Affiliation:
1. Yonsei University Seoul Republic of Korea
2. University at Albany United States of America
3. World Bank Washington United States of America
Abstract
AbstractThe response to the global COVID‐19 pandemic has prompted a surge in short‐term universal cash transfer programmes around the world. Notably, East Asian high‐income economies have been at the forefront of these initiatives. While the innovative nature of these universal cash injections has been emphasized, there is limited documentation regarding their characteristics, prospects, and underlying motivations. This article sheds light on the domestic political and institutional processes that led to the implementation and design of universal cash transfers in Hong Kong (China), Japan, Republic of Korea, Singapore and Taiwan (China). Overall, the analysis reveals that, within the framework of universality, a nuanced, diverse and dynamic set of operational choices emerge. A range of factors shaped the adoption and evolution of these programmes, including, for example, political pressures stemming from political party competition and efforts to maintain political legitimacy. In general, design parameters are not only defined in technocratic terms, but are negotiated politically.
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