Universal Basic Income (UBI)
Universal Basic Income: What’s in a Name?
With increasing calls for a Universal Basic Income and a rise in experiments, a variety of names have been given to or associated with the proposal, including Guaranteed Income, Freedom Dividend, and Unconditional Basic Income. This paper examines what names can be given to the proposal and pilots and whether a single name across programs is needed to develop the proposal into an implementable policy.
The many names of Basic Income
For such a simple idea, Basic Income has a complex web of alternative names. Here are some of the other names for Basic Income, including a quick guide to what is and what isn’t BI.
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Why we should all have a basic income
By Scott Santens
Consider for a moment that from this day forward, on the first day of every month, around $1,000 is deposited into your bank account – because you are a citizen. This income is independent of every other source of income and guarantees you a monthly starting salary above the poverty line for the rest of your life.
Exploring Universal Basic Income : A Guide to Navigating Concepts, Evidence, and Practices (English)
Nov 26, 2019 – 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.
> World Bank UBI Guide