsinki, innovators such as California’s Y Combinator Research and prominent academics such as Peter Beresford OBE offer a variety of perspectives from across the globe on the politics and feasibility of basic income. Sharing research and insights from a variety of nations – including India, Finland, Uganda, Brazil and Canada - the collection provides a comprehensive guide to the impact this innovative idea could have on work, welfare and inequality in the 21st century.

Debating Universal Basic Income

Debating Universal Basic Income
Author: Robert E. Wright
Publisher: Springer Nature
Total Pages: 145
Release: 2022-10-12
Genre: Business & Economics
ISBN: 3031175131

This book presents the most compelling arguments for and against implementing a basic income guarantee today, in the voice of proponents and critics, in alternating chapters. Tables, figures, and pictures illustrate the key concepts and evidence, which include benefit cliffs and disincentive deserts, time series macroeconomic data, business, economic, and technological change (BETC), artificial intelligence and other general purpose technologies, along with advanced robotics, the environmental Kuznets Curve, income distributions, democracy, social justice, dependence, autonomy, and economic freedom. A neutral, non-partisan tone introduction defines UBI and covers the history of universal income plans, while the conclusion summarizes the main arguments for and against UBI before surveying alternative policies, including universal basic asset, credit, service, job, and training plans.

Exploring Universal Basic Income

Exploring Universal Basic Income
Author: Ugo Gentilini
Publisher: World Bank Publications
Total Pages: 307
Release: 2019-11-25
Genre: Political Science
ISBN: 1464815119

Universal basic income (UBI) is emerging as one of the most hotly debated issues in development and social protection policy. But what are the features of UBI? What is it meant to achieve? How do we know, and what don’t we know, about its performance? What does it take to implement it in practice? Drawing from global evidence, literature, and survey data, this volume provides a framework to elucidate issues and trade-offs in UBI with a view to help inform choices around its appropriateness and feasibility in different contexts. Specifically, the book examines how UBI differs from or complements other social assistance programs in terms of objectives, coverage, incidence, adequacy, incentives, effects on poverty and inequality, financing, political economy, and implementation. It also reviews past and current country experiences, surveys the full range of existing policy proposals, provides original results from micro†“tax benefit simulations, and sets out a range of considerations around the analytics and practice of UBI.

Universal Basic Income in Historical Perspective

Universal Basic Income in Historical Perspective
Author: Peter Sloman
Publisher: Springer Nature
Total Pages: 308
Release: 2021-11-19
Genre: Science
ISBN: 3030757064

This new edited collection brings together historians and social scientists to engage with the global history of Universal Basic Income (UBI) and offer historically-rich perspectives on contemporary debates about the future of work. In particular, the book goes beyond a genealogy of a seemingly utopian idea to explore how the meaning and reception of basic income proposals has changed over time. The study of UBI provides a prism through which we can understand how different intellectual traditions, political agents, and policy problems have opened up space for new thinking about work and welfare at critical moments. Contributions range broadly across time and space, from Milton Friedman and the debate over guaranteed income in the post-war United States to the emergence of the European basic income movement in the 1980s and the politics of cash transfers in contemporary South Africa. Taken together, these chapters address comparative questions: why do proposals for a guaranteed minimum income emerge at some times and recede into the background in others? What kinds of problems is basic income designed to solve, and how have policy proposals been shaped by changing attitudes to gender roles and the boundaries of social citizenship? What role have transnational networks played in carrying UBI proposals between the global north and the global south, and how does the politics of basic income vary between these contexts? In short, the book builds on a growing body of scholarship on UBI and lays the groundwork for a much richer understanding of the history of this radical proposal. Chapter 3 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Freedom and Security

Freedom and Security
Author: T. Fitzpatrick
Publisher: Springer
Total Pages: 248
Release: 1999-06-23
Genre: Social Science
ISBN: 0333983289

A basic income would be an income paid periodically and unconditionally to every man, woman and child as a fundamental right of citizenship and without reference to employment, marital and household status. It would be a means of ensuring the twin objectives of freedom and security for all. This book provides an introduction to the basic income debate, examining a range of arguments for and against, and so will be of interest to anybody concerned with the future direction of the welfare state.

Basic Income—What, Why, and How?

Basic Income—What, Why, and How?
Author: Malcolm Torry
Publisher: Springer Nature
Total Pages: 349
Release: 2022-10-25
Genre: Business & Economics
ISBN: 3031142489

The global Basic Income debate is now widespread, diverse, and relatively well resourced by academic and more popular literature: but that does not mean that there is universal agreement about every topic of discussion. In fact, there is still a quite heated debate about some of the most basic questions, such as ‘What is a Basic Income?’ ‘What’s the point?’, and ‘Is it feasible?’ This book is not yet another general introduction to Basic Income. There are already plenty of those. It is entirely about those aspects of the debate about which there is most discussion and sometimes the most conflict. It is based on conference papers, previously published chapters, and other previously published articles, working papers, and reports: material that has already benefited from consultation and debate, as is appropriate for a book about aspects of a debate that are the subject of frequent consultation and discussion.

In the Balance

In the Balance
Author: Hein Marais
Publisher: NYU Press
Total Pages: 308
Release: 2022-07
Genre: Social Science
ISBN: 1776147723

As jobs disappear and wages flatline, paid work is an increasingly fragile basis for dignified life. This predicament, deepened by the COVID-19 pandemic, is sparking urgent debates about alternatives such as a universal basic income (UBI). In this incisive new book, Hein Marais casts the debate about a UBI in the wider context of the dispossessing pressures of capitalism and the turmoil of global warming, pandemics and social upheaval. Marais surveys the meaning, history and appeal of a UBI before even-handedly weighing the case for and against it. The book explores the vexing questions a UBI raises about the relationship of paid work to social rights, about prevailing notions of entitlement and dependency, and about the role of the state in contemporary capitalism. Along with cost estimates for different versions of a basic income in South Africa, it discusses financing options and lays out the social, economic and political implications. Highly topical and distinctive in its approach, In the Balance: The Case for a Universal Basic Income in South Africa and Beyond is the most rounded and up-to-date examination yet of the need and prospects for a UBI in a global South setting such as South Africa.

Universal Basic Income in Developing Countries: Issues, Options, and Illustration for India

Universal Basic Income in Developing Countries: Issues, Options, and Illustration for India
Author: Mr.David Coady
Publisher: International Monetary Fund
Total Pages: 20
Release: 2018-07-31
Genre: Business & Economics
ISBN: 148437004X

This paper discusses two common arguments for the adoption of a UBI; that it can be a more effective way of supporting low-income households when existing safety net programs are inefficient, and that it can generate broad support for structural reforms. Using India as an illustration, the paper discusses the trade-offs that need to be recognized in adopting a UBI in these contexts. It shows that replacing the 2011 Public Distribution System (PDS) with a UBI results in losses for many low-income households, although much of this can be reduced by recycling the “out-of-system” PDS losses and the fiscal savings from excluding the highest-income groups as higher UBI transfers. In contrast, replacing inefficient energy subsidies—raising energy prices to efficient levels to internalize the negative environmental externalities of energy consumption—could simultaneously deliver unambiguous distributional gains, help address fiscal pressures, and improve energy efficiency with associated environmental and health gains. Implementing such reforms would, of course, require careful communication and implementation to address political barriers to reform.