1Q 2019 Satisfaction Survey Report on the Youth Basic Income in Gyeonggi Province Basic Income Research Group(BIRG) August 2019
POLICY BRIEF 1Q 2019 Satisfaction Survey Report on the Youth Basic Income in Gyeonggi Province Basic Income Research Group(BIRG) August 2019 Gyeonggi Research Institute POLICY BRIEF 1Q 2019 Satisfaction Survey Report on the Youth Basic Income in Gyeonggi Province Basic Income Research Group(BIRG) August 2019 Gyeonggi Research Institute Gyeonggi Research Institute Preface Recently, basic income is attracting people’s attention. This is due to the fact that it is being considered as a countermeasure for solving the social issue that our society is confronted with. However, controversies related to basic income and confrontations in stances still exist acute. Amidst it, there has been big and small experiments and pilot projects conducted to identify the effect of policies. The substantial number of cases is demonstrating extremely positive results. However, the limit lies in the fact that majority of them are small in scale or are not free from experimental conditions. On the contrary, instead of relying on experiments, Gyeonggi Province has been implementing a policy in full scale, that is a project on payment of youth basic income since April 2019. The youth basic income in Gyeonggi Province involves paying out KRW 1 million in the form of regional currency 4 times in a year individually to youths (age of 24) who has been residing in Gyeonggi Province for at least three consecutive years. Those eligible to receiving payment in a year are approximately 175,000 people, making this policy the second biggest in the world after the State of Alaska in USA in terms of scale. It is a case that is gaining international attention not only because of its scale but also because it is not an experiment and is an actual policy in implementation.
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