Adopting a broader perspective of the macroeconomics of basic income support, this podcast captures the dynamic feedback mechanisms and trade-offs between redistribution, social relief and debt accumulation in the South African economy. Inspired by research in the Basic Income Support Research Project entitled “The macroeconomics of establishing a basic income grant in South Africa”, ERSA’s host speaks to two of the three co-authors of the paper, Hylton Hollander form Stellenbosch University and Daan Steenkamp, from Codera Analysitcs.
Is a universal basic income or a targeted basic income is more effective on the margin? How does funding these social transfers through debt or taxes impact the economy in the long run and how would increasing taxes impact an already small tax base? This podcast is for those who want a practical view on a highly debated topic. It sheds light on the importance of well-timed announcements and the matter that without strong economic growth and structural reform, basic income support is unsustainable. We hope you enjoy!
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