CSD celebrates, highlights global partners’ work in Asia, Africa

We are pleased to share news from and highlight ongoing collaborations with our global partners the Centre for Social Development Asia, at the National University of Singapore, and the Centre for Social Development in Africa, at the University of Johannesburg.

Reversing Extreme Inequality

Lein, L., Romich, J. L., & Sherraden, M. (2016). Reversing extreme inequality (Grand Challenges for Social Work Initiative Working Paper No. 16). Cleveland, OH: American Academy of Social Work and Social Welfare.

Toward Productive Research Agendas in Financial Inclusion, Security, and Development

Sherraden, M., & Sherraden, M. S. (2015). Toward productive research agendas in financial inclusion, security, and development. In L. Choi, D. Erickson, K. Griffin, A. Levere, & E. Seidman (Eds.), What it’s worth: Strengthening the financial future of families, communities and the nation (pp. 355–369). San Francisco, CA: Federal Reserve Bank of San Francisco and Corporation for Enterprise Development.

New book offers hope for ailing American family finances

“What It’s Worth: Strengthening the Financial Future of Families, Communities and the Nation” includes 40 essays by the nation’s leading experts on economics, financial services, public policy and philanthropy from across a broad range of sectors.

Israel adopts savings accounts for children based on CSD recommendation

Israel’s parliament has passed a law funding long-term savings accounts for all newborns, based on a proposal developed by Michal Grinstein-Weiss, associate director of the Center for Social Development, and on research efforts led by Michael Sherraden, director of CSD.

Universal Accounts at Birth: Building Knowledge to Inform Policy

Sherraden, M., Clancy, M., Nam, Y., Huang, J., Kim, Y., Beverly, S. G., … Purnell, J. Q. (2015). Universal accounts at birth: Building knowledge to inform policy. Journal of the Society for Social Work and Research, 6(4), 541–564. doi:10.1086/684139

New report explores global lessons from youth savings

In 2010, researchers in the vast YouthSave Initiative started investigating whether low-income youth can build savings in the developing countries of Colombia, Ghana, Kenya and Nepal. Now their findings are summarized in a newly released report.

‘Taking the bank to the youth’ proves fruitful, researchers find

YouthSave researchers gathered recently in Washington, D.C., to discuss what they learned over five years about how to provide scalable saving mechanisms to low-income youth—and what their findings could mean for youth development and financial inclusion.

Financial Capability and Asset Building for All

Sherraden, M. S., Huang, J., Frey, J. J., Birkenmaier, J., Callahan, C., Clancy, M. M., & Sherraden, M. (2015). Financial capability and asset building for all (Grand Challenges for Social Work Initiative Working Paper No. 13). Cleveland, OH: American Academy of Social Work and Social Welfare.

Asset-Based Policy in China: Applied Projects and Policy Progress

Zou, L., Guo, B., Deng, S., Huang, J., Jin, M., & Sherraden, M. (2015, September). Asset-based policy in China: Applied projects and policy progress (CSD Policy Brief No. 15-49). St. Louis, MO: Washington University, Center for Social Development.

Asset-Based Policy in Hong Kong: Child Development Fund

Zou, L., Lai, S., & Sherraden, M. (2015, September). Asset-based policy in Hong Kong: Child Development Fund (CSD Policy Brief No. 15-50). St. Louis, MO: Washington University, Center for Social Development.

CSD spotlight: The Smart Decarceration Initiative

The United States faces the tremendous challenge of reducing its overreliance on prisons and jails. As the social and economic costs of incarceration rise, great need—and opportunity—exists to reverse the trend. The new Smart Decarceration Initiative, based at the Center for Social Development, is taking up the challenge.

Israel’s proposed budget includes CSD plan for Child Development Accounts

Israel’s parliament will consider a state budget this fall that includes funding for long-term savings accounts for all newborns, a proposal authored by Michal Grinstein-Weiss, PhD, the associate director of the Center for Social Development, and based on research efforts led by Michael Sherraden, PhD, the director of CSD.

Youth Savings Patterns and Performance in Ghana: A Supplementary Report

Johnson, L., Lee, Y., Ansong, D., Chowa, G., Osei-Akoto, I., & Sherraden, M. (2015). Youth savings patterns and performance in Ghana: A supplementary report (YouthSave Research Report No. 15-27). St. Louis, MO: Washington University, Center for Social Development.

CSD joins launch of Campaign for Every Kid’s Future

​At the Center for Social Development, we believe that financial security should be lifelong, starting at birth and extending from childhood through adulthood. Today CSD is proud to join CFED and more than a dozen other partners in launching the Campaign for Every Kid’s Future.

Sherraden receives Richard Lodge Prize

​CSD Director Michael Sherraden, PhD, was awarded the Richard Lodge Prize for 2015. He received the prize on May 8 at the Adelphi University School of Social Work’s annual Alumni and Friends Day.

Sherraden marks Singapore’s 50th Anniversary with lecture on social innovation

Singapore’s innovative response to its rough and vulnerable beginning has shaped the first 50 years of the island country, Michael Sherraden said Wednesday, speaking to a crowd gathered at the National University of Singapore for his public lecture marking Singapore’s 50th Anniversary as an independent nation.

FCAB takes stage at WUSTL-Wells Fargo celebration

The Financial Capability & Asset Building initiative was highlighted Tuesday during a celebration showcasing four Washington University in St. Louis initiatives funded by a $5.3 million gift from Wells Fargo Advisors.

The Early Positive Impacts of Child Development Accounts

Beverly, S. G., Clancy, M. M., & Sherraden, M. (2016, June). The early positive impacts of Child Development Accounts (CSD Research Brief No. 15-08). St. Louis, MO: Washington University, Center for Social Development.

Youth Savings Patterns and Performance in Colombia, Ghana, Kenya, and Nepal

Johnson, L., Lee, Y., Ansong, D., Sherraden, M. S., Chowa, A. N., Ssewamala, F., … Saavedra, J. (2015). Youth savings patterns and performance in Colombia, Ghana, Kenya, and Nepal (YouthSave Research Report No. 15-01). St. Louis, MO: Washington University, Center for Social Development.

Rhode Island newborns get college savings

Rhode Island’s treasurer and 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.