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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: 22 August 2017

Future directions for a mature UK childcare market

Future directions for a mature UK childcare market

Chapter:
(p.43) Three Future directions for a mature UK childcare market
Source:
Childcare markets
Author(s):

Philip Blackburn

Publisher:
Policy Press
DOI:10.1332/policypress/9781847429339.003.0003

Equitable access to childcare in the UK is largely choreographed by a dominant pay-as-you-go private market, which is now categorised as mature in macroeconomic terms. This chapter concentrates on pertinent issues for childcare providers in sustaining their businesses within a changing economic and socioeconomic demand climate post-maturity. Such concerns are unlikely to centre on equity issues, the topic of this volume, but the sustenance of the private childcare market in the future will crucially highlight the incidence of equity for consumers. This chapter presents a macroeconomic perspective of the key levers which are likely to shape demand and supply for paid childcare in a market that has matured. Its focus centres on prospects in the UK for: childcare demand using data from population trends, demographics and employment dynamics; funding of childcare by private individuals, employers and the government; and the development and structure of supply which has reached maturity. The aim of the chapter is to identify the likely direction of macroeconomic trends for UK childcare markets in the future, especially in a weak economic environment.

Keywords:   Mature childcare market, Macroencomic perspective, Childcare demand, Employment dynamics, Economic environment, Future directions

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