scholarly journals Basic income and its applicability in Turkey

2021 ◽  
Vol 65 ◽  
pp. 6-26
Author(s):  
Senem Çakmak Şahin ◽  
İbrahim Engin Kılıç
Keyword(s):  
Income Distribution ◽  
Income Tax ◽  
Poverty Line ◽  
Poverty Rate ◽  
Easy Access ◽  
Basic Income ◽  
The World ◽  
Significant Burden ◽  
The Cost ◽  
Comprehensive Study

AbstractIn search of justice in income distribution and easy access to necessities by everyone, basic income (BI) has become one of the main topics of conversation. However, there is no comprehensive study on the cost and effect of BI in Turkey. This study aims to set a theoretical framework for BI, compare different views on the topic, evaluate implementations from the world, and analyze the feasibility of a BI program in Turkey by estimating its costs and distributional consequences using a tax–benefit microsimulation. The results show that, although it improves the income distribution, implementing a basic income scheme financed by income tax would impose a significant burden on the upper half of the income distribution due to widespread poverty and income inequality. In the baseline, individual-based scenario, every individual aged 15 or above is granted a BI equal to the poverty line, while children below age 15 are granted 30 percent of this amount. This plan costs 17.77 percent of the gross domestic product and it is covered by multiplying current income tax by 3.54. Implementation of this plan decreases the poverty rate from 12.43 percent to zero and the Gini index from 0.388 to 0.181.

scholarly journals THE COST OF NEGATIVE INCOME TAX AS A FISCAL MEASURE TO TACKLE POVERTY IN NORTH MACEDONIA

2020 ◽  
Author(s):  
Ivana Velkovska
Keyword(s):  
Income Tax ◽  
Aggregate Demand ◽  
Household Consumption ◽  
Poor People ◽  
Basic Income ◽  
Positive Effects ◽  
Negative Income ◽  
The World ◽  
The Cost ◽  
Negative Income Tax

This paper makes an effort to evaluate the cost of negative income tax as a fiscal measure aiming to tackle the persistent high poverty rate in Macedonia. Poverty, income inequality and unemployment are expected to rise all around the world due to the pandemic corona virus outbreak and the subsequent economic crisis. Governments around the world have already implemented measures similar to universal basic income with the purpose of increasing household consumption and stimulating aggregate demand but also to mitigate the devastating effects that the recent unfavorable economic developments have on the citizens living in poverty or are at the risk of poverty. However, shrinking fiscal spaces of small economies could be an obstacle to implement such policies. Compared to universal basic income, negative income tax is a less costly policy option that targets the population living in poverty instead of providing payments to everyone regardless of their income. The analysis based on the available data is indicating that implementing such policy would cost as much as 9.7 billion MKD per year, which is 4% of the planned state budget revenues for Y2020, 8% of the planned social transfers for Y2020 and 29% of the funds that the state has made available for tackling the COVID 19 crisis so far. In addition, the negative income tax could trigger various positive effects on the economy. Since poor people spend almost all of their income, it could be expected that implementing negative income tax would rise household consumption. According to the empirical analysis in this paper, household consumption is in highest correlation to GDP growth in Macedonia compared to the other explanatory variables (government consumption, investments, import and export).

‘The Pragmatist’s Solution to Poverty’

2019 ◽  
pp. 125-144
Author(s):  
Peter Sloman
Keyword(s):  
Low Income ◽  
Income Tax ◽  
Tax Credits ◽  
Basic Income ◽  
British Government ◽  
Conservative Government ◽  
System P ◽  
Low Income Families ◽  
The Cost ◽  
Negative Income Tax

The ‘rediscovery of poverty’ prompted a wide-ranging debate over how the British government could best support low-income families. One radical response came from Edward Heath’s Conservative government, which published plans to replace the whole system of personal tax allowances with refundable tax credits—the closest any British government has come to introducing a Universal Basic Income. This chapter examines the origins of the Tax Credit Scheme in 1971–2, which was devised by special adviser Arthur Cockfield in response to the rising cost of tax administration and the difficulty of establishing a selective Negative Income Tax in Britain. As the plans took shape, however, the cost of introducing the reforms on a no-losers basis became a source of growing concern within government. Indeed, Treasury officials were relieved when Labour’s victory in the February 1974 election made it possible to jettison the scheme and focus on simplifying and computerizing the PAYE system.

