Horacio Levy, Manos Matsaganis, and Holly Sutherland “Child Poverty Insights: Simulating the costs and benefits of a Europe-wide Basic Income scheme for Children”

UNICEF Policy and Strategy

UNICEF Policy and Strategy

SUMMARY: Basic Income for Children (BIC) is a universal income transfer unconditionally granted to all families with children, without means test or work requirement. The authors use the European tax-benefit micro simulation model to estimate the effects of their version of BIC. Their model computes tax liabilities and benefit entitlements for all households in European Union (EU) member states based on representative household survey data from each country. Fixing the poverty threshold at 60% of the median income, they find that a Europe-wide BIC-scheme not adjusted for price differences would reduce the number of children in poverty by 14.2% and the poverty gap by 6.2%. The scheme modeled  in the paper, paying €50 per month per child, would cost around €18 billion. That is approximately 13% of the current EU budget, or 0.15% of the combined GDP of all EU member states.

Horacio Levy, Manos Matsaganis, and Holly Sutherland “Child Poverty Insights: Simulating the costs and benefits of a Europe-wide Basic Income scheme for Children,” UNICEF Policy and Strategy, 2014.

Johanna Perkio, “Universal Basic Income: A New Tool for Development Policy?”

SUMMARY: This report examines the potentials of basic income to serve as a new tool for social and development policy, drawing from the recent experiences from recent pilot projects. The structure of the report is as follows: Chapter two provides a brief literature review of cash transfer policies currently in place in many developing countries and assesses the potential advantages of universal and unconditional transfers over targeted and conditional ones. Chapter three presents the three country cases where universal cash transfer policies have been tested or gradually implemented. Chapter four concludes and explores the prospects of basic income as a part of the new development policy agenda. The empirical material regarding basic income experiments is collected from the projects’ own research reports and newsletters, as well as relevant academic and non-academic articles.

Johanna Perkio, “Universal Basic Income: A New Tool for Development Policy?Kansainvalinen Solidaarisuutyo: International Solidarity Work, January 31, 2014.

For a direct link to the PDF version of the article go to: https://sange.fi/kvsolidaarisuustyo/wp-content/uploads/Universal-Basic-Income-A-New-Tool-for-Development-Policy.pdf

Kansainvalinen Solidaarisuutyo

Kansainvalinen Solidaarisuutyo