Author

Vernon Loke

Additional Authors

Sherraden, Michael

Publication Date

12-9-2015

Summary

Singapore has comprehensive lifelong asset-building policies for its citizens. Four programs specifically target children: (1) Children Development Accounts (CDAs) for children starting at birth to age 12; (2) the Edusave account for school children aged six to 17; (3) Postsecondary Education accounts (PSEAs) for children aged 13 years and older; and (4) the Medisave Account, which is opened for every newborn.

Document Type

Research Brief

Category

Financial Inclusion

Subarea

Global Asset Building

Original Citation

Loke, V., & Sherraden, M. (2015, December). Building children's assets in Singapore: The beginning of a lifelong policy (CSD Policy Brief No. 15-51). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K7W66K9Q

Project

Singapore: Post-Secondary Education Account Policy

Keywords

Asia, asset building, CDA, Singapore

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