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22 Minimum Income Standards in the Basic Income debate

  • Malcolm Torry
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Abstract

This chapter explores the concept or idea of “basic income” in relation to the growing work on reference budget standards, particularly in relation to the Minimum Income Standards (MIS) findings in the UK context. It confirms whether basic incomes should be paid to every individual at MIS levels or whether a Universal Basic Income (UBI) scheme as a whole should raise family incomes to the levels of the MIS. It also investigates what approach is both feasible and affordable to bring families and households closer to the MIS. The chapter marks new territory in the UBI debate, taking some of the first steps to join up important debates and explore issues surrounding UBI, MIS and reference budgets, both in theory and in practice. It discusses the feasibility of paying basic incomes at levels defined by the published MIS reports.

Abstract

This chapter explores the concept or idea of “basic income” in relation to the growing work on reference budget standards, particularly in relation to the Minimum Income Standards (MIS) findings in the UK context. It confirms whether basic incomes should be paid to every individual at MIS levels or whether a Universal Basic Income (UBI) scheme as a whole should raise family incomes to the levels of the MIS. It also investigates what approach is both feasible and affordable to bring families and households closer to the MIS. The chapter marks new territory in the UBI debate, taking some of the first steps to join up important debates and explore issues surrounding UBI, MIS and reference budgets, both in theory and in practice. It discusses the feasibility of paying basic incomes at levels defined by the published MIS reports.

Chapters in this book

  1. Front Matter i
  2. Contents v
  3. List of tables and figures viii
  4. Notes on contributors x
  5. Acknowledgements xix
  6. Preface from the series editors xx
  7. Foreword xxii
  8. Introduction
  9. An introduction to minimum income standards and reference budgets: international and comparative policy perspectives 3
  10. Case studies
  11. From normative budget standards to consensual minimum income standards in the UK 27
  12. Minimum Essential Standards of Living research in Ireland 39
  13. The French experience of reference budgets 55
  14. Minimum income research in Japan: its development and political implications 67
  15. Measuring needs and setting standards in Singapore 83
  16. A South African pilot of the Minimum Income Standards approach 97
  17. Reference budgets as tools for everyday life, evaluation and policy making in Finland 109
  18. Belgian reference budgets for social participation and their use for policy purposes 123
  19. The development, value and application of budget standards: reflecting on the Australian experience 139
  20. Estimating the cost of raising a child in Catalonia through the reference budgets approach 155
  21. Measuring poverty in the Netherlands: the generalised reference budget approach 169
  22. The Norwegian reference budget 185
  23. Minimum budgets for Danish families 197
  24. The Swedish Consumer Agency’s calculations of reference values for some of the most common household expense categories 207
  25. Cross-national and comparative perspectives
  26. The Slovenian experience with three methods for defining the minimum income 227
  27. Applying the Minimum Income Standard in diverse national contexts 241
  28. The steep and winding road to comparable reference budgets in Europe 255
  29. Adequate income in Portugal: a comparison of two estimation methods 271
  30. Policy and practice
  31. Basic needs budgets in policy and practice 291
  32. Establishing a national standard: the role of the UK’s Minimum Income Standard in policy and practice 307
  33. Minimum Income Standards in the Basic Income debate 319
  34. Conclusions
  35. Minimum income standards and reference budgets: past, present, future? 333
  36. Index 345
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