Cash in hand: Could basic income protect livelihoods in coronavirus crisis?

Click For Larger Image & Read More
Cash in hand: Could basic income protect...
 © CyprusMail 2020

Once a radical idea on the fringes of mainstream economics, handing out cash to citizens has been mooted in the United States and Britain as a way to protect vulnerable peoples’ livelihoods as the coronavirus crisis accelerates.

Universal Basic Income (UBI) involves giving citizens cash payments each month to spend however they see fit, often in addition to welfare benefits that tend to be tied to specific needs, such as housing or childcare.

Advocates say its simplicity allows governments to bypass time-consuming bureaucratic...


Read all latest: Cyprus Coronavirus News Updates - Live

This article was automatically added to our system 1 week ago

Cash in hand: Could basic income protect livelihoods in coronavirus crisis?


The contents of this article including any associated images are © CyprusMail 2020
Views & opinions expressed in this article are those of the author and/or CyprusMail .

Advertise Here

  Trending Cyprus News

Advertise Here

Article Tags: could, basic, income, protect, livelihoods, coronavirus, crisis,