Programmes like the Hong Kong government’s plan to give cash subsidies to every adult permanent resident offer some insight into how a universal basic income could work. Photo: Bloomberg Programmes like the Hong Kong government’s plan to give cash subsidies to every adult permanent resident offer some insight into how a universal basic income could work. Photo: Bloomberg
Programmes like the Hong Kong government’s plan to give cash subsidies to every adult permanent resident offer some insight into how a universal basic income could work. Photo: Bloomberg
Bala Ramasamy
Opinion

Opinion

Macroscope by Bala Ramasamy

Coronavirus response shows how universal basic income can improve life for everyone

  • Subsidies given to firms and individuals to protect livelihoods during the pandemic offer insight into how a universal income can be implemented intelligently and successfully
  • An unconditional recurring payment to every member of society will help everyone meet their basic needs and restore dignity

Programmes like the Hong Kong government’s plan to give cash subsidies to every adult permanent resident offer some insight into how a universal basic income could work. Photo: Bloomberg Programmes like the Hong Kong government’s plan to give cash subsidies to every adult permanent resident offer some insight into how a universal basic income could work. Photo: Bloomberg
Programmes like the Hong Kong government’s plan to give cash subsidies to every adult permanent resident offer some insight into how a universal basic income could work. Photo: Bloomberg
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Bala Ramasamy

Bala Ramasamy

Dr Bala Ramasamy is a professor of economics and associate dean at CEIBS. Before joining CEIBS, he was professor of international economics and business and acting director of Nottingham University Business School at the University of Nottingham in Malaysia.