Various Forms of Basic Income as a Remedy in Times of Crisis

Milena Kowalska

Abstract

Basic income is a social policy tool that raises as many positive as negative emotions. It is a controversial instrument but still discussed. This idea is raised especially in times of danger, when the social, health, or economic crisis may deprive citizens of their livelihood and wellbeing. The following article provides the definition and assumptions for basic income. Various modifications of guaranteed income occurring in the literature are indicated. The ideas of negative income tax, fixed grant, and then universal basic pension were presented. Differences in particular models were indicated and their advantages and disadvantages were discussed.
Author Milena Kowalska (E&F / DoCFaPF)
Milena Kowalska,,
- Department of Corporate Finance and Public Finance
Pages14714-14720
Publication size in sheets0.5
Book Soliman Khalid S. (eds.): Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges, 2020, International Business Information Management Association (IBIMA), ISBN 9780999855141
Keywords in EnglishGuaranteed income, Crisis management, Unemployment
Languageen angielski
File
Kowalska_M_Various_Forms_of_Basic_Income.pdf 104,71 KB
Score (nominal)70
Score sourceconferenceList
Citation count*
Additional fields
UwagaThe project is financed by the Ministry of Science and Higher Education in Poland under the programme “Regional Initiative of Excellence” 2019 - 2022 project number 015/RID/2018/19 total funding amount 10 721 040,00 PLN.
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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