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Motivation, Agency, and Public PolicyOf Knights and Knaves, Pawns and Queens$
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Julian Le Grand

Print publication date: 2003

Print ISBN-13: 9780199266999

Published to Oxford Scholarship Online: April 2004

DOI: 10.1093/0199266999.001.0001

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A Demogrant

A Demogrant

Chapter:
(p.120) 9 A Demogrant
Source:
Motivation, Agency, and Public Policy
Author(s):

Julian Le Grand (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199266999.003.0009

Discusses an idea for turning pawns into queens of which the author was an initiator: the idea of a universal stakeholder or demogrant to every young adult. A similar idea has been termed stakeholding grants or ‘baby bonds’, and the British Government has just introduced another version: the child trust fund. Gives the historical background to the idea, and locates it as part of the growing movement toward ‘asset‐based welfare’. Discusses its pros and cons, and the details of practical implementation

Keywords:   asset‐based welfare, baby bonds, child trust fund, demogrants, stakeholding

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