Cultivating financial resilience to combat labor trafficking in Africa

In southern Africa and elsewhere, high vulnerability to poverty and false promises of employment lure many youth from their homes into the hands of traffickers who exploit them through forced labor. A new project from the Center for Social Development (CSD) initiative on Financial Capability and Asset Building in Africa (FCAB Africa) focuses on reducing […]

Aytakin Huseynli receives award for dissertation

Aytakin Huseynli, postdoctoral fellow in the Center for Social Development (CSD), has received the 2024 Outstanding Social Work Doctoral Dissertation Honorable Mention Award from the Society for Social Work and Research (SSWR). Society President Sean Joe, a CSD faculty director, and Awards Committee Chair Gina Miranda Samuels presented the award to her on January 13, […]

Informed by CSD research, 401Kids Act introduced in U.S. Senate

On Wednesday, January 31, U.S. Sen. Bob Casey of Pennsylvania introduced federal legislation to create a national children’s account policy. The 401Kids Act is designed to empower all children, and particularly children from disadvantaged households, by providing a means for them to accumulate assets for developmental priorities like higher education.

At SSWR conference, CSD affiliates receiving awards, organizing sessions, and presenting

Affiliates of the Center for Social Development (CSD) are once again making significant contributions at the annual conference of the Society for Social Work and Research (SSWR). The 2024 conference runs from January 10 through 14, 2024, in Washington, DC. Faculty Director Trina Shanks, the Harold R. Johnson Collegiate Professor of Social Work at the […]

Boshara joins CSD as senior policy advisor

Ray Boshara, a national expert on wealth inequality and household financial security, has joined the Center for Social Development (CSD) as a senior policy advisor. As part of this appointment, Boshara serves as a Legislative Fellow with the Office of U.S. Senator Bob Casey, where he is developing Senator Casey’s “401Kids” proposal. The proposal will […]

Global conference connects social work, research and policy

CSD co-organizes international conference at gateway between East and West. Researchers, educators, practitioners, and policymakers came together in late November for the International Conference on Social Work and Social Research: Financial Capability and Asset Building for All. Organized by Azerbaijan University, the Center for Social Development (CSD) at Washington University in St. Louis, Sakayra University […]

Parents’ views of universal asset-building policies for children

A new study captures parents’ perspectives on the influence that Child Development Accounts can exert over children’s educational attainment and parental saving for children’s higher education. Successful policymaking depends on public support. In policies affecting children, parents’ understanding and opinions matter. A new study from Center for Social Development researchers Jin Huang, Sondra G. Beverly, […]

Evidence, vision for Children’s Account policy at Singapore event

In a recent seminar, Center for Social Development (CSD) researchers discussed the SEED for Oklahoma Kids experiment, Singapore’s leadership in asset-based social policy and a vision for global Children Development Accounts. Singapore is a global leader in asset-based social policy, providing citizens a cradle-to-grave structure for accumulating wealth. That interest in such policies and their […]

In memoriam: Gena Gunn McClendon, a champion of justice and equity

Gena Gunn McClendon, esteemed director of community engagement at the Center for Social Development (CSD) at Washington University, passed away on October 21, 2023. She leaves behind an enduring legacy as a fierce advocate for equity, a champion for the disempowered and a passionate defender of voting rights. “Throughout her career, Gena has been a […]

New national children’s account policy taking shape

Li Zou has given many presentations on Child Development Accounts (CDAs) in other countries, but this one was different.

The international director for the Center for Social Development (CSD) was at the World Bank to deliver invited remarks on the bank’s plan to evolve its mission and operations. The bank’s roadmap affirms commitments to poverty reduction and shared prosperity while calling for changes to better meet global challenges.

At the bank’s April 11 Evolution Forum, Zou sketched a strategy for meeting all three of those goals, a strategy for developing a global CDA policy based on research by the Center for Social Development.

Zou talks global CDAs at World Bank Evolution Forum

Li Zou has given many presentations on Child Development Accounts (CDAs) in other countries, but this one was different.

The international director for the Center for Social Development (CSD) was at the World Bank to deliver invited remarks on the bank’s plan to evolve its mission and operations. The bank’s roadmap affirms commitments to poverty reduction and shared prosperity while calling for changes to better meet global challenges.

At the bank’s April 11 Evolution Forum, Zou sketched a strategy for meeting all three of those goals, a strategy for developing a global CDA policy based on research by the Center for Social Development.

Special issue proposes a path to economic progress in Africa

Bringing together evidence from a diverse network of researchers and practitioners in sub-Saharan Africa (SSA), the March special issue of Global Social Welfare highlights the Center for Social Development’s focus on improving economic well-being for marginalized populations on the continent. The issue, “Financial Capability and Assets for Socioeconomic Development,” was developed through the Financial Capability […]

Experts discuss why, how social workers change policy

Social policy is a part of social work at almost every turn, yet many of the insights from the profession never find their way into the programs and rules that govern social workers’ efforts. What prompts helping professionals to take up policy work, and which strategies are most effective for influencing policy? Social workers and scholars around the world gathered virtually to discuss these subjects at Social Work in Social Policy: Engagement Strategies for Today and the Next Generation—A Book Event.

