The basic income grant (BIG) is a periodic cash transfer that is unconditional and permanent, and paid to all individuals in society. As a social security measure, the BIG is a necessary means to enhance income security for all through the redistribution of wealth generated by all. Thus, the BIG is not just a means for fighting poverty and reducing inequality, but it is also an economic stimulus that increases the purchasing power of a country’s population through direct unconditional cash transfers.
Sem títuloThe basic income grant (BIG) is a periodic cash transfer that is unconditional and permanent, and paid to all individuals in society. As a social security measure, the BIG is a necessary means to enhance income security for all through the redistribution of wealth generated by all. Thus, the BIG is not just a means for fighting poverty and reducing inequality, but it is also an economic stimulus that increases the purchasing power of a country’s population through direct unconditional cash transfers
Sem títuloAs a social security measure, the BIG is a necessary means to enhance income security for all through the redistribution of wealth generated by all. Thus, the BIG is not just a means for fighting poverty and reducing inequality, but it is also an economic stimulus that increases the purchasing power of a country’s population through direct unconditional cash transfers.
Sem títuloThe debate about the efficacy of fiscal policy has remained unresolved in economics for almost a century. This paper provides a brief overview of international and South African debates and research about fiscal multipliers, which measure the efficacy of fiscal policy. This paper’s objective is to inform South African debates about the feasibility of introducing a Basic Income Guarantee (BIG).
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