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Found a litte more background info.[1] If I'm reading that right, Iran basically tried to swap fuel subsidies with "universal grants" (aka "basic income"). Th
by jasode 9y ago
Found a litte more background info.[1]
If I'm reading that right, Iran basically tried to swap fuel subsidies with "universal grants" (aka "basic income"). The grants were a lower amount than the fuel subsidies so it was a strategy for the government to reduce overall spending.
What's not clear is if people kept working to help pay for the shortfall in fuel subsidy or compensate for spending on other goods that the higher fuel subsidies allowed. Maybe this clarification is in the researchers 31 page pdf but I haven't had a chance to read the whole thing.
[1] https://books.google.com/books?id=MPahDQAAQBAJ&pg=PT162&lpg=PT162#v=onepage&q&f=false https://books.google.com/books?id=MPahDQAAQBAJ&pg=PT162&lpg=...