2023-09-28 14:46:10 +00:00
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abstract: 'The global economic crisis caused by the coronavirus pandemic has
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further stimulated the interest in the universal basic income (UBI).
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Proponents believe that UBI, in addition to reducing poverty and
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economic inequality, can be a useful instrument for mitigating the
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effects of the crisis and at the same time an important bulwark in
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creating a completely different economic and social paradigm. UBI
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reaches beyond economic policies and is a matter of moral and social
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commitment; it is at the same time a program and an ideal that radically
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changes society by strengthening mutual responsibility and solidarity,
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strengthening reliability in institutions. The implementation of the UBI
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places justice as a stronghold of social reality; it connects the
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categories of economic and social value and blurs established
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assumptions between labour, capital and well-being. The paper presents
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the basic features of UBI and some obstacles in its implementation. The
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possible role that basic income can play in the changes in the structure
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of employment and productivity brought about by the Fourth Industrial
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Revolution are discussed and examples of countries that have designed
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pilot projects of customized UBI according to different models are
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given. Criticisms of the concept are presented, among others, that UBI
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violates the principles of rational economic behaviour and the intrinsic
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meaning that work brings to people; the problem of moral aberration or
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the inadequacy of the role of the state to take full responsibility from
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the individual to cover the necessary costs of living; as well as the
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problem of the huge costs that states may have in designing and
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implementing UBI rograms, which is ultimately reflected in possible tax
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increases or inflationary risks. Special attention in the paper is paid
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to the issue of economic sustainability of UBI.'
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affiliation: 'Tipuric, D (Corresponding Author), Ekonomski Fak, Trajnom Zvanju, Zagreb,
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Croatia.
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Tipuric, Darko, Ekonomski Fak, Trajnom Zvanju, Zagreb, Croatia.
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Garaca, Zeljko, Ekonomski Fak, Trajnom Zvanju, Split, Croatia.
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Krajnovic, Ana, Ekonomski Fak, Zagreb, Croatia.'
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author: Tipuric, Darko and Garaca, Zeljko and Krajnovic, Ana
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author-email: 'dtipuric@efzg.hr
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garaca@efst.hr
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akrajnovic@net.efzg.hr'
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author_list:
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- family: Tipuric
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given: Darko
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- family: Garaca
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given: Zeljko
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- family: Krajnovic
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given: Ana
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da: '2023-09-28'
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doi: 10.32910/ep.71.6.4
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eissn: 1848-9494
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files: []
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issn: 0424-7558
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journal: EKONOMSKI PREGLED
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keywords: 'universal basic income; guaranteed minimum income; COVID-19; social
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welfare; economic crisis'
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keywords-plus: TRANSFERS
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language: Croatian
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month: DEC
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number: '6'
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number-of-cited-references: '35'
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pages: 632-656
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papis_id: a1c8af2191b3df9569731db0019daf88
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ref: Tipuric2020universalbasic
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tags:
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- review
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times-cited: '0'
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title: 'UNIVERSAL BASIC INCOME: UTOPIA OR FUTURE REALITY'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000606630400004
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usage-count-last-180-days: '5'
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usage-count-since-2013: '37'
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volume: '71'
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web-of-science-categories: Economics
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year: '2020'
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