Knowledge Note

"Learn about what the concept of universal basic income really means, and how to implement it in practice."

Universal basic income (UBI) is emerging as one of the most hotly debated issues in development and social protection policy. But what are the features of UBI? What is it meant to achieve? How do we know, and what don’t we know, about its performance? What does it take to implement it in practice?

Drawing from global evidence, literature, and survey data, this Overview of a World Bank Book with the same name provides a framework to elucidate issues and trade-offs in UBI with a view to help inform choices around its appropriateness and feasibility in different contexts. This work also also reviews past and current country experiences, surveys the full range of existing policy proposals, provides original results from micro–tax benefit simulations, and sets out a range of considerations around the analytics and practice of UBI.

This Knowledge Note is an Overview of a book published by the World Bank, entitled Exploring Universal Basic Income: A Guide to Navigating Concepts, Evidence, and Practices and is accessible here.