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Modelling fiscal pathways to a basic income
This fact sheet by the Institute for Economic Justice (IEJ) presents the results of macroeconomic modelling conducted with Applied Development Research Solutions (ADRS) regarding the fiscal viability of a Basic Income Grant (BIG) in South Africa from 2023 to 2030. The document argues that a BIG is affordable and sustainable, potentially increasing GDP growth and reducing poverty without compromising the country's fiscal position.
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This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Fact sheet
Modellering van fiskale roetes tot ‘n basiese inkomste
This fact sheet by the Institute for Economic Justice (IEJ) presents the results of macroeconomic modelling conducted with Applied Development Research Solutions (ADRS) on the fiscal viability of implementing a Guaranteed Universal Basic Income (UBIG) in South Africa between 2023 and 2030. The document argues that a UBIG is both affordable and sustainable, projecting positive impacts on economic growth, poverty reduction, and unemployment.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Fact sheet
Universal Basic Income Guarantee: Financing options analysis
This report by DNA Economics for the Institute for Economic Justice (IEJ) analyzes various progressive financing options to fund a Universal Basic Income Guarantee (UBIG) in South Africa. It evaluates the revenue potential of nine specific tax measures, including a Social Security Tax, Resource Rent Tax, and Luxury VAT, and models their impact on national debt and the primary balance over the Medium Term Expenditure Framework (MTEF).
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report