earticle

영어

Recently it is being insisted that the basic income program be introduced in Korea. We can imagine two kinds of the feasible basic income programs. One is the simple basic income programs, replacing the existing social benefits. The other one is the supplementary one, supplementing the existing social benefits. If the simple basic income program were put into practice, people would enjoy income security without exception, the level of income security would be higher and the efficiency for mobilization and distribution of resources would increase. But the social benefit for the industrial accident workers would be decreased too much. If the supplementary basic income program were put into operation, the merits of the simple basic income program would be sustained and the demerits would disappear. But, compared with even for current income security system of Sweden, it would have many problems. The replacement rate of the existing income by the social benefits would be too low. The minimum living standard of all people would not be guaranteed because of the high private share of cost for medical service and so forth.