The repeated covid-19 epidemic has a great impact on the production and life of residents, with the short-term rise of unemployment rate and the suppression of residents' income. In order to help residents cope with the impact of the epidemic, transfer payment to residents is a common means adopted by different countries and regions. From the practice of representative countries and regions, it can be divided into three categories:
The first type is the generalized system of preferences, which is typically represented by the United States and Hong Kong, China, and has three consecutive rounds of large-scale transfer payments to residents;
The second type is the system of first inclusive and then directional, with typical representatives of Singapore and Japan;
The third type is the orientation system, typically represented by the UK, which mainly provides subsidies for specific groups.
From the practice of transfer payment to residents in various countries and regions, the following characteristics are worth learning from:
First, the consistency of distribution purpose: ensure the relative stability of residents' income in the short term.
Second, the strength of the payment amount: the maximum ratio of subsidies to monthly per capita disposable income is close to 80%.
Third, the significance of distribution effect: it can stimulate the rapid repair of consumption in the short term.
Fourth, the pertinence of the distribution object: mainly low-income groups.
Fifth, the difference of payment amount: different amounts are paid for different groups.
Sixth, the effectiveness of distribution methods: electronic payment has become the mainstream.
Risk prompt event: 1. Risk of policy change. 2. The risk that the information and data used in the research report are not updated in time.
