5th Conference on the Regulating for Decent Work Network: Future of Work
Can a universal basic income resolve future income security challenges?
Universal basic income approaches are currently high on the agenda as possible policy options to resolve the income security challenges that emerge on the one hand from new forms of work in the wake of digitalization and automation, as well as from informal and precarious employment.
There is however a wide diversity of proposals on the table, which drastically differ in terms of the level of the proposed basic income, the prospective recipients, financing modalities, and the benefits and services that such a universal basic income would replace, as well as on the expected economic and social impacts. One of the ongoing pilot tests of a universal basic income approach is currently conducted by the Finnish Social Insurance Institution (KELA), which will be presented and discussed in this session.