Tapered Universal Basic Income: A Middle Ground for Poverty Alleviation
The article compares the effectiveness of a universal basic income (UBI) to a tapered UBI (TUBI) in reducing poverty in low and middle-income countries. While UBI gives money to everyone, TUBI gradually reduces the amount as household income increases. This can help target those who need it most without spreading resources too thin. The study suggests that TUBI could be a better option for reducing poverty in developing countries where many people work in the informal sector.