Economics
S. Africa Basic Income Grant May Push Emigration, Study Says
- Grant would require raising up to 100 billion rand a year
- South Africa has been ranked as world’s most unequal nation
Shoppers walk through a market in the central business district (CBD) of Pretoria, South Africa.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
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Implementing a basic income grant in South Africa, which has been ranked as the world’s most unequal nation, would slow economic growth and likely lead to the emigration of taxpayers, Intellidex said in a study.