poverty-alleviation9.64 min read "Study reveals surprising findings on universal basic income and fighting global poverty"
A study conducted by the charity GiveDirectly in Kenya, providing a "universal basic income" of $50 per month for 12 years, has shown promising results in fighting poverty. The study found that giving cash aid in a lump sum had major advantages, with recipients starting more businesses and earning higher revenues compared to those receiving monthly installments. Additionally, the study revealed that the longer the duration of the income, the more people were able to invest in their enterprises. The study also highlighted the positive impact of providing aid universally to every adult in a village, which increased investment in businesses and did not fuel inflation. However, the long-term effects of lump-sum payments are still unknown, and further research is needed to determine if the benefits endure over time.
2 years ago•Source: NPR
