Assets and the Poor by Michael Sherraden

Assets and the Poor by Michael Sherraden

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Summary

This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs).

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Assets and the Poor by Michael Sherraden

This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.
Michael Sherraden, Neil Gilbert
SKU Unavailable
ISBN 13 9780873326186
ISBN 10 0873326180
Title Assets and the Poor
Author Michael Sherraden
Condition Unavailable
Binding Type Hardback
Publisher Routledge
Year published 1990-12-31
Number of pages 344
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable