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Asset Building and Low Income Families
Michael Sherraden
€ 60.71
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Description for Asset Building and Low Income Families
Paperback. Series: Urban Institute Press. Num Pages: 300 pages, illustrations. BIC Classification: JPQB; RPC. Category: (G) General (US: Trade). .
Low-income families have scant savings to cushion a job loss or illness, and can find economic mobility impossible without funds to invest in education, homes, or businesses. And though a lack of resources leaves such families vulnerable, income-support programs are often closed to those with a bit of savings or even a car. Considering welfare-to-work reforms, the increasingly advanced skill demands of the American workforce, and our stretched Social Security system, such an approach is inadequate to lift families out of poverty. Asset-based policies—allowing or even helping low-income families build wealth—are an increasingly popular strategy to facilitate financial stability.
Low-income families have scant savings to cushion a job loss or illness, and can find economic mobility impossible without funds to invest in education, homes, or businesses. And though a lack of resources leaves such families vulnerable, income-support programs are often closed to those with a bit of savings or even a car. Considering welfare-to-work reforms, the increasingly advanced skill demands of the American workforce, and our stretched Social Security system, such an approach is inadequate to lift families out of poverty. Asset-based policies—allowing or even helping low-income families build wealth—are an increasingly popular strategy to facilitate financial stability.
Product Details
Format
Paperback
Publication date
2008
Publisher
Urban Institute Press,U.S. United States
Number of pages
300
Condition
New
Series
Urban Institute Press
Number of Pages
300
Place of Publication
, United States
ISBN
9780877667544
SKU
V9780877667544
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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