Space Elevator

2011 ◽  
pp. 312-331
Author(s):  
Paul E. Nelson
Keyword(s):  
High School ◽  
Cost Saving ◽  
Science Fiction ◽  
Low Cost ◽  
Outer Space ◽  
Daily Basis ◽  
Easy Access ◽  
The World ◽  
Survey Results ◽  
The Cost

Currently, transporting cargo into Outer Space is not only expensive, but a complicated and prolonged process. The Space Shuttles used today are inadequate, overused and obsolete. At this time, there are efforts all around the world to make Space more accessible. There have been many proposals to solve the Space transportation dilemma. One proposal is the creation of a Space Elevator. The Space Elevator would provide low-cost, easy access to Space by dramatically reducing the cost of sending cargo into Space. A $10-$100 per pound the Space Elevator would provide an astounding cost-saving compared to the tens of thousands of dollars per pound it costs today. This low-cost access to Space would make it possible to substantially increase the amount of cargo that could be sent into Space on a daily basis. The first part of this paper describes how the Space Elevator is expected to work, and the advantage of access to space via the SE versus using primarily rockets. A compendium of information from a variety of sources is included in order to explain how the Space Elevator would be designed, constructed, and how it could solve the problems of transporting cargo into Space easily, cheaply, and frequently. The Space Elevator is a relatively new topic in the area of realistic science concepts and was merely science fiction not too long ago. The Space Elevator (“SE”) concept has only been in the spotlight in the last five years due to the work of Dr. Bradley Edwards of Carbon Designs Inc. Acceptance of the SE will be a difficult task for many reasons. One of these is that most people do not know about the SE concept, and those who do, tend to have trouble believing it is possible to build. In order to determine the best way of integrating the SE concept into society, a survey was conducted at Darien High School. The survey included such topics as the naming of "The Space Elevator," and how best to get the younger generation interested in the idea. The second part of this paper describes how to utilize the survey results to further the SE concept.

Poverty as a global problem of humankind

2021 ◽  
Vol 27 (12) ◽  
pp. 2785-2806
Author(s):  
Eka R. ERMAKOVA ◽  
Dar'ya V. VASHURKINA
Keyword(s):  
International Organizations ◽  
Poverty Line ◽  
Economic Problem ◽  
Standard Of Living ◽  
Comparison Analysis ◽  
Extreme Poverty ◽  
The World ◽  
Analysis And Synthesis ◽  
Estimate Method ◽  
Comprehensive Study

Subject. This article considers poverty as a global economic problem and explores its level in the countries of the world. Objectives. The article aims to conduct a comparative analysis of the level of poverty of the population in the countries of the world according to international and national criteria. Methods. For the study, we applied a comprehensive approach using comparison, analysis and synthesis, and the normalized estimate method. Results. A comprehensive study of poverty shows that the phenomenon of poverty is inherent in all economies of the world, and the situation of the poor is deteriorating and complicated by the spread of the COVID-19 pandemic. Conclusions. The activities of international organizations to overcome poverty bring good results – the percentage of the population in the countries of the world beyond the threshold of extreme poverty is decreasing. Overcoming the problem of hunger and extreme poverty, countries face a new challenge, namely, ensuring a decent standard of living and establishing adequate national criteria for the poverty line.

Neglect of Growing Income and Asset Inequalities: A Flaw in Public Policy Discourses in India

2018 ◽  
Vol 12 (2) ◽  
pp. 149-180 ◽  
Author(s):  
S. L. Shetty
Keyword(s):  
Income Tax ◽  
Growth Strategy ◽  
Inclusive Development ◽  
Tax Revenue ◽  
Inclusive Growth ◽  
World Economic Forum ◽  
The World ◽  
World Economic ◽  
Policy Failures ◽  
Comprehensive Study

The article seeks to flag a fundamental flaw in public policies in India, namely, the neglect of growing inequalities in income and asset distributions and their causes and consequences. The article sets out a series of direct and indirect indicators of income and asset inequalities: inter-sectoral inequalities between rural-urban and farm and non-farm incomes, inter-state inequalities, gross inequalities in the distributions of urban incomes as per income-tax revenue statistics and explosive increases in remunerations of company executives. It has been pointed out that both in conception and actual implementation of the “inclusive growth” strategy, serious compromises have been made and inequalities have got worsened. In this respect, the article quotes extensively a comprehensive study done by the World Economic Forum very recently, which points out how India scores very poorly in its Inclusive Development Index (IDI) and attributes it to various policy failures.

