Nie net ’n uitdeelstuk nie: hoe UBIG mense bemagtig om voorspoedig te wees
Summary
This fact sheet from the Institute for Economic Justice argues that a Guaranteed Universal Basic Income (UBIG) empowers individuals to build sustainable livelihoods and stimulates local economic growth through investment and a multiplier effect on consumption.
Key insights
- A Guaranteed Universal Basic Income (UBIG) is defined as a government commitment to ensure every person has a minimum income level to meet basic needs, provided via a regular cash transfer or allowance. It consists of four elements: it is universal (applies to all adults), basic (covers basic necessities), income (a regular cash benefit), and guaranteed (provided as a right).
- Cash transfers enable recipients to escape poverty traps by investing in self-employment, education, and productive assets. In Namibia, a Basic Income Grant (BIG) pilot project led to a 29% increase in average income (excluding the grant itself) and a 301% increase in income from self-employment. Other studies in Kenya and Mexico showed similar results, where transfers reduced liquidity constraints and allowed for higher investment in agricultural and non-agricultural enterprises.
- Cash transfers create a 'multiplier effect' that benefits the broader local and national economy because low-income individuals spend a larger portion of their income locally. For example, a cash transfer initiative in Ghana increased local income by a multiplier of 2.5, while an initiative in Zambia saw consumption increase by 25% above the value of the grant.
- While much of the evidence is based on targeted and conditional schemes, the document posits that a UBIG would likely produce even more pronounced benefits due to its scale, consistency, and guaranteed nature, which allows recipients to take greater economic risks.
Cite the original document
- APA
- Institute for Economic Justice (2023). Nie net ’n uitdeelstuk nie: hoe UBIG mense bemagtig om voorspoedig te wees. https://iej.org.za/wp-content/uploads/2024/02/IEJ-UBIG-6-factsheet-Afrikaans.pdf
- Chicago
- Institute for Economic Justice. Nie net ’n uitdeelstuk nie: hoe UBIG mense bemagtig om voorspoedig te wees. 2023. https://iej.org.za/wp-content/uploads/2024/02/IEJ-UBIG-6-factsheet-Afrikaans.pdf.
- Wikipedia
- {{cite report |author=Institute for Economic Justice |title=Nie net ’n uitdeelstuk nie: hoe UBIG mense bemagtig om voorspoedig te wees |date=November 2023 |url=https://iej.org.za/wp-content/uploads/2024/02/IEJ-UBIG-6-factsheet-Afrikaans.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{instituteforeconomicjustice2023nie, author = {{Institute for Economic Justice}}, title = {{Nie net ’n uitdeelstuk nie: hoe UBIG mense bemagtig om voorspoedig te wees}}, institution = {Institute for Economic Justice}, year = {2023}, month = nov, url = {https://iej.org.za/wp-content/uploads/2024/02/IEJ-UBIG-6-factsheet-Afrikaans.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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