Seoul, Korea: Conference “Innovation, social investment and basic income”

Seoul, Korea: Conference “Innovation, social investment and basic income”

On the 8th and 9th of November 2018, a Conference intitled “Innovation, social investment and basic income” will be hosted in the Institute for Welfare State Research, located in Seoul, South Korea. This two-day Conference will focus on welfare strategies, social investment politics and policies, as well as basic income. The Conference is International and will feature speakers such as Nick Pearce (IPR, University of Bath), Reijo Miettinen (University of Helsinki), Jurgen De Wispelaere (IPR, University of Bath) and Hansoo Choi (Korea Institute of Public Finance), among others.

 

Political economy and the role of basic income in the welfare state at the age of automation will be at the center of the discussion on the second day, with speakers like Young Jun Choi (Yonsei University) and Julian Garritzmann (University of Zurich). The (Korean) Institute of Governmental Studies (Korea University) will host a farewell lunch after the morning sessions.

 

The Conference program can be accessed here.

 

Would a Basic Income ‘corrupt’ the poor?

homeless-986420_1920In the 90s, the United States implemented some of the most far-reaching changes to welfare in modern American history. Bill Clinton worked with Republicans to “end welfare as we know it” and eliminate welfare’s supposed corrupting influence on the poor. Except the “corrupting influence” of government assistance never existed.

A recent article by the New York Times pointed out that recent research contradicts the theory that a social safety net undermines positive behavior among the poor.

The Massachusetts Institute of Technology found that cash-assistance programs in six low-income countries did not discourage work. Furthermore, a World Bank review of 19 quantitative studies found that cash-assistance in Latin America, Asia and Africa was not wasted on “temptation items,” such as tobacco and alcohol.

“Almost without exception, studies find either no significant impact or a significant negative impact of transfers on temptation goods,” the World Bank report said.

Other supposed negative impacts from welfare, such as birth out of wedlock and encouraging generational poverty, have been demonstrated to be unfounded by other research.

This trove of research demonstrates that the commonly accepted myth about welfare’s “corrupting influence” is not as well-founded as many may believe. However, research has shown clear benefits from the UBI system, including alleviating poverty, increasing entrepreneurship and improving impoverished children’s educational outcomes.

In theory, unconditional assistance may encourage some individuals to frivolously spend their money. In practice, however, the research shows most individuals utilize cash-assistance to better themselves and their families.