The ‘investment approach’ is not an investment approach

Authors

  • Bill Rosenberg

DOI:

https://doi.org/10.26686/pq.v11i4.4560

Keywords:

‘Social Investment Approach’, ‘future welfare liability’ (FWL), welfare benefit exits, cost–benefit analysis

Abstract

A centrepiece of government social policy is the so-called ‘Investment Approach’ currently being used in the Ministry of Social Development (MSD). There are active plans to expand it into other social services. The attractive concept of an investment approach to public policy has been around for many years, but is that what this approach is really advocating? 

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Published

2015-05-01