Guaranteed living income
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A guaranteed living income (GLI), sometimes referred to as basic income guarantee (BIG), guaranteed minimum income (GMI), or just minimum income, is a living income that is guaranteed to those individuals meeting certain conditions.
Where the guarantor is a government, GLI is a form of welfare.
Examples
- Mincome: Dauphin, Manitoba - 1974-1979
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Reference
Related
- 2014-02-01 [L..T] BIG and Technological Unemployment: Chicken Little Versus the Economists "The paper rehearses arguments for and against the prediction of massive technological unemployment."
- 2011-12-01 [L..T] Do Europe's Minimum Income Schemes Provide Adequate Shelter against the Economic Crisis and How, If at All, Have Governments Responded? "The present economic crisis comes against the background of decades of policy changes that have generally weakened the capacity of social safety nets to offer citizens with adequate resources for financial survival when labour markets fail to do so. Building on data for 24 European Union countries, this paper asks whether EU governments implemented additional measures during the first phase of the crisis to improve safety nets."
- 2009-04-01 [L..T] Assessment of Minimum Income Schemes in Spain "...this report points out the need to make progress in cover for situations of social exclusion and need. It also makes clear that wide-reaching protective cover (such as Spain's) for situations of need is not enough if unaccompanied by quality services or enhanced protective intensity with a view to surmounting the situation of relative poverty. Nor is it sufficient if unaccompanied by real opportunities to enter the labour market."
