scholarly journals Asset Building and Child Development: A Policy Model for Inclusive Child Development Accounts

2021 ◽  
Vol 7 (3) ◽  
pp. 176-195
Author(s):  
Jin Huang ◽  
Michael Sherraden ◽  
Margaret M. Clancy ◽  
Sondra G. Beverly ◽  
Trina R. Shanks ◽  
...  
2014 ◽  
Vol 59 (1) ◽  
pp. 18-31 ◽  
Author(s):  
Jami Curley ◽  
Fred M Ssewamala ◽  
Proscovia Nabunya ◽  
Vilma Ilic ◽  
Han Chang Keun

Author(s):  
Michael Sherraden ◽  
Li-Chen Cheng ◽  
Fred M. Ssewamala ◽  
Youngmi Kim ◽  
Vernon Loke ◽  
...  

Child Development Accounts (CDAs) are subsidized savings or investment accounts to help people accumulate assets for developmental purposes and life course needs. They are envisioned as universal (everyone participates), progressive (greater subsidies for the poor), and potentially lifelong national policy. These features distinguish CDAs from most existing asset-building policies and programs around the world, which are typically regressive, giving greater benefits to the well-off. With policy innovation in recent years, several countries now have national CDA policies, and four states in the United States have statewide programs. Some of these are designed to be universal and progressive. Evidence indicates that true universality can be achieved, but only with automatic account opening and automatic deposits. In the absence of automatic features, advantaged families participate and benefit more. Today, momentum for universal and automatic features is gradually gaining traction and accelerating. At this stage in the emergence of inclusive asset-based policy, this is the most important development.


2010 ◽  
Vol 32 (11) ◽  
pp. 1577-1584 ◽  
Author(s):  
William Elliott ◽  
Margaret Sherraden ◽  
Lissa Johnson ◽  
Baorong Guo

2019 ◽  
Vol 53 (3) ◽  
pp. 770-795 ◽  
Author(s):  
Jin Huang ◽  
Sondra G. Beverly ◽  
Youngmi Kim ◽  
Margaret M. Clancy ◽  
Michael Sherraden

Sign in / Sign up

Export Citation Format

Share Document