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Social investment policies in Canada, Australia, Japan, and South Korea

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  • Social investment policies in Canada, Australia, Japan, and South Korea
  • Peng, Ito
  • Korea Institute of Child Care and Education


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Title Social investment policies in Canada, Australia, Japan, and South Korea
Similar Titles
Material Type Articles
Author(English)

Peng, Ito

Publisher

[Seoul, South Korea]:Korea Institute of Child Care and Education

Date 2015-02
Journal Title; Vol./Issue International Journal of Child Care and Education Policy:vol. 5(no. 1)
Pages 13
Subject Country Canada(Americas)
Australia(Asia and Pacific)
Japan(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Social Development < Social Welfare
Social Development < Others
Holding Springer Nature

Abstract

This paper compares the social investment policy reforms that have been introduced by the two Anglo-Saxon liberal welfare regimes of Canada and Australia and the two East Asian welfare regimes of Japan and South Korea since the 1990s. The paper examines the causes of these social policy changes, and asks why these seemingly different contexts produce such similar policy idea. While all four countries share similar broad ideational template and language of social investment, they differ in terms of their target groups and policy instruments. Whereas Canada and Australia have focused their social investment policies on children through ECEC (what I call an “invest in the future” model); Japan and South Korea have approached social investment from a more general human capital and economic activation perspective (what I call a “human capital activation” model). (The rest omitted)