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 […]

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 […]

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.

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 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, […]

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.

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 […]

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 […]

Panel: Social Workers Can Make a Difference in a New Vision of Public Order

Four experts on policing told a congressional briefing on June 30 that the values and training of social workers can be useful tools in re-imagining the nation’s approach to public order and reducing racist violence of police. The online briefing, Black Lives Matter: Social Work and the Future of Policing, was sponsored by the Congressional […]

New Book Charts Global Progress of Child Development Accounts

Nearly 30 years after the publication of Michael Sherraden’s seminal Assets and the Poor, Child Development Account (CDA) policies and programs are emerging across the globe. Now, a new book edited by Jin Huang, Li Zou and Sherraden showcases the global context of those advancements.

In Landmark Publication, Sherraden and Colleagues Laud Partnership between Washington University and Universities in China

In 2018, China celebrated its 30th anniversary of the re-establishment of social work in the country. Both that year and in 2019, Center for Social Development (CSD) Director Michael Sherraden provided keynote addresses for conferences at Peking University (PKU) in Beijing. Emphasizing the importance of longstanding partnerships between Washington University and China, Sherraden said they […]

Special issue highlights Child Development Accounts globally

Child Development Accounts take center stage in a newly released special issue of the Asia Pacific Journal of Social Work and Development. The sweeping, seven-article issue shows the global context of the emerging asset-building policy. “Many countries are exploring new policy innovations that encourage asset building,” said Michael Sherraden, who co-edited the issue and co-authored […]

Sherraden to speak in D.C. about potential for U.S. kids to build assets

Michael Sherraden will discuss potential federal policy for inclusive and progressive Child Development Accounts (CDAs), so that all U.S. children can accumulate assets, on March 20 at the National Press Club, in Washington, D.C. Several states have already enacted statewide CDA policies, and a nationwide policy is possible. Sherraden is the George Warren Brown Distinguished […]

CSD begins third phase of research on Child Development Accounts

With financial support from philanthropists, the Center for Social Development is conducting a third wave of research on Child Development Accounts (CDAs) in the Oklahoma 529 College Savings Plan. Wave 3 of the SEED for Oklahoma Kids (SEED OK) experiment expands the original CDA with an automatic, progressive deposit and extends the research to examine […]

CSD advises Azerbaijan officials on Child Development Account policy

The Azerbaijan Minister of Labor and Social Protection Sahil Babayev and Social Policy and Services Department Head Himalay Mamishov met with Center for Social Development Director Michael Sherraden, International Director Li Zou and Research Associate Aytakin Huseynli.

Sherraden speaks about the future of social work in China

Center for Social Development Director Michael Sherraden and International Director Li Zou represented Washington University in St. Louis during a conference on “The 30th Anniversary of the Re-establishment of Social Work in China.”

Prime minister speaks at launch of book on asset building policies

Singapore’s Prime Minister Lee Hsien Loong spoke at the August 24 launch of the book “Critical Issues in Asset Building in Singapore’s Development.” Professors S. Vasoo and Bilveer Singh at the National University of Singapore (NUS) edited the book. The lead chapter is by Michael Sherraden, director of the Center for Social Development at Washington University in St. Louis. 

Taiwan adopts a Child Development Account policy

A national Child Development Account policy is emerging in Taiwan. President Tsai Ing-wen in June signed into law the Act on Savings Accounts for the Education and Development of Children and Teenagers.

Webinars showcase Grand Challenges leadership

Our faculty and staff are committed to advancing racial equity, and one of the most important vehicles is the national Grand Challenges for Social Work. We’ve created four webinars to highlight this initiative.