Brotherhood of St Laurence

December 2011 Bibliography pp. 18-19

This paper makes the economic case for universal childcare for preschool-aged children. On the basis of new cost-benefit analysis, we show that universal childcare pays a return to the government of 20,050 (over four years) in terms of tax revenue minus the cost of childcare for every woman who returns to full-time employment after one year of maternity leave. We therefore argue that the provision of universal childcare should be a strategic priority for public service and welfare reform in the UK.



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