In Singapore, an innovative project is training frontline staff and volunteers to give financial guidance to low-income families.
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 […]
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.
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 […]
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, […]
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.
Events to feature Barbara Arnwine, national voting rights experts, and elections officials As the United States prepares for the 2022 elections, voting rights are under threat. What can be done to protect access to the ballot? Civil rights leader Barbara Arnwine of the Transformative Justice Coalition, Elizabeth Hira of the Brennan Center for Justice and […]
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 […]
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 […]
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 […]
What would it take to ensure that every child in every state has an account accumulating assets for education beyond high school? How would those assets shape the children and their families? State officials, researchers, nonprofit leaders, program managers, and funders gathered July 16 to take up those questions.
Thirteen years after they began, researchers in a landmark study of asset building in Oklahoma are poised to receive new information gathered despite obstacles posed by COVID-19.
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 […]
The report summarizes findings and recommendations from CDA research to inform policymakers and practitioners operating or considering CDAs in the midst of the COVID-19 health and economic crisis.
The Oklahoma Native Assets Coalition Inc. (ONAC) has released its Native Children’s Savings Initiative in the United States report.
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 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 […]
A study from the Center for Social Development’s SEED for Oklahoma Kids (SEED OK) experiment has been nominated for an award given to the best paper published in the Journal of Consumer Affairs.
As financial social work emerges in China, Michael Sherraden and Li Zou highlight its potential at two Chinese universities.
Amendments enacted on Wednesday, October 2, will affect all newborn children in California. The state became the third this year to adopt a universal, at-birth Child Development Account (CDA) policy.
Experts from the Center for Social Development traveled to Asia in mid-April to advise Taiwanese leaders about social policy and social work education.
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 […]
The Congressional Research Institute for Social Work and Policy hosted its fifth annual Social Work Day on the Hill on March 20 in Washington, D.C.
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 […]
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 […]
Clark Atlanta University has launched an internship program for MSW students built on the Center for Social Development’s pioneering work in Financial Capability and Asset Building.
Murli Desai, a Brown School alumna, has received the Life Time Achievement Award from the National Association of Professional Social Workers in India.
The Center for Social Development at Washington University’s Brown School is once again engaged in partnership for development of social work in mainland China. The focus is on financial capability.
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.
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.”
Michael Sherraden delivered the keynote address at the Grand Challenges for Social Work event “Economic Equality and Financial Capability” in October at the University of Denver’s Graduate School of Social Work.
Michael Sherraden will deliver the keynote address at the Grand Challenges for Social Work event Economic Equality and Financial Capability on October 25 at the University of Denver’s Graduate School of Social Work.
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.
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.
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.
About 50 researchers, practitioners, policymakers and funders met this month in Washington, D.C., to discuss how to advance the field of Child Development Account programs by making them sustainable and scaleable to reach millions.
The Congressional Research Institute for Social Work and Policy will hold the fourth annual Social Work Day on the Hill on March 21, in Washington, D.C.
As economists float the proposal to give every newborn in the United States a “baby bond” account with between $500 to $50,000 in cash, Michael Sherraden, director of the Center for Social Development, says a solution already exists — Child Development Accounts.
Michael Sherraden, PhD, received the Society for Social Work and Research’s 2018 Social Policy Researcher Award, which is “in recognition of Dr. Sherraden’s record of accomplishment that demonstrates distinguished achievement across an extended career of research in social policy.”
The book “Asset-Building Policies and Innovation in Asia” – a valuable resource for students and scholars of Asian social policy – is now available in paperback.
In a joint appearance, the authors of “The Financial Diaries: How American Families Cope in a World of Uncertainty” headlined an October 24 event co-sponsored by the Center for Social Development and the Federal Reserve Bank of St. Louis.
The Global Social Development Innovations research center will focus on developing community-driven initiatives that address economic security, workforce development, financial inclusion, social protection, health and education.
The Center for Social Development congratulates Shanondora Billiot, PhD, and Jessica Black, PhD, on their new faculty positions at the University of Illinois School of Social Work and the University of Alaska Fairbanks, respectively.
Gina Chowa, Center for Social Development faculty director for Global Asset Building, is director of the new Global Social Development Innovations Center at the University of North Carolina at Chapel Hill.
Financial Capability and Asset Building for All is one of the 12 Grand Challenges for Social Work and a growing practice in the social work profession. The Center for Social Development is committed to working with its partners to increase the financial capability of individuals, families, and communities across the globe!
Social Work Month may be ending, but social work’s professional commitment to addressing society’s challenges continues in earnest! Today the Grand Challenges for Social Work initiative is sharing insights on moving ideas and evidence into policy, including policy strategies and actions to address critical national problems.
Springing from work at the Center for Social Development, a Financial Capability and Asset Building initiative is underway in Singapore. Soon social workers there will develop knowledge and skills for working with low-income families on their household finances.
Michal Grinstein-Weiss, associate director of the Center for Social Development, spent part of December with Israel’s leading media providing insight on the country’s new law creating Child Development Accounts, the Savings for Every Child law.
More than 130 people attended the international symposium “People and Climate Change: Vulnerability, Adaptation, Social Justice” on November 18 at the Brown School.
The mayor of New York has announced a new child savings account to help thousands of New York City public school children save for college. City officials relied on research from the Center for Social Development to develop the three-year pilot program, which starts next fall.