Universal basic income provides recurring cash payments to all people in a population, regardless of their socioeconomic status. Countries testing basic income include the US, Canada, and Kenya.

Most of the basic-income pilots in the US have been short-term GBI, not UBI. Other countries have also run GBI pilots. Could UBI replace welfare? Basic income is unlikely to replace the existing ...

This amount, estimated as the amount needed to set up basic social protection schemes in the world’s lowest-income countries, is affordable for the international community.

Ongoing empirical work shows that a “universal basic income” has the potential to reduce poverty and inequality but is contingent on a country’s administrative capacity and ability to enhance ...