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Universal basic income: idea, concept, characteristics of the practical implementation
[Всеобщий Базовый Доход: Идея, Концепция, Особенности Практики Применения]

Author

Listed:
  • Ljudmila S. Skachkova (Скачкова Л.С.)

    (Southern Federal University)

  • Xiaran Zhang (Сяжань Чжан)

    (Southern Federal University)

Abstract

Universal basic income has emerged as a novel socio-economic concept in response to major social crises, periods of high unemployment, and the COVID-19 pandemic, stimulating considerable interest among academic and policy circles worldwide. Universal basic income offers a new socio-economic direction to miti-gate economic inequality and address poverty, and this article provides a comprehensive analysis of its origins, development, and application. Through an exploration of the theoretical underpinnings, as well as an evaluation of the practical implementation of universal basic income, this article offers a more systematic understanding of this new institution and its impact on social protection systems. Drawing insights from prior experiences of universal basic income implementation, this article highlights important guidelines for the evolution of modern social protection systems.

Suggested Citation

  • Ljudmila S. Skachkova (Скачкова Л.С.) & Xiaran Zhang (Сяжань Чжан), 2023. "Universal basic income: idea, concept, characteristics of the practical implementation [Всеобщий Базовый Доход: Идея, Концепция, Особенности Практики Применения]," State and Municipal Management Scholar Notes, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 100-108.
    • Handle: RePEc:rnp:smmscn:s23414
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