Could the introduction of a universal basic income (UBI) effectively counteract economic crises and improve the economic well-being of citizens?
Universal basic income (UBI) is a concept in which every citizen receives regular, unconditional payments from the state, regardless of their financial and professional situation. Its introduction could be a potential solution to problems related to automation, income inequality and economic crises. The debate on UBI is ongoing in both academic and political circles. Proponents argue that providing a minimum income to every citizen could reduce poverty levels, increase consumer demand and limit the effects of economic crises by stabilising household incomes. However, critics point out that financing UBI could require a significant increase in taxes or redistribution of budgetary expenditure, which could weaken economic growth. Another argument against UBI is the fear that it could negatively affect economic activity by reducing the motivation to work. The introduction of a UBI would therefore require detailed analyses of its impact on the economy, the level of inflation and the employment structure. I am researching issues related and related to this problem. I have described the results of my research in publications on the objectives, legitimacy of introduction and implementation of government social policy programmes, i.e. the Family 500 Plus programme (renamed Family 800 Plus from January 2024) and the Flat Plus programme.
The following articles of mine are related to the above issues in some substantive aspects:
FAMILY 500 PLUS PROGRAMS AND FLAT PLUS WITH KEY INSTRUMENTS FOR PRIVATE SOCIAL POLICY IN POLAND
Article FAMILY 500 PLUS PROGRAMS AND FLAT PLUS WITH KEY INSTRUMENTS ...
NATIONAL HOUSING PROGRAMME OF THE MAIN STRATEGIC AND PROGRAMME DOCUMENT FOR THE CURRENT STATE RESIDENTIAL POLICY OF THE STATE
Article NATIONAL HOUSING PROGRAM OF THE MAIN STRATEGIC AND PROGRAM D...
IMPORTANCE OF INTRODUCING THE 500 PLUS FAMILY PROGRAMME AS A SIGNIFICANT FACTOR IN COMPREHENSIVE INVESTMENT POLICY FOR FAMILIES IN POLAND
Article ZNACZENIE WPROWADZENIA PROGRAMU RODZINA 500 PLUS JAKO ISTOTN...
Current and future objectives of pro-family social policy based on the Family 500 Plus programme
Chapter Bieżące i perspektywiczne cele prorodzinnej polityki społecz...
The financial situation of households in Poland and the significance of introducing the ‘Family 500 Plus’ programme as part of a comprehensive pro-family social policy.
Article Sytuacja materialno-ekonomiczna gospodarstw domowych w Polsc...
And what is your opinion on this topic?
What is your opinion on this issue?
Please reply,
I invite everyone to the discussion,
Thank you very much,
Best wishes,
I invite you to scientific cooperation,
Dariusz Prokopowicz
In my opinion, introduction of UBI will make people lazy. If they have a regular source of income for their livelihood, why will they work?
An Intersting book from the World Bank titled 'Exploring UBI'
See Link: https://documents1.worldbank.org/curated/pt/993911574784667955/pdf/Exploring-Universal-Basic-Income-A-Guide-to-Navigating-Concepts-Evidence-and-Practices.pdf
An interesting scientific paper from MIT on UBI in the developing world
See Link: https://economics.mit.edu/sites/default/files/2022-10/annurev-economics-080218-030229.pdf
Another interesting scientific paper from Stanford on UBI
See Link: https://basicincome.stanford.edu/uploads/Umbrella%20Review%20BI_final.pdf
The introduction of a Universal Basic Income (UBI) could improve economic well-being by reducing poverty, providing financial stability, and simplifying welfare systems. However, its effectiveness depends on funding, implementation, and potential impacts on labor markets and inflation. Evidence from pilot programs is mixed, suggesting context-specific outcomes.
Yes, Universal Basic Income (UBI) could improve economic well-being by:
However, its success depends on funding, implementation, and potential impacts on labor markets and inflation. Pilot programs show mixed results, suggesting context matters.
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