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Building assets from birth: a global comparison of Child Development Account policies


Vernon Loke, Center for Social Development, Washington University in St Louis, One Brookings Drive, St Louis, MO 63130, USA


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