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Showing posts with label Study In Europe. Show all posts
Showing posts with label Study In Europe. Show all posts

Wednesday 4 January 2017

Scotland join Finland in launching scheme to offer everyone a basic monthly income

Scotland join Finland in launching scheme to offer everyone a basic monthly income regardless of employment status or salary



Scotland is poised to join Finland and Canada in testing Universal Basic Income (UBI), a welfare system in which all citizens are given a fixed sum of money, regardless of their income or employment status. Any money earned from salaries or businesses is then taxed progressively. 
Proponents of UBI say that it could empower people by offering them the flexibility to earn, learn, start a family or a business, safe in the knowledge that they will have enough money to get by. It is seen as a means to reduce welfare dependency and income inequality.
Critics believe UBI is nothing more than a socialist utopian ideal or “fairytale”. They say that it would be unaffordable, leading to tax hikes and discouraging business investment whilst causing a drop in productivity. They also argue that, given everyone would receive the benefit, it would do nothing to combat inequality.
As Fife and Glasgow look into establishing trial schemes for 2017, Finland is already one step ahead. Though some smaller, successful trials have gone on at local level since the 1970s from India to the United States, Finland will be the first to conduct a UBI experiment on such a scale. The two-year pilot scheme will provide 2,000 – 25 to 58 year-old, unemployed Finnish citizens with a monthly basic income of 560 euros replacing their other benefits. They will continue to receive the UBI even if they find work.
For Kela, the organisation running Finland’s social security and managing the pilot scheme, the hope is to see an increase in employment and a reduction in the current costly bureaucratic mechanisms which can, reportedly, discourage some people from finding employment.
Scotland has seen a huge increase in health inequality, poverty and the use of food banks in recent years. In Glasgow where one-third of all children are living in poverty, the idea is being warmly welcomed by the public and supported by both the SNP and Labour.
The Guardian quoted radical Economist and UBI champion Guy Standing on the subject. It said: “The sense of insecurity, the stagnating living standards, all of those things are clear in Scotland and the fact that so many within the SNP are supportive means there’s a real opportunity to do a pilot in Scotland… People relate to the idea that everyone should have a social dividend. Everywhere I go, it’s the communities that feel left behind by globalisation that are most interested [in the idea of a basic income]. We have seen a sea-change in attitudes.”
UBI is still a pipe dream for most, even Finland is only at the very beginning of a long and time-consuming study but if the results are promising, this could mark a new era in the relationship between the individual and the state.

Tuesday 6 December 2016

2016 Italy’s Tourism – The Economy’s Most Beneficial Growth Factor


The Italian Tourism industry has grown into the most important growth factor for the country’s economy in 2016. This trend is likely to be steady over the next two years as well. Italy’s GDP is expected to rise by 0.9% this year and tourism by 1.5%. The tourism turnover makes up 171 billion euros, which accounts for 11.8% of the nation’s GDP. This sector alone employs around 3.1 million people, that’s 12.8% of the workforce in Italy.
The positive trend in Italy has not slowed down despite an impaired environment or global competition of increasing supply on an international scale. Arrivals have increased by an approximate 3% in 2016 and are predicted to progress at this rate next year and in 2018 as well.
These statistics were declared in Rome at a conference regarding resources and strategies of Italy’s tourism. The average duration of stay, 3.5 days and the average per day expenditure of 108 euros have increased as well.
At the conference, the tourism industry also presented the strategy for 2017-2022. In lieu of expanding digitalization (duty-free shopping will be digitized from January 1st, 2017 at Italian airports) and infrastructure improvement, the tourism industry’s focal point will be on sharing economy. Currently, it accounts for 15% from the tourism sector.
Nonetheless, this year was not entirely positive for Italy’s tourism. The Vatican’s promoted “Jubilee Year” was no doubt a religious success, but was not an economic one by any means. As per many travel companies, pilgrims could be concerned about likely terrorist attacks throughout the tours.

Rome’s hotel association reported a meagre 1.2% rise in arrivals. The city with the highest increase in tourists (over 4.5%),Milan, not only benefited from the exhibition convened last year…but also benefitted from the expanding trade, business and shopping tourism. Tourism in winter, amid others, is also increasing this year.

Friday 16 September 2016

European Education Fair

Study In Italy


Attend our upcoming European Education Fair in Hyderabad, Vijayawada, Bangalore, Kochi, Calicut & Trivandrum  and join in a question-answer and career counseling session with the foreign delegates.
Attend FREE Seminar by World Top University.
Hyderabad – 3rd Oct 2016.
Vijayawada – 4th Oct 2016
Bangalore – 5th Oct 2016
Kochi – 6th Oct 2016
Calicut / Trivandrum – 7th Oct 2016
To know more details Contact us on 9676502888