• Title/Summary/Keyword: Basic Income

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A Critical Review On The Basic Income: Focusing on Types and Debating Issues (기본소득론 고찰 : 유형과 쟁점을 중심으로)

  • Kim, Sin-Young;Kim, Jin-Sook
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.3
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    • pp.221-227
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    • 2022
  • This study purports to deal with so-called basic income policy that Korea society has paid a great amount of attention to in welfare policy area. As an introduction, the definitions of basic income policy, and her natures and characteristics, and ideological foundation will be covered. Then, this study will discuss current debating issues upon basic income policy around the world such as basic income policy vs pre-existing social security systems, basic income policy and labor supply, the potential effect of basic income policy upon income redistribution, and feasibility of basic income as an actual policy. In conclusion, this study will investigate major criticisms on basic income policy and suggest viable paths that interested researcher should take for further study on basic income.

Basic Income models and its Effect on Income Redistribution. (기본소득 모델들의 소득재분배 효과 비교분석)

  • Baek, Seung ho
    • Korean Journal of Social Welfare Studies
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    • v.41 no.3
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    • pp.185-212
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    • 2010
  • This study simulates the effects of basic income on income redistribution in Korea, and compares the redistribution effects of basic income models with the effect of the current welfare system. Using the Korea Welfare Panel Study(2008), absolute/relative poverty rate, poverty gap ratio, gini coefficients are measured. As a result of simulation, the basic income models reduced poverty more effectively than the current system. And among the three basic income models, the basic income model combined with flat-rate tax reduced poverty more effectively. And the basic income model combined with progressive tax reduced inequality more effectively. The results of the study reported in this paper confirm the paradox of redistribution which suggest that the effect of universal welfare program on redistribution is the most noticeable.

A Study on the Local Effects of Basic Income Using System Dynamics: Focused on the Comparison of the Universal Cash Payment and Energy Payment-in-kind (System Dynamics를 활용한 기본소득의 지역 영향성에 대한 연구: 보편적 현금급여와 현물에너지급여의 비교를 중심으로)

  • Choi, In Su
    • Korean System Dynamics Review
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    • v.15 no.2
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    • pp.51-74
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    • 2014
  • Over the past few years Korea has achieved rapid economic growth, while the deepening polarization of income has negatively affected Korea economy and society. It can be the reason of this negative effect on economy that the increased income by the economic growth has not been distributed socially, but overly focused on one part of social class. One of the important and powerful solution of social polarization could be the strengthening of the income distribution. In these circumstances, the social interest and discussion on the universal welfare system and on the basic income as the means of income redistribution have been increasing. In this study, a system dynamic analysis was conducted to find how an universal cash payment as basic income providing cash benefits impacts on the promotion of consumption in private sector, of local jobs and of local economic organizations. Recently, the poor energy consumption ability of energy poverty became one of the social problems. Also it was analysed how an energy payment-in-kind as basic income influences on the energy consumption of the region, the energy production capacity, the promotion of local energy. The universal cash payment and energy payment-in-kind as the basic income policy showed similar and positive effects on the local economy system and on the local energy system respectively.

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Feasible Paths to Realizing Korean Basic Income (기본소득의 이상적 모형과 이행경로)

  • Kim, Kyo-seong;Baek, Seungho;Seo, Jeonghee;Lee, Sophia Seungyoon
    • Korean Journal of Social Welfare
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    • v.69 no.3
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    • pp.289-315
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    • 2017
  • Debate on basic income expanded worldwide as well as in South Korea. However, the expansion of these discussion has led to vigorous arguments for and against the various claims of basic income. In order to introduce basic income in Korea, discussing on the picture of Korean welfare state which includes basic income is important. In this study, 'Ideal Model of Korean Basic Income (and Welfare State)'is discussed and theoretically constructed using fuzzy-set ideal type approach, and feasible paths in realizing Korean basic income are suggested. This study attempts to contribute to a practical discussion on taking feasible and reasonable path to realize full basic income in Korean welfare state.

