Saturday, April 16, 2016

Testing Universal basic income in Kenya

"GiveDirectly currently uses M-PESA and MTN, cellphone-based payment systems popular in East Africa, to distribute big lump-sum payments to desperately poor people in Kenya and Uganda. So far, it's gotten results: A randomized evaluation of the charity found that recipients ate more and experienced less hunger, invested in expensive but worthwhile assets like iron roofs and farm animals, and reported higher psychological well-being. They were less hungry, richer, and all-around happier.
For its basic income project, the group will randomly select dozens of villages in Kenya (it already has a specific region selected) with about 6,000 people in them total and, starting at the end of this year, provide every current resident with a basic income for the next 10 years, potentially continuing even after that. The group is still finalizing details, but the payment is expected to be about $0.70 to $1.10 per person per day. It will likely vary from village to village to allow for more testing. More than 15,000 people total will get some form of cash transfer from the project, including the 6,000 getting a full UBI."

All of this will be proven and implemented after my generation, unfortunately.  I have hope for the future.

No comments: