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Legitimizing basic income in developing countries: Brazil, or "the answer is blowin' in the wind"


  • Eduardo Matarazzo Suplicy


A well-designed guaranteed income as a citizen's right is one of the instruments of economic policy that may contribute to a developing nation in building a just and civilized society. It is compatible with the objectives of making the economy more competitive as well as eradicating poverty and promoting a more equitable distribution of income. The paper shows how the debate has evolved and describes the experiences of minimum income programs related to education, also called Bolsa Escola programs, which may be seen as steps toward the unconditional basic income. Economists all over the world are beginning to favor that concept: regardless of origin, age, sex, race, civil, or socioeconomic condition, everyone will have the right to be a partner of the common property of the nation, receiving a modest income that will guarantee more freedom and dignity for all.

Suggested Citation

  • Eduardo Matarazzo Suplicy, 2003. "Legitimizing basic income in developing countries: Brazil, or "the answer is blowin' in the wind"," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 25(3), pages 407-424.
  • Handle: RePEc:mes:postke:v:25:y:2003:i:3:p:407-424
    DOI: 10.1080/01603477.2003.11051366

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    References listed on IDEAS

    1. John T. Harvey, 1996. "Orthodox Approaches to Exchange Rate Determination: A Survey," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 18(4), pages 567-583, July.
    2. Mark P. Taylor, 1995. "The Economics of Exchange Rates," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 13-47, March.
    3. Stephan Schulmeister, 1988. "Currency speculation and dollar fluctuations," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 41(167), pages 343-365.
    4. repec:mes:jeciss:v:31:y:1997:i:2:p:615-622 is not listed on IDEAS
    5. Shinji Takagi, 1991. "Exchange Rate Expectations: A Survey of Survey Studies," IMF Staff Papers, Palgrave Macmillan, vol. 38(1), pages 156-183, March.
    6. Taylor, Mark P. & Allen, Helen, 1992. "The use of technical analysis in the foreign exchange market," Journal of International Money and Finance, Elsevier, vol. 11(3), pages 304-314, June.
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    1. Mideros Andrés & O’Donoghue Cathal, 2015. "The Effect of Unconditional Cash Transfers on Adult Labour Supply: A Unitary Discrete Choice Model for the Case of Ecuador," Basic Income Studies, De Gruyter, vol. 10(2), pages 225-255, December.

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