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An Examination of Financial Feasibility and Redistributive Effect of Universal Basic Income (기본소득의 재정적 실현가능성과 재분배효과에 대한 고찰)

  • You, Jong-sung
    • 한국사회정책
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    • v.25 no.3
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    • pp.3-35
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    • 2018
  • This article critically reviews the arguments that deny the financial feasbility and effectiveness of universal basic income as an alternative to existing social security systems and makes some suggestions to design effective and efficient basic income schemes. Regarding the financial feasibility of universal basic income, I argue that replacement of the existing regressive tax expenditures with universal basic income without raising tax rates can effectively reduce tax burden or provide income support to a majority of people except the rich. Addition of basic income to the tax base and reduction of the number of beneficiaries of public assistance and the amount of cash payment for them can further help save money. Regarding the redistributive effect, I note that the targeting ability of the existing social security systems is not good and that "the paradox of redistribution" that universal-type programs tend to be more redistributive than selective programs applies to universal basic income as well. I demonstrate significant redistributive effect of a hypothetical revenue-neutral basic income scheme and reviews several empirical studies done in Korea and abroad to show that basic income can be more effective in redistribution than social insurances or public assistance programs. Lastly, I emphasize the need to construct a reliable tax-benefit microsimulation model to help researchers to study redistributive effects of basic income schemes and other taxes and social policies.

The Effects of Basic Income Security on Poverty Elimination and Life Independence in Income Security Policies (소득보장 정책에서의 기본소득 보장이 빈곤해소와 생활자립에 미치는 영향)

  • Kim, Sung-Ki
    • Journal of Digital Convergence
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    • v.17 no.5
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    • pp.77-88
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    • 2019
  • This study is empirically intended to look into the effects of basic income security on poverty elimination and life independence in income security policies. To achieve this, poverty elimination and life independence through the national pension and basic pension as old-age pension for basic income security and the unemployment benefit and livelihood benefit as employment insurance were determined as dependent variables. The 10th data from Korea Welfare Panel Study were used in the statistical package program to analyze these variables. The overall findings showed that the national pension and basic pension as part of the old-age pension had a positive effect on poverty elimination and life independence. The unemployment benefit and livelihood benefit of employment insurance were not significant and they were rejected. And poverty elimination had a significant effect on life independence and it was adopted. Consequently, the old-age pension is a pensionable income security policy given to all the elderly with lower income, which it is very useful for guaranteeing a basic income. Poverty elimination leads to life independence through the guarantee of a certain basic income, suggesting that they are closely related to each other.

The Finnish and Dutch Basic Income Experiments: A Methodological Review (핀란드와 네덜란드 기본소득 실험의 방법론적 의미와 한계, 그리고 시사점)

  • Roh, Jungho
    • 한국사회정책
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    • v.25 no.1
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    • pp.71-96
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    • 2018
  • Globalization, deindustrialization, and the revolutionary development of technology has led to the concerns that existing social policies might not be fit for the current and upcoming society. At the same time, the idea of universal basic income has drawn significant attentions as the alternative to the old welfare state. There are pros and cons of basic income, and scholars of both sides stand against each other with their equivalently strong logics. In this situation, some governments have planned or conducted field experiments in order to estimate the causal effects of basic income. This study explores the Finnish and Dutch basic income experiments in methodological perspective. All the World have been watching the experiments in these two countries with keen interest. The results of these experiments will surely influence on the pros and cons of basic income in numerous countries, including South Korea. It is important to precisely figure out the methodological meanings and limitations of the experiments, for the experiments in both countries deal with only some partial components of basic income and have been exposed to many threats to internal validity. Therefore, scholars for and against basic income should be careful in interpreting the findings from these experiments. This study elucidate the methodological meanings and limitations of the Finnish and Dutch basic income experiments. Furthermore, this study extracts some lessons from these experiments that would be useful if scholars would have an opportunity to design and conduct a basic income experiment in South Korea.