The Cost of Basic Income: Back-of-the-Envelope Calculations

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Karl Widerquist
Keyword(s):  
Poverty Line ◽  
Federal Spending ◽  
Basic Income ◽  
Net Benefit ◽  
Marginal Tax Rate ◽  
Tax Rate ◽  
Real Cost ◽  
Practical Proposal ◽  
Simplifying Assumptions ◽  
The Cost

AbstractThis article shows how the cost of Universal Basic Income (UBI) is often misunderstood and greatly exaggerated. It then presents simple, “back-of-the-envelope” estimates of the net cost of a UBI set at about the official poverty line: $12,000 per adult and $6,000 per child with a 50 % “marginal tax rate.” These back-of-the-envelope calculations present a greatly simplified UBI scheme meant not as a practical proposal but as a method to obtain a ballpark estimate of the cost of UBI in isolation. Even with simplifying assumptions, these figures are several times more accurate than many common but exaggerated estimates. Key findings of this study include the following. The net cost — the real cost — of this UBI scheme is $539 billion per year: about one-sixth its often-mentioned but not-very-meaningful gross cost of about $3.415 trillion. The net cost of this UBI scheme is less than 25 % of the cost of current U.S. entitlement spending, less than 15 % of overall federal spending, and about 2.95 % of Gross Domestic Product (GDP). The average net beneficiary is a family of about two people making about $27,000 per year in market income. The family’s net benefit from the UBI would be nearly $9,000, raising their income to almost $36,000.

scholarly journals Remote Sensing of Urban Poverty and Gentrification

2021 ◽  
Vol 13 (20) ◽  
pp. 4022
Author(s):  
Li Lin ◽  
Liping Di ◽  
Chen Zhang ◽  
Liying Guo ◽  
Yahui Di
Keyword(s):  
Remote Sensing ◽  
Social Services ◽  
Urban Areas ◽  
Urban Poverty ◽  
Economic Cost ◽  
Poverty Line ◽  
Poverty Rate ◽  
Machine Learning Techniques ◽  
The Sustainable Development ◽  
The World

In the past few decades, most urban areas in the world have been facing the pressure of an increasing population living in poverty. A recent study has shown that up to 80% of the population of some cities in Africa fall under the poverty line. Other studies have shown that poverty is one of the main contributors to residents’ poor health and social conflict. Reducing the number of people living in poverty and improving their living conditions have become some of the main tasks for many nations and international organizations. On the other hand, urban gentrification has been taking place in the poor neighborhoods of all major cities in the world. Although gentrification can reduce the poverty rate and increase the GDP and tax revenue of cities and potentially bring opportunities for poor communities, it displaces the original residents of the neighborhoods, negatively impacting their living and access to social services. In order to support the sustainable development of cities and communities and improve residents’ welfare, it is essential to identify the location, scale, and dynamics of urban poverty and gentrification, and remote sensing can play a key role in this. This paper reviews, summarizes, and evaluates state-of-the-art approaches for identifying and mapping urban poverty and gentrification with remote sensing, GIS, and machine learning techniques. It also discusses the pros and cons of remote sensing approaches in comparison with traditional approaches. With remote sensing approaches, both spatial and temporal resolutions for the identification of poverty and gentrification have been dramatically increased, while the economic cost is significantly reduced.

scholarly journals ANALISIS PENDAPATAN NELAYAN PADA KAPAL MOTOR 5-10 GT DI KABUPATEN ACEH BARAT DAYA

