Social Investment and Social Welfare
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Social Investment and Social Welfare

International and Critical Perspectives

Edited by James Midgley, Espen Dahl and Amy Conley Wright

This book contributes to the growing literature on social investment by discussing the way social investment ideas have been adopted in different countries and in various academic and professional fields, including social policy, development studies and non-profit management. Documenting the experience of implementing social investment in different communities, it encourages a One World perspective that integrates these diverse experiences and promotes policy learning between different nations.
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Chapter 2: Social investment in early childhood in Australia

Amy Conley Wright


This chapter by Amy Conley Wright discusses social investment in early childhood in Australia. She presents arguments for social investment in young children and potential benefits for families, children and the broader society. The chapter then examines the Australian national early childhood development strategy, called Investing in the Early Years (Council of Australian Government, 2009) to analyse strengths, gaps and challenges. This strategy is designed to promote the best possible outcomes for children, and by extension the nation. Policies in the areas of early childhood care and education, social transfers and parental leave are described and contextualized through a comparison with averages provided by the Organisation for Economic Co-operation and Development to identify strengths, gaps and challenges. Key words: social investment, international social welfare, early childhood, Australia

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