Unconditional Basic Income’s Prospects in China

DOI

10.2991/hssmee-18.2018.77How to use a DOI?

Keywords

Basic income; Social security; welfare states; employment.

Abstract

The rapid development of robots and Artificial Intelligence poses a challenge to the employment of low-level workers and even all human beings, which makes the policy of basic income necessary. China, as the most populous country in the world, should be more cautious in confronting this shock. This paper discusses the applicability of UBI in China. Using the experiments in developing countries as illustration, the paper discusses the trade-offs that need to be recognized in adopting a UBI in such contexts. The conclusion is that replacing the existing social security systems in China with a UBI will yield a positive effect on economic and social stability in the near future. For nowadays, limited by the existing economic system and per capita GDP, targeted poverty alleviation measures may be more effective. However, the replacement of man by machine is inevitable, Thus Chinese government should take precautions like conducting relevant trials.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yuexin Pang
AU  - Chi Zhang
PY  - 2018/09
DA  - 2018/09
TI  - Unconditional Basic Income’s Prospects in China
BT  - Proceedings of the 2018 International Symposium on Humanities and Social Sciences, Management and Education Engineering (HSSMEE 2018)
PB  - Atlantis Press
SP  - 460
EP  - 466
SN  - 2352-5398
UR  - https://doi.org/10.2991/hssmee-18.2018.77
DO  - 10.2991/hssmee-18.2018.77
ID  - Pang2018/09
ER  -