News from CSD - 2014
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​​The new book “Financial Capability and Asset Holding in Later Life: A Life Course Perspective” concludes that older adults require financial knowledge and access to financial services in order to build secure lives.The book uses a life course perspective to explain how financial vulnerability is created across many decades and then revealed in old age, when few opportunities exist to reverse difficult conditions.
​Rhode Island’s governor-elect, Gina M. Raimondo, on Dec. 10 announced a policy change to make college savings more accessible for newborn children in that state. In January, it will be as simple as checking a box.
​Asian scholars, practitioners and policymakers share lessons about asset-building policies in Asia and chart the future in the new book “Asset-Building Policies and Innovations in Asia.” Director Michael Sherraden and International Director Li Zou of the Center for Social Development at the Brown School of Social Work at Washington University in St. Louis are among the editors.
Celebrating its 20th anniversary this academic year, the Center for Social Development is expanding, bringing in new leaders and new bodies of work. “Instead of looking back, we’re looking ahead, which I find much more refreshing,” CSD Director Michael Sherraden told the center’s faculty and staff.
​The event brought together leaders from the worlds of finance, economics, industry, foundations, nonprofit agencies, government and academia to discuss new research and innovative programs on the horizon for improving the financial security of U.S. households.
​Building on a longstanding working relationship with Israel’s Ministry of Welfare & Social Services, Grinstein-Weiss focused her Sept. 14 presentation, “Addressing Poverty and Financial Inclusion through Asset Building,” on the history and importance of asset building as a strategy to address rising levels of income inequality and poverty in Israel and the U.S.
L​i-chen Cheng, Ph.D., chair of the Department of Social Work at National Taiwan University, has rejoined the Brown School for a six-month sabbatical. During her academic career, she has been an intellectual and applied leader in asset building programs — Family Development Accounts and Youth Development Accounts — for poor families and youth in Taiwan.
​Children in four developing countries saved more than $1.8 million during the YouthSave initiative, one of the largest scientific studies of the effect of savings on people ages 12 to 18.
​​As the racial wealth gap in the United States continues to broaden, the Southern Regional Asset Building Coalition (SRABC) has emerged, equipped with solutions for improving and sustaining communities that have historically high poverty rates and few assets.
Amanda Moore McBride, Ph.D., received an Odyssey Medal from Hendrix College during its Oct. 23 Founders’ Day Convocation. Dr. McBride was honored in the category of “Service to the World.”
As part of the Ferguson & Beyond Lecture Series, Dr. Larry E. Davis, dean of the School of Social Work at the University of Pittsburgh and former Brown School faculty member, will present the talk "The University, the Community, and Race."
Financial Capability Practice — a course based on the Center for Social Development’s new Financial Capability & Asset Building (FCAB) curriculum — begins in January at the George Warren Brown School of Social Work.
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​The U.S. Treasury Department has awarded a $1 million research contract to the Center for Social Development (CSD) at Washington University’s Brown School.
​Washington University in St. Louis (WUSTL) and the National University of Singapore (NUS) have established the Next Age Institute, an international partnership to study, design and test social innovations.
​​The Center for Social Development (CSD) at Washington University in St. Louis recognizes that asset-building policies in Asia offer important lessons in lifelong asset building and retirement security.
​​An experiment that models the first truly universal Child Development Account policy in the United States shows early positive impacts for parents and children, according to a research summary recently published by the Center for Social Development (CSD) at Washington University in St. Louis.
​​More than two decades after Michael Sherraden, PhD, wrote Assets and the Poor – introducing asset building as a new social policy framework – that idea has taken off in numerous directions.
​Social workers from around the world traveled to St. Louis in April to join a conversation about policy challenges, policy practice and professional training of social workers.
​​One of the world’s leading social entrepreneurs believes a college education has a “multiplier” effect. Students learn material through coursework, and then go out into the world and apply that knowledge, in turn helping and teaching others.
​​The Center for Social Development at Washington University in St. Louis built on an already engaged and productive relationship this month when it co-sponsored a symposium with the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis.
​The Great Recession and its aftermath — slow recovery, unemployment, underemployment and economic malaise — have produced an era unseen since the Great Depression. The Great Recession and its aftermath have produced an era unseen since the Great Depression.
​Research shows that a service learning program implemented into middle school curriculum is having an impact on both academic and social behaviors in seventh-graders – particularly those who have been deemed most at risk of difficulties in school.
​​This week, the state of Maine became the first in the United States to make college savings for newborns universal and automatic, putting into practice research pioneered by Michael Sherraden and the Brown School’s Center for Social Development (CSD) at Washington University in St. Louis.
​Michael Sherraden, PhD, Benjamin E. Youngdahl Professor of Social Development and director of the Center for Social Development (CSD) at the George Warren Brown School of Social Work, has been named the inaugural S. R. Nathan Professor at the National University of Singapore (NUS).
​Last year, almost 900,000 low- and moderate-income tax filers participated in a unique tax preparation savings intervention program, depositing approximately $5.9 million more into savings accounts than they would have without the intervention.
​​A college savings account in a child’s name not only gives parents hope for the future, it also results in improved social-emotional health for their children.