Universal Basic Income in the Developing World
Author(s)Banerjee, Abhijit; Niehaus, Paul; Suri, Tavneet
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Should developing countries give all of their citizens enough money to live on? Interest in this idea has grown enormously in recent years, reflecting both positive results from a number of existing cash transfer programs and dissatisfaction with the perceived limitations of piecemeal, targeted approaches to reducing extreme poverty. We discuss what we know (and what we do not) about three questions: what recipients would likely do with the incremental income, whether this would unlock further economic growth, and whether giving the money to everyone (as opposed to targeting it) would be wise.
DepartmentMassachusetts Institute of Technology. Sloan School of Management. Applied Economics Group; Massachusetts Institute of Technology. Department of Economics
Annual Review of Economics
Banerjee, Abhijit et al. "Universal Basic Income in the Developing World." Annual Review of Economics 11 (August 2019):959-983 © 2019 Annual Reviews
Author's final manuscript