Social investment policies have enjoyed prominence during recent welfare reforms across the OECD world, and yet there is insufficient long-term strategy for their success.
Reviewing labour market, family and education policies, this edited collection analyses the emergence of social investment policies in both Europe and East Asia. Adopting a life course perspective and examining both public and private investments, this book addresses key contemporary policy issues including care, learning, work, social mobility and inequalities.
Providing original observations, this seminal text explores the roads and barriers towards effective social investment policies, derives practical social policy implications and highlights important lessons for future policymaking.
"An insightful analysis of the challenges modern welfare states face with clear formulation of policy implications and recommendations – an extremely valuable book for both academics and policy-makers in Europe and East Asia.” Yeon Myung Kim, Chung-Ang University, South Korea and former Senior Secretary to the President for Social Policy
“A powerful, illuminating analysis of social investment policies across the lifecycle – this timely and useful volume is a must-read for those interested in a balanced perspective on recent developments in social policy.” Neil Gilbert, University of California, Berkeley
“This highly informative volume offers an innovative focus on cross-generational dimensions of social investment and on implications of reliance on public versus private efforts.” Evelyne Huber, University of North Carolina
Young Jun Choi is Professor in the Department of Public Administration at Yonsei University.
Timo Fleckenstein is Associate Professor in the Department of Social Policy at the London School of Economics and Political Science.
Soohyun Christine Lee is Korea Foundation Assistant Professor in Korean and East Asian Political Economy in the Department of European and International Studies at King’s College London.
Welfare Reform and Social Investment Policy in Europe and East Asia: An Introduction ~
Young Jun Choi, Timo Fleckenstein and Soohyun Christine Lee
Work-Family Policy Expansion and the Idea of Social Investment: The Cases of England, Germany, Japan and South Korea ~ Sam Mohun-Himmelweit and Sung-Hee Lee
Private Education in South Korea: Lessons for the West from Past Mistakes? ~ Sonia Exley
How do Family Background and Shadow Education Affect Academic Performance and Labour Market Outcomes in South Korea?: Reasons for Redistributive Social Investment ~ Yun Young Kim and Young Jun Choi
Employability, Higher Education and the Knowledge Economy ~ Niccolo Durrazi
Does Social Investment Make the Labour Market ‘Flow’? Family Policies and Institutional Complementarities in Italy, Spain, Japan and South Korea ~ Ijin Hong and Jee-Eun Lee
The Social Investment Approach and Gender Division of Housework across East Asia and Europe ~ Mi Young An
Employment Outcomes of Social Investment in Latecomer Countries ~ Jaehyoung Park
Estimation of the Human Capital Depreciation Rate: An international Comparison and Policy Implications in Korea ~ Gawoon Ban
Changing Patterns of Grandparenting and their Implications for Active Ageing in England and South Korea ~ Hyejin Choi
The Governance of Social Investment Policies in Comparative Perspective: Long-Term Care in England and Korea ~ Jooha Lee
Towards Greater Social Investments and Equality in Europe and East Asia: Policies and Politics ~ Timo Fleckenstein and Soohyun Christine Lee