Fundamental principles of the UBI:
- Recurring payment: paid at regular intervals, not as a one-off payment
- Cash payment: Paid in cash, allowing those who receive it to decide what they will spend it on
- Individual Payment: Paid personally (not for family budget). The basic income of children under the age of 14 is usually transferred to their parents
- Universal payment: Paid to everyone, no confirmation is required
- Unconditional Payment: Paid without the need to complete work or demonstrate results of work
It is assumed that basic income will free people from the necessity to earn money for basic needs, provide them with time and support to put their dreams into action, including setting up their own businesses that will pay taxes to the state.
The experiments were carried out
in India (2012-2013), Spain (2016), Finland (2017-2018) Canada (2018), Kenya (2018), Russia (2019) and some other countries. In many cases, the experiment was conducted with a control group, a random sample of recipients, and the results were monitored several times within 1-2 years after the end of the experiment. Experiments demonstrated that for countries with stable economies, the UBI does not affect the status (the unemployed and the employed, as a rule, did not change their status), but it brings positive changes in well-being and mood. In countries with a high proportion of poor people, basic income was the most important factor in choosing education and booking a doctor's appointment. In general, UBI recipients experienced fewer health problems, and were significantly more confident about their future and their ability to influence social problems, than the control group.