Universal basic income the right prescription for Latin America & Caribbean – UN report

 Executive-Secretary Alecia Bárcena - rilis the "The Social Challenge in Times of COVID-19" report, at a virtual press konferensi in Santiago, Chile - said these transfers should then be made permanent and extend to those who are at risk of being caught in the poverty trap. Such a tahap would pave the way towards a universal basic penghasilan, guaranteeing the basic right to survival, she said. King88bet

"We must move towards the creation of a welfare State based on a new social kompak that takes into akun fiscal, social and production-related matters", she explained, stressing that the pandemi has exposed structural problems in the economic mode and the failings of costly social protection and welfare systems. king88bet login alternatif

Immediate kontan transfers

ECLAC's proposal for a basic emergensi penghasilan should be implemented immediately, Ms. Bárcena said, with a view to keeping it in place over time, depending on each country's situation. "This is especially berkaitant because overcoming the pandemi will take time", she said. Societies will have to coexist with the coronavirus, which will hamper reactivation of the economy. Article Title with Blogger Published Link as Backlink

ECLAC proposes that providing basic emergensi penghasilan, should amount to the per capita biaya of acquiring a basic food basket and rapat other basic needs over a six-month period, to the entire population living in poverty, in 2020.

That means reaching 215 million people, or 34.7 per cent of the Latin American and Caribbean population. This would entail additional spending of 2.1 per cent of gross domestic product (GDP).

The report takes stok of the anticipated social efeks of COVID-19, and in the short-term, foresees an increase in poverty, extreme poverty and inequality in the context of low economic growth.

Doing the math

With an anticipated 5.3 per cent GDP turun and 3.4 percentage poin increase in unemployment, poverty in Latin America is expected to jump by at least 4.4 percentage points - or a further 28.7 million people who will fall through the net - in 2020.