Publication Date

7-1-2008

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 paper provides an overview of the Child Development Account policies in Singapore, Canada, the United Kingdom, and Korea, and the proposed policy in the United States. The key elements of inclusiveness, progressivity, coherence and integration, and development are explicated and discussed.

Document Type

Working Paper

Category

Financial Inclusion

Subarea

Global Asset Building

Notes

Subsequent publication: Loke, V. & Sherraden, M. (2009). Building assets from birth: A global comparison of Child Development Account policies. International Journal of Social Work, 18(2), 119–129. doi:10.1111/j.1468-2397.2008.00605.x

Original Citation

Loke, V., & Sherraden, M. (2008). Building assets from birth: A global comparison of Child Development Account policies (CSD Working Paper No. 08-03). St. Louis, MO: Washington University, Center for Social Development.

Project

Global Assets Project

Keywords

child development account, social policy, GAP, CDA, child savings, international, comparative perspective

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