Asset Building Financial Inclusion Working Paper

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 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.

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

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.