Incentives, financial Education and Saving Behaviors among the poor in Taipei Family Development Accounts

In July 2000, the Taipei City Government launched an anti-poverty program, Taipei Family Development Accounts, which drew heavily on Sherraden’s asset-based welfare theory, and was to provide matched savings accounts for low-income families in the City. This paper presents the background of the program and how the participants save in terms of incentives, financial education and saving behaviors.

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