Putting the Child-Centred Investment Strategy to the Test: Evidence for the EU27

Abstract

Under the social investment paradigm, a child-centred investment strategy has been developed. The mainstay of such a strategy is the provision of childcare services, which are expected to increase maternal employment rates, further children's human capital and mitigate social inequalities in early life. In this article, I critically assess the child-centred investment strategy and question whether childcare services in European countries are, in their current state, up to the task of producing the anticipated benefits. The argument I develop is fairly simple: in order to be effective, childcare services should be provided for all social groups, and in particular for children from disadvantaged backgrounds. Drawing on recent EU-SILC data, I show that in all but one country this condition is not met: childcare services are often taken up at low or moderate levels, and children from low-income families use them to a much lesser extent than those from high-income families. In order to overcome these childcare deficits, countries should pursue a consistent investment strategy which entails increasing both the supply of childcare and employment opportunities for all social groups. This will require huge budgetary efforts for most member states.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 131 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.