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Childcare marketsCan they deliver an equitable service?$
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Eva Lloyd and Helen Penn

Print publication date: 2012

Print ISBN-13: 9781847429339

Published to University Press Scholarship Online: January 2013

DOI: 10.1332/policypress/9781847429339.001.0001

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date: 23 August 2017

Childcare markets and government intervention

Childcare markets and government intervention

Chapter:
(p.227) Thirteen Childcare markets and government intervention
Source:
Childcare markets
Author(s):

Gillian Paull

Publisher:
Policy Press
DOI:10.1332/policypress/9781847429339.003.0013

At the start of this chapter the author posits that it is simply not feasible to summarise into a single comparative framework the diverse ways in which the unique characteristics of childcare have been addressed in governmental policies and strategies. Instead, this chapter draws together the economic elements to assess the role of the market in childcare provision and the case for government intervention. After describing the advantages of a private market, it then summarises the evidence presented in Childcare Markets on the problems in the operation of this market, the social objectives that have driven government intervention and the policy solutions that have been used around the world. It concludes that the evidence suggests any policies mitigating market failures and promoting social objectives need to be multidimensional and critically need to command sufficient support from the wider population to pay their cost. The chapter concludes that there is considerable scope for countries to learn from the experiences of others on the best mechanisms for childcare provision. However, given the variation in social objectives for childcare and in cultural conditions, a considerable degree of international diversity in the role of the market and government in childcare provision will likely remain.

Keywords:   Government intervention, Childcare market mechanisms, market failures, Social objectives

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