Abstract

Asian countries have implemented inclusive asset-based policies. Using a theoretical framework, this study evaluates the extent to which the asset-based policies in Korea, Singapore, and Taiwan are inclusive. The framework of ‘inclusiveness’ of asset-based policy has four components such as universal, progressive, life-long, and adequate. The study found that, compared to asset-based policies in Korea and Taiwan, those in Singapore have strengths in universality and life-long feature. However, asset-based policies in Singapore have a weakness in progressiveness. This paper concludes by presenting policy implications for inclusive asset-based policy.

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