An Exploratory Study on the Introduction of the Basic Income Program for Farmers - Focucing on Chungcheongnam-do - (농민기본소득제 도입에 관한 탐색적 연구 - 충청남도를 중심으로 -)

  • Park, Kyong-Cheol
    • Journal of Agricultural Extension & Community Development
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    • v.23 no.1
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    • pp.73-87
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    • 2016
  • The purpose of this study is to analyze the trends of basic income guarantee of which the discussion has been spreading in recent years and to explore the feasibility of this system in the rural areas of Chungchengnam-do. Basic Income Guarantee means a system in which all members of society could take regular incomes which is at a minimum necessary for their life without any conditions, and it is already introduced or being currently discussed in several countries and regions such as USA, Switzerland, Namibia. In Korea, it is currently claimed that breakthrough policy such as basic income guarantee for farmers should be introduced for farmers or rural residents who are facing the challenges of the double, namely the reduction of farm incomes and rural population due to the expansion of global free trade such as WTO and FTA since 1990s. Therefore, the policy considerations and suggestions for implementing the basic income guarantee for farmers in Chungcheongnam-do is explained in this paper.

Introducing an Supplemental Security Income Program for the Elderly in Korea: Experiences of the Developed Countries and the Effects of the proposed models (한국에서의 노인소득보충급여 도입방안 : 선진국의 경험과 제도도입 효과분석)

  • Lee, Sangeun;Jeong, Chanmi;Cho, Youngsheek
    • Korean Journal of Social Welfare Studies
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    • v.48 no.3
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    • pp.209-232
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    • 2017
  • This study proposes supplemental security income programs for the elderly to reduce the serious elderly poverty in Korea. The experiences of the supplemental security income programs for the elderly among the developed countries were investigated. Based on this, the Korean supplemental security income models were proposed, and the effects of the programs on the poverty, inequality, and finance were analysed. The results suggest the following implications. First, the supplemental security income programs cover a sizable portion of the elderly in Korea, and reduce substantially the poverty and inequality problems among the elderly. Second, the supplemental security income programs are efficient compared to the increase of the basic pension. Third, the effects were varied among the combinations of the basic pension models and the supplemental security income models. Therefore Korea needs to introduce an adequate policy mix consisting of basic income and supplemental security income programs so as to construct solid basic income security systems for the elderly.

Debating Universal Basic Income in South Korea (기본소득 논쟁 제대로 하기)

  • Back, Seung Ho;Lee, Sophia Seung-yoon
    • 한국사회정책
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    • v.25 no.3
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    • pp.37-71
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    • 2018
  • Since 2016, public and political interest on basic income has been increased beyond academic interest. The recent debate on basic income has expanded on issues regarding to the concrete implementation of basic income moving further than the debate on conception of the basic income in the abstract level. This study examines major critiques of basic income which was raised from social policy area and makes a counter-argument on these critiques. Major points summarized as follows. First, the problem of jobs and social insurance exclusion is not serious enough to call for basic income. Second, existing social security systems will be crowded out by excessive financial burden if basic income is introduced. Third, policies to cultivate citizens' capacities to cope with a technological change should be given priority over basic income. This study disputes these critiques by counter arguing four points. First, it is necessary to reconstruct welfare state based on basic income, given the labor market changes, such as long-term trend of employment change, newly emerging employment of platform companies, and inconsistency of platform labor and social insurance. Second, hypothesis of crowding-out effect on social security system is just a criticism that can be applied to the basic income initiative of the right-wing. Also, it is unable to find a logical basis or evidence of this hypothesis from the historical process of welfare state development or previous studies. Third, it is necessary to discuss how to reconfigure existing social security system and basic income which are complementary to each other and also have consistency with labor market as a configuration, not as a matter of choosing between basic income and social security system. Fourth, de-laborization does not mean a refusal to labor but a free choice, and the basic principle of social security is not needs but right. In conclusion, in order to develop more productive debate on basic income, it requires more sophisticated discussion and criticism from the point of view of the distributive justice; the debate on the sustainability of social insurance-centered welfare states; and debates on the political realization of basic income.