Federal Reserve Bank of Boston | bostonfed.org |
So what do we do? What works?
▶ Key principles
▶ Efforts are research-based, data-informed
▶ Research and data inform identification of issue, design of solution, and evaluation of progress
▶ Maintain a learning orientation
▶ We learn from every attempt. If it fails, we stop doing it—and that failure is valuable
information.
▶ Build sustainable collaboration across all relevant sectors, with commonly-agreed
goals/vision
▶ All of the problems discussed today are complex and cross-sectoral
▶ Focus on people, not structures and beautification
▶ Tracking outcomes over time for low/mod-income, minority and immigrant populations is key
Bank Administration, 7 January 2020
13 of 17