Can Monthly Cash Payments Make Our Economy More Equitable?

A dollar sign forms one of the columns of a stately building

From Sonali Kolhatkar / Yes! Magazine: Guaranteed income programs aim to reduce poverty by providing cash to those in need with no strings attached. One of these programs in New York City, The Bridge Project, focuses on helping women of color who are mothers.

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From Abby Vesoulis, Abigail Abrams / TIME: A guaranteed income program is giving people the financial security to invest in themselves, avoid predatory loans, pay off debt, and improve their general quality of life. The lack of conditions on how...

From Deepali Khanna / Forbes: India’s Governmental program MUDRA Yojana sets up small loans to microentrepreneurs. Combined with SEMA (Self-Employed Women’s Association), the aim is to bolster growth of women entrepreneurs, reduce poverty, and increase the number of women entrepreneurs...

From Rhitu Chatterjee / NPR: A unique program in Bogotá called Manzanas del Cuidado (Care Blocks) provides free activities and services to unpaid caregivers in local neighborhoods. These services span everything from wellness classes to professional training to educational courses....

From Sunil Jain / The Financial Express: SEWA-INBI pilots a basic universal income program for two villages in Madhya Pradesh. These funds enabled residents to pay for facilities and electricity in their homes, buy better cooking fuel, increase the weight...

From Sarah Trent, Khaliun Bayartsogt / Devex: Herders in Mongolia have resorted to cooperative shared funds to keep their pastures afloat, a sign of a slow tilt towards greater collaboration and trust in the area. The shared funds act as...

From Isabella Breda / Yes! Magazine: Despite a nationwide months-long coronavirus lockdown in Norway, the economy was able to remain stable due to a “decades-long effort to create an equitable economy” that helped the government to enact a package that...

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