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1. Guaranteed income (GI) programs, providing regular cash payments without conditions, are being discussed and piloted globally.
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2. Renewed interest driven by factors like automation, inequality, and growing support for basic needs security.
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3. Pilots testing various models - universal, targeted, negative income tax - to understand impacts and feasibility.
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4. Alaska Permanent Fund, providing annual dividends to all residents, offers a long-term example.
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5. Reducing poverty and inequality by providing a financial safety net.
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6. Stimulating economic activity through increased spending power.
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7. Improving health and well-being by reducing stress and insecurity.
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8. Enabling individuals to pursue education, entrepreneurship, or caregiving roles.
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9. Funding sources and long-term sustainability of large-scale programs.
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10. Potential disincentives to work, though evidence is mixed.
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11. Political feasibility and gaining public and government support.
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12. Designing programs effectively to maximize positive impacts and minimize drawbacks.
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13. Pilot programs and research will provide valuable data for informed policy decisions.
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14. GI is unlikely to be a one-size-fits-all solution but could be part of broader social safety nets.
Image source: Freepik
Image source: Freepik