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Universal Basic Income: Benefits & Challenges

The document discusses universal basic income (UBI). UBI proposes providing cash transfers to all citizens above a certain age to improve standards of living. It would improve aggregate disposal income and consumption of basic needs. While UBI could boost consumption and standards of living, there may be tradeoffs with other public spending and potential effects on productivity. Long-term sustainability of a UBI program is also uncertain.

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Divyanshu Gupta
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12 views8 pages

Universal Basic Income: Benefits & Challenges

The document discusses universal basic income (UBI). UBI proposes providing cash transfers to all citizens above a certain age to improve standards of living. It would improve aggregate disposal income and consumption of basic needs. While UBI could boost consumption and standards of living, there may be tradeoffs with other public spending and potential effects on productivity. Long-term sustainability of a UBI program is also uncertain.

Uploaded by

Divyanshu Gupta
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Universal

Basic Income
July 20, 2022

BY DIVYANSHU GUPTA

Source: The Guardian


Overview of Goals
1 2 3

THE PROVISIONS OF IMPLEMENTATION LONG TERM


UBI AND EFFECTS SUSTAINABILITY
How is UBI helpful to the Does it make any
society difference?
Unconditionality Universality
UNIVERSAL BASIC INCOME
#1 A Cash transfer
Paid monthly and/or weekly
Provisions of UBI!! To every citizen above working age

ADVANTAGES

SUMMARY Aggregate Disposal Income will improve


Standards of living will improve eventually

CASH MONEY IS
DISADVATAGES
DISTRIBUTED TO IMPROVE
DISPOSAL INCOME
There will be a tradeoff between infrastructural public spending
and UBI fund allocation.
AN ENABLER FOR Aggregate productive efficiency could get affected
CONSUMPTION OF BASIC Spending on demerit goods
NEEDS
#2

Implementation
and Effects

SUMMARY

THE CONSUMPTION OF BASIC


NEEDS IMPROVED

Source: Berkely Economic Review THE STANDARDS OF LIVING


IMPROVED AS WELL
#3 LONG TERM SUSTAINABILITY

Do you think UBI policy is


sustainable ???
Overview of Goals
1 2 3

THE PROVISIONS OF IMPLEMENTATION LONG TERM


UBI AND EFFECTS SUSTAINABILITY
How is UBI helpful to the Does it make any
society difference?
Thank you!

References:
1) [Link]
guide-to-navigating-concepts-evidence-and-practices
2) [Link]
3) [Link]
addressing-poverty-in-nm/

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