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Assets and the Poor Book PDF 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) 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.

Detail Book of Assets and the Poor PDF

Assets and the Poor
  • Author : Michael Sherraden
  • Release : 16 September 2016
  • Publisher : Routledge
  • ISBN : 9781315288352
  • Genre : History
  • Total Page : 309 pages
  • Language : English
  • PDF File Size : 18,9 Mb

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