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1. The Great Convergence: Toward a Global Strategy for Financial Inclusion

Author:
Timothy Ogden
Publication Date:
08-2019
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Tim Ogden, Managing Director of NYU-Wagner’s Financial Access Initiative and Aspen FSP Senior Fellow, contextualizes financial inclusion – once thought of as a solution only for the developing world – as one highly relevant in the US context. In July, Ogden shared an abbreviated version of his remarks at the Consultative Group to Assist the Poor’s (CGAP) private meeting on updating financial inclusion’s collective narrative to include evolving thinking and impact. You can learn more about CGAP’s work here. This piece dives deeper into Ogden’s observations about the shared challenges and areas of growth within the landscape of global inclusion. It also proposes the need for a global financial inclusion strategy. Read Ogden’s piece, The Great Convergence to learn how financial inclusion efforts around the world are growing more relevant to the structural policies developed in the US, and vice versa.
Topic:
Globalization, Finance, Socioeconomics, and Inclusion
Political Geography:
North America and United States of America

2. Partnered But Poor

Author:
Shawn Fremstad
Publication Date:
03-2016
Content Type:
Working Paper
Institution:
Center for American Progress - CAP
Abstract:
People living in single-parent families are much more likely to have low incomes and experience economic hardships than those living in both married and unmarried partnered families with children. At the same time, however, the vast majority of people in low-income families with children are in families headed by married or unmarried partners, as are most people in families with children that receive means-tested benefits. This fact flies in the face of claims that marriage is a panacea for poverty. This issue brief provides basic facts about differences in low-income rates for three family types—married-couple, cohabiting-couple, and single-parent families with children—and looks at, by family type, the share of low-income people in families with children and the share of people in families with children that receive major means-tested benefits. The hope is that facts such as these will generate a more balanced debate, one that acknowledges and addresses differences in economic hardship by family structure without minimizing the extent of married and partnered poverty in the United States.
Topic:
Poverty, Income Inequality, Family, and Socioeconomics
Political Geography:
North America and United States of America