2016 ◽  
Vol 3 (1) ◽  
Author(s):  
Zuriat Zuriat
Keyword(s):  
Poverty Line ◽  
Sampling Techniques ◽  
Average Income ◽  
Marine Fishery ◽  
The World ◽  
Fishery Products ◽  
The Cost ◽  
Descriptive Method

The potential of Marine Fishery in Aceh Barat Daya is a source of income for fishermen in meeting their household needs. The fact shows the great potential fishing has not been able to increase the income and welfare of the fishermen. This study aims at understanding the life of fishermen in terms of income and welfare. The method used in this research is descriptive method of sampling techniques by simple rand om sampling of the population 178 motor boats. The results showed that the income of the fishermen has been already above the poverty line although it is still under the World Bank’s standard. Of the expenditure, the primary need (food) is still greater so that it is concluded that the fishermen’s life is not yet welfare. It also demonstrated the value of the average income sea is below 1, and at 43,75 %  NTN fisherman families under 1. For that reason, there is a need to develop the concept of the poverty line due to  changes in the cost of primary needs such as children’s are concerned(snack), phone credits (communication) and motorcycle fuel (transportation).  as  well as the need to increase the number and size of motor boats in exploiting the potential of fish optimally while increasing the production of fishery products , which in turn increases the income and welfare of fishermen families .

On strategy for the development of multifunctional social infrastructure complexes in the ‘Smart City’ paradigm

2020 ◽  
Vol 26 (7) ◽  
pp. 1469-1495
Author(s):  
A.L. Sabinina ◽  
V.V. Sokolovskii ◽  
N.A. Shul'zhenko ◽  
N.A. Sychova
Keyword(s):  
Smart City ◽  
Housing Demand ◽  
Infrastructure Development ◽  
Social Infrastructure ◽  
Strategic Decisions ◽  
Demand And Supply ◽  
Living Space ◽  
Two Stages ◽  
The Cost ◽  
Comprehensive Study

Subject. The article describes the findings of the authors of fundamental strategic decisions on the formation of multifunctional urban complexes, using the housing demand and supply criterion. Objectives. We undertake a comprehensive study aimed at perfecting the methodology for evaluating the options for city infrastructure development at two stages, i.e. strategic, when general targets of feasible commissioning are determined, and current, when parameters of demand for facilities are taken into account. Methods. The study employs methods of expert survey, statistical data processing, predictive and investigative analysis. Results. We explored factors of creating amenities and comfort in residential construction areas, developed an algorithm to calculate the volume of new living space commissioning on the basis of evaluating demands in the Smart City paradigm. Conclusions. The study shows the cost increase depending on the built-up area, number of floors, and the balance between the type of capacity and the number of residents in the quarter (linear relationship).

Remittance and Economic Development of Nepal

Patan Pragya ◽  
2019 ◽  
Vol 5 (1) ◽  
pp. 196-208
Author(s):  
Badri Narayan Sah
Keyword(s):  
Economic Development ◽  
Household Income ◽  
Poverty Reduction ◽  
Economic Status ◽  
Poverty Rate ◽  
Daily Consumption ◽  
Gulf Countries ◽  
The World ◽  
Internal Sources ◽  
Sources Of Capital

Nepal is one of the least developed but high remittances recipient countries in the world. Nepal received remittance from US$ 8.1 billion in 2016 and it is ranked 23rd among the remittance receiving countries in the world. Remittance income is one of the major sources of capital formation in the context of Nepal. It is directly related with the labour migration in a country which in return enhances foreign employment. Remittances have become a major contributing factor to increasing household income as well as country’s GDP. About 30 percent of Nepal’s GDP comes in the form of remittance money which is sent home by Nepalese working abroad and it helps to reduce country’s poverty rate. Poverty reduction took place in Nepal from 42 percent (1995/96) to 25.2 percent (2010/11). Nepal’s remittance recipients reached 31.5 percent GDP in 2015. The total amount of remittance in the country is 259 billion and among which 20 percent is internal sources, 11 percent from India and 69 percent from Gulf countries. Remittance received by the households is mainly used for daily consumption (79 percent) and remaining other purposes. Moreover, Nepal’s economic status mostly depends on remittance received which is therefore migration driven economy.

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