Sherraden honored with distinguished career award

The award recognizes a career of applied research innovations, major contributions to social work knowledge. On Saturday, January 14, 2023, the Society for Social Work and Research honored Michael Sherraden with the 2023 Distinguished Career Achievement Award. Sherraden is the George Warren Brown Distinguished University Professor at Washington University in St. Louis, Codirector of the […]

California launches nation’s largest Child Development Account policy

The state enrolls 3.4 million children in CalKIDs, which CSD experts helped to shape. Today Governor Gavin Newsom publicly launched CalKIDS, the California Kids Investment and Development Savings program. With 3.4 million children in the first cohort of enrollees and more than $1.8 billion in assets, CalKIDS leaves the starting gate as the nation’s largest […]

Audience of over 2.65 million for keynotes on financial social work

On June 29, Faculty Directors Jin Huang and Minchao Jin delivered keynote addresses at the 2022 Financial Literacy Education Forum in mainland China. Carried by state news agency Xinhua, Sina Weibo, Youku, and numerous other platforms, the event drew an audience of over 2.65 million viewers.

Worldwide, over 15 million have Child Development Accounts

New estimates on the number of children around the globe who are building assets in CDAs. Over 15 million children have built assets in Child Development Accounts (CDAs), according to new estimates in a brief by Li Zou and Michael Sherraden with the Center for Social Development in the Brown School at Washington University. Zou […]

Child Development Accounts Reach Over 15 Million Globally

Zou, L., & Sherraden, M. (2022, June). Child Development Accounts reach over 15 million children globally (CSD Policy Brief No. 22-22). Washington University, Center for Social Development. https://doi.org/10.7936/yfyb-r646

Child Development Accounts expand resources for higher education

New research from the Center for Social Development shows that a children’s account policy reduces obstacles to higher education. As the cost of higher education continues to grow, families in the United States struggle to save enough for children’s education. State 529 college savings plans are investment vehicles that assist families in meeting this need, […]

Financial Facts: SEED OK Child Development Accounts at Age 14

Clancy, M. M., Beverly, S. G., Schreiner, M., Huang, J., & Sherraden, M. (2022, June). Financial facts: SEED OK Child Development Accounts at age 14 (CSD Fact Sheet No. 22-20). Washington University, Center for Social Development. https://doi.org/10.7936/13ge-kt42

Senator, national experts discuss strategies for economic security

Policies to strengthen vulnerable families typically focus either on boosting income for present needs or assets for future priorities. A recent event spotlighted policies to integrate the two approaches for vulnerable families – as we already do for other families.

Journal spotlights research to improve financial well-being in vulnerable families

How can vulnerable families overcome barriers to financial security, and what has made it difficult for them to do so? New research in a special issue of Families in Society seeks answers to those questions. Guest edited by Jin Huang, Margaret Sherraden, Jenny L. Jones, and Christine Callahan, the collection developed from papers presented during […]

Policy Design for Child Development Accounts: Parents’ Perceptions

Beverly, S. G., Huang, J., Clancy, M. M., & Sherraden, M. (2022, January). Policy design for Child Development Accounts: Parents’ perceptions (CSD Research Brief No. 22-03). Washington University, Center for Social Development. https://doi.org/10.7936/nbdq-xa08

Top social workers in China call for curriculum changes, financial capability

How does a nation train over a million social workers to help build the financial capability and assets of their clients? What should social workers in China know about finance, and what is the best way to teach them? Weighing these matters, researchers and several of China’s top social workers proposed changes at the First […]

CSD releases new tools for educators

As colleges and universities begin the new academic year, educators in social work and other human-service fields have new tools for equipping students with the knowledge needed to guide clients with financial problems.

Sherraden receives Billups Award for international leadership

The International Consortium for Social Development has given Michael Sherraden the 2021 James Billups International Social Development Leadership Award. In presenting the award, Consortium President Manohar Pawar recognized Sherraden’s “distinguished contribution to social development theory and practice knowledge based on impactful action in strengthening the financial capacity and asset base for poor people and communities […]

Study on WU partnerships in China wins 2020 Best Article Award

On August 26, 2021, the China Journal of Social Work announced the 2020 Best Article Award, honoring a study by an international team of scholars that includes Center for Social Development (CSD) affiliates Michael Sherraden, Li Zou, Suo Deng, Jin Huang, Margaret Sherraden, and Nancy Morrow-Howell, as well as Shanti Khinduka, former dean of the […]

Prominent Child Development Account experts outline a nationwide policy

A group of experts and researchers is making the case for a nationwide Child Development Account (CDA) policy. The group, which includes CSD Founding Director Michael Sherraden and Policy Director Margaret Clancy, recently released the outline in a pair of CDA policy briefs. The briefs are entitled “The Case for a Nationwide Child Development Account […]