TITLE

Forward Liability and Welfare Reform in New Zealand

AUTHOR(S)
Chapple, Simon
PUB. DATE
May 2013
SOURCE
Policy Quarterly;May2013, Vol. 9 Issue 2, p56
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses welfare reform policies in New Zealand and the concepts of "forward liability" and the investment approach to the welfare system. It describes the investment approach as one that involves the acceptance of fiscal, economic, and social costs of long term dependency and tailoring policy initiatives as investments towards future costs. It points out that the present investments will be paid for by future tax-payers, hence the term "forward liability".
ACCESSION #
88036003

 

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