Unconditional Basic Income’s Prospects in China
- Yuexin Pang, Chi Zhang
- Corresponding Author
- Yuexin Pang
Available Online September 2018.
- https://doi.org/10.2991/hssmee-18.2018.77How to use a DOI?
- Basic income; Social security; welfare states; employment.
- The rapid development of robots and Artificial Intelligence poses a challenge to the employment of low-level workers and even all human beings, which makes the policy of basic income necessary. China, as the most populous country in the world, should be more cautious in confronting this shock. This paper discusses the applicability of UBI in China. Using the experiments in developing countries as illustration, the paper discusses the trade-offs that need to be recognized in adopting a UBI in such contexts. The conclusion is that replacing the existing social security systems in China with a UBI will yield a positive effect on economic and social stability in the near future. For nowadays, limited by the existing economic system and per capita GDP, targeted poverty alleviation measures may be more effective. However, the replacement of man by machine is inevitable, Thus Chinese government should take precautions like conducting relevant trials.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yuexin Pang AU - Chi Zhang PY - 2018/09 DA - 2018/09 TI - Unconditional Basic Income’s Prospects in China BT - 2018 International Symposium on Humanities and Social Sciences, Management and Education Engineering (HSSMEE 2018) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/hssmee-18.2018.77 DO - https://doi.org/10.2991/hssmee-18.2018.77 ID - Pang2018/09 ER -