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Social Impact Investing

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SOCIAL IMPACT INVESTMENT: BUILDING THE EVIDENCE BASE<br />

Figure 5.5 In countries where there is low childcare enrolment and low part-time employment, there is likely to<br />

be unmet demand for childcare<br />

Source: OECD dot.stat, education and employment series, the OECD Family database (both 2014e), and the Health Behaviour in<br />

School-aged Children Study (2010).<br />

Table 5.3: Cross-nationally, changes in aggregate childcare enrolment do not map to female (un)employment<br />

figures<br />

Pre-school<br />

enrolment rate<br />

children aged 3-5<br />

years<br />

% children < 3 in<br />

formal childcare and<br />

pre-school<br />

Women - Part-time<br />

employment<br />

Women –<br />

Unemp. rate<br />

Children 11-15 in<br />

foster or child<br />

homes (per<br />

thousand)<br />

2007 2011 2006 2010 2009 2013 2009 2013 2010<br />

Australia 54.9 59.1 33.2 33.9 32.8 4.6 4.7<br />

Canada 46.7 19.8 19.1 6.1 5.6 11.4<br />

France 100 99.2 42.4 48 21.2 20.7 8.2 8.7 14.1<br />

Germany 91.2 94.2 13.6 23.1 39.1 37.6 6.9 4.6 4.4<br />

Italy 98.3 95.3 28.6 24.2 30.2 32.5 8.5 12.4 17.4<br />

Japan 88.7 88.8 22.5 25.9 30.5 32.1 4.9 3.9<br />

United Kingdom 89.8 94.1 39.7 42 35.1 35.1 5.2 5.6 5.7<br />

United States 59.1 70.3 43.2 13.6 11.7 7.2 6.3 3.5<br />

OECD - Average 77.4 80.9 28.8 32.6 22.7 22.8 7 7.5 7.4<br />

Source: OECD dot.stat, education and employment series, the OECD Family database (both 2014e), and the Health Behaviour in<br />

School-aged Children Study (2010).<br />

5.25 Another ‘family’ social need of interest for SII is children in out-of-home care. Supporting these<br />

children has the potential for large social impacts in terms of providing secure, supportive, and long-term<br />

home environments that maximise the child’s development opportunities and also reducing costs<br />

associated to institutional care (public and private). Table 5.3 presents rates of "looked after" children per<br />

1 000 children aged 11 to 15 and shows that Italy and France have almost twice as many children in foster<br />

or child homes than the OECD average. Examples of SIBs already at work in this area, in the case of<br />

adoption in the United Kingdom and support for "looked after" children in Australia, however it must be<br />

stressed that care for the most vulnerable children should prioritise quality of placement over quantity of<br />

placements, and be carefully monitored for children’s living standards following placement.<br />

66 © OECD 2015

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