Consortium to conduct landmark study on youth savings as a development tool

The MasterCard Foundation announced a partnership with a consortium of four organizations to conduct a landmark, global research initiative that will test how to sustainably deliver savings services to low-income youth in the developing world.  The initiative — YouthSave — is based on emerging evidence that suggests linking youth to savings may improve their economic, educational and health-related futures.  The four organizations participating in the consortium are Save the Children, the Center for Social Development at Washington University in St. Louis, the New America Foundation, and CGAP (the Consultative Group to Assist the Poor).

WUSTL’s Michael Sherraden named to TIME magazine’s TIME 100

TIME magazine has named Michael Sherraden, PhD, the Benjamin E. Youngdahl Professor of Social Development at Washington University in St. Louis, to the 2010 TIME 100, the magazine’s annual list of the 100 most influential people in the world. Sherraden, the founder and director of the Brown School’s Center for Social Development (CSD), is known for his pioneering work on asset building for low-income people.

Savings accounts in child’s name provide lifelong benefits

Child Development Accounts are savings accounts that begin as early as birth and allow parents and children to accumulate savings for post-secondary education, homeownership or business initiatives. “There is evidence that when there are savings and assets in the household – particularly savings in a child’s name – that children have greater educational attainment, are more likely to do well in high school, attend college and graduate from college,” says Michael Sherraden, PhD, the Benjamin E. Youngdahl Professor of Social Development at the Brown School. Sherraden recently was named to TIME Magazine’s TIME 100.

Stalker Prize goes to Desir

Fidel Desir is the winner of the 2010 Stalker Award. The prize is named in the honor of the late Harrison D. Stalker, PhD, who was professor of biology; a leading evolutionary biologist, geneticist and inspired teacher; and a true enthusiast of the fine arts.

Volcano ash airport gridlock may help travelers rediscover creative genius, says psychologist

The dark clouds of volcanic ash that have closed airports and stranded travelers for days on end may have a silver lining, suggests an expert on human creativity from Washington University in St. Louis. Like it or note, stranded travelers around the globe are suddenly finding themselves with a lot of unscheduled time on their hands, and idle time is a key ingredient to becoming more creative in your personal and professional lives.
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