Chapter

Child Future Savings Account: Social Security for Children

Duncan Lindsey

in The Welfare of Children

Second edition

Published in print November 2003 | ISBN: 9780195136715
Published online April 2010 | e-ISBN: 9780199894079 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195136715.003.0013
Child Future Savings Account: Social Security for Children

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This chapter proposes a “social savings” approach that would break the continuing “cycle of poverty” among children. This is essentially the same approach that was used to end poverty among the elderly. In 2003, Britain implemented a Child Trust Fund that uses this approach. No doubt the Child Future Savings Account proposal has limitations, but it suggests the kinds of strategies, within a broader structural understanding of child welfare, that might solve the problems children face. Ending child poverty will take more than providing immediate relief of hardship. Long-term solutions designed to break the cycle of poverty are required.

Keywords: child welfare; child poverty; social savings; Child Trust Fund; social security; savings account; social policy

Chapter.  11051 words.  Illustrated.

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