The International Labour Organization (ILO) recently published a working paper reviewing Universal Basic Income (UBI) options in light of ILO standards.

The paper notes that some UBI proposals have the potential to advance equity and social justice, while others may result in a net welfare loss. To achieve equity, the paper argues a UBI must use non-regressive sources of funding, which implies that it should not be financed by taxing households or depriving them from other social benefits.

“Governments that consider implementing a UBI should carefully examine all options, including the progressivity or regressivity of the proposed measures, the winners and losers, and the potential risks and trade-offs,” the paper said.

“Measures that are regressive or jeopardize inclusive development should always be avoided.”

The paper is authored by Isabel Ortiz, Christina Behrendt, Andres Acuña-Ulate & Quynh Anh Nguyen.

The paper is available here.


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