Can the Poor Save?

Can the Poor Save?

Author: Michael Sherraden

Publisher: Routledge

Published: 2017-09-08

Total Pages: 388

ISBN-13: 1351530224

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Many policymakers argue that the best poverty policy not only provides cash to the poor for subsistence but also incentives and structures that encourage long-term social and economic improvement. As part of this, they make the case for Individual Development Accounts (IDAs), a new policy proposal designed to help the poor save and to build assets. This book explores IDAs to determine their effectiveness. IDAs are matched savings accounts targeted on low-income, low-wealth individuals. Savings in IDAs are used for home ownership, post-secondary education, small business development, and other purposes. Do IDAs work? If they do, for whom? And does how an IDA is designed determine savings outcomes? This volume is the first analysis of matched savings by the poor to use data from monthly bank statements. It comes at a critical time, as debate rages over the merits of individual social security accounts. IDAs also respond to policy that is becoming more asset based and less inclusive of the poor. The authors argue for the efficacy of IDAs to counter this tendency. They find that while savings outcomes vary among participants, no characteristics (such as low income or public assistance) preclude saving. They examine effects of IDA design (the match rate, savings targets, and the use of automatic transfer) on savings results and analyze factors that influence varying rates of saving and spending over time. They conclude that financial education and other support services, though costly, improve savings performance. To address the issue of cost they suggest a two-tier system of IDA design, one with broad access and simple services and the other with targeted access and intensive services. Can the Poor Save? offers a wealth of lessons to those interested in saving and asset accumulation among the poor. It not only breaks new ground in the scientific study of savings behavior, but also offers concrete, evidence-based recommendations to improve policies designed to encourage the poor to save and how to make such policies more inclusive.


The Peace Chiefs of the Cheyennes

The Peace Chiefs of the Cheyennes

Author: Stan Hoig

Publisher: University of Oklahoma Press

Published: 1990-07-31

Total Pages: 230

ISBN-13: 9780806122625

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A Plains tribe that subsisted on the buffalo, the Cheyennes depended for survival on the valor and skill of their braves in the hunt and in battle. The fiery spirit of the young warriors was balanced by the calm wisdom of the tribal headmen, the peace chiefs, who met yearly as the Council of the Forty-four. "A Cheyenne chief was required to be a man of peace, to be brave, and to be of generous heart," writes Stan Hoig. "Of these qualities the first was unconditionally the most important, for upon it rested the moral restraint required for the warlike Cheyenne Nation." As the Cheyennes began to feel the westward crush of white civilization in the nineteenth century, a great burden fell to the peace chiefs. Reconciliation with the whites was the tribe's only hope for survival, and the chiefs were the buffers between their own warriors and the United States military, who were out to "win the West." The chiefs found themselves struggling to maintain the integrity of their people-struggling against overwhelming military forces, against disease, against the debauchery brought by "firewater," and against the irreversible decline of their source of livelihood, the buffalo. They were trapped by history in a nearly impossible position. Their story is a heroic epic and, oftentimes, a tragedy. No single book has dealt as intensively as this one with the institution of the peace chiefs. The author has gleaned significant material from all available published sources and from contemporary newspapers. A generous selection of photographs and extensive quotations from ninteteenth-century observers add to the authenticity of the text. Following a brief analysis of the Sweet Medicine legend and its relation to the Council of the Forty-four, the more prominent nineteenth-century chiefs are treated individually in a lucid, felicitous style that will appeal to both students and lay readers of Indian history. As adopted Cheyenne chief Boyce D. Timmons says in his preface to this volume, "Great wisdom, intellect, and love are expressed by the remarkable Cheyenne chiefs, and if you enter their tipi with an open heart and mind, you might have some understanding of the great 'Circle of Life.'"


Ashes

Ashes

Author: David Grinnell

Publisher:

Published: 2021-11-12

Total Pages: 366

ISBN-13: 9781736867594

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Ashes is a gothic novel depicting the life and struggles of Alice Reaper. Alice Reaper departs from her hometown Boydton, Virginia after her father's tragic death. She begins anew in the small town of Bedford, Ohio as nightmares and the memories of the past haunt her. Longing for inner peace, she struggles against her own darkness, demons, and the ashes of a life she once lived.


Business Models and Corporate Reporting

Business Models and Corporate Reporting

Author: Lorenzo Simoni

Publisher: Routledge

Published: 2021-09-19

Total Pages: 121

ISBN-13: 1000439542

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This book discusses the role of business models in corporate reporting. It illustrates the evolution of non-financial reporting, the importance of business model reporting, and the main conceptualisations of business models. It also offers a methodological contribution to the assessment of business model reporting. Finally, it discusses the main implication of business model reporting for different categories of subjects and some challenges related to this kind of disclosure. Readers will understand the role of business models in the non-financial reporting landscape. They will also gain an understanding of how business models can help users of the annual report contextualise other non-financial items disclosed. However, effective business model reporting implies paying attention to certain features that define its quality. This theme is discussed in the empirical part of the book and in the section devoted to implications for preparers, users, and regulators. As large companies in the EU and the UK have to disclose the business model in the annual report, this book will be of interest to preparers and users of financial statements, regulators involved in the ongoing non-financial regulatory process, and professional bodies. It will also be of interest to academics interested in the investigation of non-financial reporting.