Tag: 2022

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.

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.

Economic Security From an Asset Perspective

Elliott, W., III. (2022, May). Economic security from an asset perspective (CSD Perspective No. 22-19). Washington University, Center for Social Development, and University of Michigan, Center on Assets Education, and Inclusion.

Reducing Extreme Economic Inequality

Henly, J., Lein, L., Romich, J., Shanks, T. R., & Sherraden, M. S. (with Jones, R., & Tillotson, A.). (2022). Reducing extreme economic inequality. In R. P. Barth, J. T. Messing, T. R. Shanks, & J. H. Williams (Eds.), Grand challenges for social work and society (2nd ed., pp. 279–309). Oxford University Press.

Building Financial Capability and Assets for All

Huang, J., Sherraden, M. S., Johnson, E., Birkenmaier, J., Rothwell, D., Despard, M. R., Jones, J. L., Callahan, C., Doran, J., Frey, J. J., McClendon, G. G., Friedline, T., & McKinney, R. (2022). Building financial capability and assets for all. In R. P. Barth, J. T. Messing, T. R. Shanks, & J. H. Williams (Eds.), Grand challenges for social work and society (2nd ed., pp. 310–340). Oxford University Press.

Conclusions and Looking Forward

Barth, R. P., Silk, K., Flynn, M. L., Uehara, E. Messing, J. T., Shanks, T. R., Sherraden, M., & Williams, J. H., (2022). Conclusions and looking forward. In R. P. Barth, J. T. Messing, T. R. Shanks, & J. H. Williams (Eds.), Grand challenges for social work and society (2nd ed., pp. 389–405). Oxford University Press.

Commentary

Johnson, L., Butts, S. C., Manderscheid, R., Sherraden, M., & Lewis, C. E. (2022). Commentary. In R. P. Barth, J. T. Messing, T. R. Shanks, & J. H. Williams. J. H. (Eds.), Grand challenges for social work and society (2nd ed., pp. 406–414). Oxford University Press.

Financial Capability

Sherraden, M. S., Huang, J., & Ansong, D. (2022, February 24). Financial capability. In C. Franklin (Ed.), Encyclopedia of Social Work (Online ed.). https://doi.org/10.1093/acrefore/9780199975839.013.1201

Grand Challenges for Social Work

Flynn, M. L., Barth, R. P., Uehara, E., & Sherraden, M. (2022, February 24). Grand Challenges for Social Work. In C. Franklin (Ed.), Encyclopedia of Social Work (Online ed.). https://doi.org/10.1093/acrefore/9780199975839.013.1458

Preparing Social Workers to Improve People’s Finances

Sherraden, M. S. (2022, January). Preparing social workers to improve people’s finances (CSD Perspective No. 22-02). Washington University, Center for Social Development. https://doi.org/10.7936/w45g-2b72