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Unconditional Basic Income – Impact On The Economy

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  • OANA-VALENTINA CERCELARU

    (ROMANIAN ACADEMY – NATIONAL INSTITUTE OF ECONOMIC RESEARCH)

Abstract

SThe introduction of a basic income has a significant impact, both on the economy and on social life and personal development. This topic has been widely discussed in recent years. In June 2016, Switzerland will hold a referendum to vote on whether to introduce this new social insurance system. This new form of organization has important advantages and disadvantages and it is still debatable which way the balance tilts. In the market economy, the impact levels are very high and difficult to quantify, triggering a chain reaction. This benefit is granted under certain criteria, heading towards a well-established line of decision makers.

Suggested Citation

  • Oana-Valentina Cercelaru, 2016. "Unconditional Basic Income – Impact On The Economy," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 118-122, June.
    • Handle: RePEc:cbu:jrnlec:y:2016:v:3:p:118-122
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    References listed on IDEAS

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    3. John Cunliffe & Guido Erreygers (ed.), 2004. "The Origins of Universal Grants," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-52282-4, December.
    4. Loek Groot, 2004. "Basic income, unemployment and job scarcity," Recherches économiques de Louvain, De Boeck Université, vol. 70(2), pages 223-241.
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