IDEAS home Printed from https://ideas.repec.org/a/ntu/ntugeo/vol6-iss1-18-88.html
   My bibliography  Save this article

Possible Implications of Universal Basic Income and Universal Basic Assets on Economic Growth and Development

Author

Listed:
  • FLORIN BONCIU

    (Institute for World Economy Romanian Academy)

Abstract

The paper analyzes some characteristics of the contemporary world economy and highlights the major challenges related to socio-economic areas and, on a broader scale, to economic growth and development. The research identifies as possible solutions for those challenges related to inequality, poverty and the impact of the fourth industrial revolution on the labor market the adoption of new and less conventional approaches, such as the Universal Basic Income (UBI), Universal Basic Assets (UBA) and Universal Basic Infrastructure (UB-Infra). The conclusions refer to some less explored potential beneficial implications of these approaches on economic growth and development.

Suggested Citation

  • Florin Bonciu, 2018. "Possible Implications of Universal Basic Income and Universal Basic Assets on Economic Growth and Development," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 6(1), June.
    • Handle: RePEc:ntu:ntugeo:vol6-iss1-18-88
    as

    Download full text from publisher

    File URL: http://www.globeco.ro/wp-content/uploads/vol/split/vol_6_no_1/geo_2018_vol6_no1_art_010.pdf
    File Function: First version, 2018
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Universal basic income; universal basic assets; universal basic infrastructure; economic growth; economic development;
    All these keywords.

    JEL classification:

    • B55 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Social Economics
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ntu:ntugeo:vol6-iss1-18-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stefan Ciucu (email available below). General contact details of provider: https://edirc.repec.org/data/feuntro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.