SA Insight: The BIG picture - contextualising its impact

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Given the lack of details and consensus within the government on a basic income grant (BIG), we provide a broad framework for contextualising any future decisions on such a policy. We simulate the impact of a BIG on key variables of the South African economy. The transmission mechanism through which the income grant affects the economy and local capital markets is largely dependent on how the grant is funded, while the size of transmissions into the economy would depend on how large the BIG is.

11 Aug 2021 English South Africa Business · Investing

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