How Long to Read A study on the reduction of economic burden after the expansion of childcare support

How Long Does it Take to Read A study on the reduction of economic burden after the expansion of childcare support?

It takes the average reader 1 hour and 32 minutes to read A study on the reduction of economic burden after the expansion of childcare support by The Korea Institute for Health and Social Affairs (South Korea)

Assuming a reading speed of 250 words per minute. Learn more

Description

Introduction Current status of support policies for childcare expenses in Korea 1. Cash grant policies 2. Childcare and education subsidy Analysis methodology Characteristics of analysis data and sample Key analysis results 1. Cash grant policies 2. Childcare and education service support policies Implications and future tasks childcare support policies,Cash grant policies,Childcare and education subsidy,fertility rate,marriage and childbirth The study examines how much childcare support policies, aimed at increasing birth rate by reducing the economic burden related to childcare, have relieved the economic burden of child rearing families, with the focus on the cash grant policies as well as childcare and education subsidy policies. Under the cash grant policies, the authors comprisAed cash benefits provided by the government for child rearing households and child-related tax reduction, including personal exemption and special exemption. Concerning childcare service policy, the amount of government subsidy for childcare and education services was compared with the actual expenses of each family. For the study, the Korea Welfare Panel Study's data for 2007 to 2011 was utilized. The results of the study show that while the amount of cash allowance that child rearing families receive increased due to the expansion of the government's cash grant program, tax benefits have not substantially risen. The 4th quintile income group appeared to receive less tax reduction benefits than the high-income groups and the lowest amount of cash allowance. The amount of cash benefit per child was not higher in the case of households with two or more young children than in those with one child. Although the government expanded the childcare and education subsidy for children aged between 0 and 5, the total amount of actual spending on the care and education of young children by households has not decreased significantly. This is seen to be because their additional spending on childcare and education has grown, although their payment to childcare institutions has dropped. The increase in the amount of the government subsidy on childcare and education helped close the disparity in household spending of different income groups, but such reduction in the gap appears to be attributed not only to the expansion of the government subsidy but also to the net increase in household spending. Recent childcare support policies, which are being expanded under the purpose of strengthening universality, require detailed examination on whether they effectively reduce the childcare burden on middle- or upper- income households. As long as the current system that demands high investment on childcare and education as well as excessive childcare burden on parents persists in Korea, it seems that government policies are destined to have limitations in effectively reducing parents' economic burden related to childcare. In addition, to promote the support for households with multiple children, social policies need to be changed to give preference to these families. It is necessary to introduce cash allowance for children and a graded approach to social allowances in general according to the number of children. It is also necessary to consider the development of policy measure of wage differentiation based on the number of children under the social insurance system that includes pension insurance, employment insurance, and occupational health and safety insurance. Korea's total fertility rate in 2012 was 1.30, which is the lowest among the OECD member countries. To deal with the serious issue of low birth rate, the Korean government has implemented the Basic Plan for Low Fertility and Aging Society since 2005, and has gradually expanded childcare support. In spite of these efforts, the country's birth rate has stopped rising beyond 1.3, which belongs to the lowest-low fertility level.Women's participation in economic activities drastically decreases in the age groups when they commonly go through marriage and childbirth, showing the M-curve. The most importantreason for Koreans not to have many children is that a majority of them feel a heavy burden concerning childcare and education. Korea is known to be a country in which parents donot hesitate to make considerable investment in their children's education (OECD, 2011). They face a large burden in relation to education because they spend much more on private education including private cram schools than on public education. In 2012, 69.45% of Korean students who attend elementary, middle or high schools had private education, on which they spent an average of 236,000 won per month (Statistics Korea, 2012).Korea's childcare support policy focuses on "developing an environment favorable for childcare" to reduce the parental burden and promote childbirth. In the most notable example, the government started to provide universal support for young children between 0 and 5 in 2013 by paying institutional childcare fees for infants (0-2) and offering the Nuri program to young children between 3 and 5. Households with infants and young children who do not attend childcare facilities are paid home childcare allowance in amounts that vary according to the child's age. In addition, the parental leave benefit program was changed from the fixed amount system to fixed rate system in 2011 to better support working women who give birth. These policy changes can be viewed positively in terms of the universal expansion of childcare support policies, but they are still insufficient in terms of provision of more benefits for families with relatively larger burden. Also, it can be pointed out that the strong investment needs of Korean parents regarding their children's education are likely to prevent them from being satisfied with the government's childcare support no matter how much it steps up its assistance. Meanwhile, the private childcare and education market seems to be taking advantage of parental desires and encouraging them to spend more on children's education.The study analyzes how much the Korean government's childcare support policies have lessened the economic burden of child rearing households and how the degree of decreased burden differs according to their income level and number of children. Based on the results of the analysis, the study examines whether the childcare support policies, which are beingextended universally, are being implemented properly in light of the policy goal of reduction of economic burden related to childcare, and attempts to present policy suggestions for the future.

How long is A study on the reduction of economic burden after the expansion of childcare support?

A study on the reduction of economic burden after the expansion of childcare support by The Korea Institute for Health and Social Affairs (South Korea) is 92 pages long, and a total of 23,184 words.

This makes it 31% the length of the average book. It also has 28% more words than the average book.

How Long Does it Take to Read A study on the reduction of economic burden after the expansion of childcare support Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 6 minutes to read A study on the reduction of economic burden after the expansion of childcare support aloud.

What Reading Level is A study on the reduction of economic burden after the expansion of childcare support?

A study on the reduction of economic burden after the expansion of childcare support is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy A study on the reduction of economic burden after the expansion of childcare support?

A study on the reduction of economic burden after the expansion of childcare support by The Korea Institute for Health and Social Affairs (South Korea) is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy A study on the reduction of economic burden after the expansion of childcare support by The Korea Institute for Health and Social Affairs (South Korea) on Amazon click the button below.