4 ms·
I like the idea of UBI but for now, it seems viable only for countries with high GDP per capita. In Brazil, suppose GDP reaches 10 Trillion BRL[1] with about 14
by marcodiego 6y ago
I like the idea of UBI but for now, it seems viable only for countries with high GDP per capita. In Brazil, suppose GDP reaches 10 Trillion BRL[1] with about 14.1 million unemployed people[2] and 1% of the GDP is "distributed" for the unemployed people (actually making this a non-universal UBI), that gives around 7000 BRL (about 1200 USD) per person per year. It may reach a survivable amount with a lower unemployment rate and higher GDP.
I really can only see UBI working for countries above a threshold GDP per capita.
[1] https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=BR https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?location...
[2] https://www.reuters.com/article/us-brazil-economy-employment-idUSKBN2871CI https://www.reuters.com/article/us-brazil-economy-employment...