Inclusive Child Development Accounts: Toward Universality and Progressivity
Jin Huang, "Inclusive Child Development Accounts: Toward Universality and Progressivity"
English | ISBN: 0367369796 | 2020 | 108 pages | EPUB | 1212 KB
English | ISBN: 0367369796 | 2020 | 108 pages | EPUB | 1212 KB
Inclusive Child Development Accounts showcases the global context of emerging asset-building policies and programmes around Child Development Accounts.
Child Development Accounts (CDAs) are subsidized accounts that enable families to accumulate assets to invest in children’s development and life goals, such as postsecondary education, homeownership, business development, and retirement security. The vision for CDAs is to be universal (meaning everyone participates), progressive (meaning greater subsidies for the poor), and lifelong (meaning from the cradle to the grave). Since 1991, schools, communities, states, provinces, and entire countries have launched various CDA programs and policies. In the first part of the volume, scholars highlight the core feature of "inclusiveness" of CDAs in Singapore, Israel, and the United States. In the second part, scholars report on CDA policies and projects in Taiwan, Uganda, Korea, and mainland China.
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