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The development of asset-based welfare

The case of the Child Trust Fund in the UK

Bibliographic Data

ID6326145
AuthorsRajiv Prabhakar (0000-0002-8547-8956, London School of Hygiene & Tropical Medicine, University of London, UK, corresponding author)
Year2009
Volume37
Issue1
Pages129-143
Publication date2009-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenuePolicy & Politics (JOURNAL)
Journal identifiersISSN: 0305-5736 • E-ISSN: 1470-8442
PublisherBristol University Press (PUBLISHER • GB)
DOI10.1332/030557308x364169
OpenAlexW1981585871
LanguageEN
Citations received1
References cited2

Asset-based welfare has recently attracted interest across the globe. This approach insists that the assets that a person owns are an important part of well-being. The UK's Child Trust Fund (CTF) is one of the most prominent examples of this approach. It provides a capital endowment to all new babies and the policy has generated international interest. However, the CTF does not command universal support in the UK. One of the main political parties is committed to abolishing it. This article examines the debate about the CTF in the UK. I suggest that criticisms of the Fund are part of wider concerns about the future direction of asset-based welfare. The article is important for highlighting some of the dilemmas associated with the new agenda on asset-based welfare

Asset (computer security · Business · Economics · Endowment · Foreign direct investment · Globe · Macroeconomics · Market economy · Political science · Politics · Public economics · Sovereign wealth fund · Welfare · Housing, Finance, and Neoliberalism · Intergenerational Family Dynamics and Caregiving · Law · Social Issues and Policies · Finance

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Unique citing works1
Citations per year0,06
Citation span2010 - 2010 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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