Building assets from birth: a global comparison of Child Development Account policies

Asset building is a growing theme in public policy, and building assets from birth in the form of Child Development Accounts is now occurring in several countries. This article provides an overview of the Child Development Account policies in Singapore, Canada, the UK and Korea, and the proposed pol...

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Bibliographic Details
Published in:International journal of social welfare 2009-04, Vol.18 (2), p.119-129
Main Authors: Loke, Vernon, Sherraden, Michael
Format: Article
Language:English
Subjects:
asset-based welfare
Assets
Canada
Child Development
child development account
Child welfare
Comparative studies
Cross-national analysis
Investment
Savings
Savings accounts
Singapore
Social integration
Social Policy
Social services
Social welfare
South Korea
U.S.A
United Kingdom
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Summary:Asset building is a growing theme in public policy, and building assets from birth in the form of Child Development Accounts is now occurring in several countries. This article provides an overview of the Child Development Account policies in Singapore, Canada, the UK and Korea, and the proposed policy in the USA. The key elements of inclusiveness, progressivity, coherence and integration, and development are explicated and discussed.
ISSN:1369-6866
1468-2397
DOI:10.1111/j.1468-2397.2008.00605.x