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Should it be a hybrid? analysis of a Taiwanese child development account scheme

Should it be a hybrid? analysis of a Taiwanese child development account scheme In June 2017, Taiwan implemented the Children’s Future Education and Development Account (CFEDA) program. However, the performance of and engagement with the program has been much lower than expected, implying the necessity of reviewing the program. The present study analyzes this program by adopting a value-critical approach and comparing its elements with 10 core elements by Sherraden et al.. Through this analysis, several limitations were identified. The most important are that relatively few children are eligible for the CFEDA and, of those, few apply for the program; this is due to the restrictive and parsimonious nature of the program and low incentives for engagement. Similar to child development accounts, the CFEDA represents a program with right-wing characteristics implemented in leftist political circumstances. The authors suggest that the government eliminate the selective and parsimonious nature of the program, and develop a program that more closely accords with the core values. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Asia Pacific Journal of Social Work and Development Taylor & Francis

Should it be a hybrid? analysis of a Taiwanese child development account scheme

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Should it be a hybrid? analysis of a Taiwanese child development account scheme

Abstract

In June 2017, Taiwan implemented the Children’s Future Education and Development Account (CFEDA) program. However, the performance of and engagement with the program has been much lower than expected, implying the necessity of reviewing the program. The present study analyzes this program by adopting a value-critical approach and comparing its elements with 10 core elements by Sherraden et al.. Through this analysis, several limitations were identified. The most important are that...
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Publisher
Taylor & Francis
Copyright
© 2023 Department of Social Work, National University of Singapore, Singapore
ISSN
2165-0993
eISSN
0218-5385
DOI
10.1080/02185385.2023.2179103
Publisher site
See Article on Publisher Site

Abstract

In June 2017, Taiwan implemented the Children’s Future Education and Development Account (CFEDA) program. However, the performance of and engagement with the program has been much lower than expected, implying the necessity of reviewing the program. The present study analyzes this program by adopting a value-critical approach and comparing its elements with 10 core elements by Sherraden et al.. Through this analysis, several limitations were identified. The most important are that relatively few children are eligible for the CFEDA and, of those, few apply for the program; this is due to the restrictive and parsimonious nature of the program and low incentives for engagement. Similar to child development accounts, the CFEDA represents a program with right-wing characteristics implemented in leftist political circumstances. The authors suggest that the government eliminate the selective and parsimonious nature of the program, and develop a program that more closely accords with the core values.

Journal

Asia Pacific Journal of Social Work and Development – Taylor & Francis

Published: Mar 3, 2023

Keywords: Child development accounts; value-critical approach; inclusive social policy; Taiwan; Children’s Future Education and Development Account

References

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