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Universal Basic Income in Developing Countries
Issues, Options, and Illustration for India

by David Coady and Delphine Prady

Series:Working Paper No. 18/174
ISBN 9781484370049
Code: #WPIEA2018174

Publication year: 2018

Cdn: $27.00; US: $23.50
Paperback
Language: English
20 pages
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This paper discusses two common arguments for the adoption of a UBI; that it can be a more effective way of supporting low-income households when existing safety net programs are inefficient, and that it can generate broad support for structural reforms. Using India as an illustration, the paper discusses the trade-offs that need to be recognized in adopting a UBI in these contexts. It shows that replacing the 2011 Public Distribution System (PDS) with a UBI results in losses for many low-income households, although much of this can be reduced by recycling the “out-of-system” PDS losses and the fiscal savings from excluding the highest-income groups as higher UBI transfers. In contrast, replacing inefficient energy subsidies—raising energy prices to efficient levels to internalize the negative environmental externalities of energy consumption—could simultaneously deliver unambiguous distributional gains, help address fiscal pressures, and improve energy efficiency with associated environmental and health gains. Implementing such reforms would, of course, require careful communication and implementation to address political barriers to reform.
Universal Basic Income in Developing Countries
Cdn: $27.00; US: $23.50
International Monetary Fund (IMF) BookID: 123304 Added: 2018.8.5