Financial World

Cross-Atlantic Fertilization in Asset-Based Welfare Policy

  • By
  • Reid Cramer,
  • New America Foundation
May 1, 2005 |

A novel policy idea is taking hold on both sides of the Atlantic. While traditional anti-poverty efforts have focused on maintaining a social safety net to protect the poor, there is a growing recognition that economic well-being hinges on a household's ability to accumulate a wide range of assets.

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