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Cascade

Cascade provides news and analysis on community development issues for individuals working in the community development field in financial institutions, nonprofit organizations, government agencies, and other sectors. Cascade is published four times a year by the Federal Reserve Bank of Philadelphia's Community Development and Regional Outreach Department.

The Fall 2018 Cascade marks the milestone 100th issue. This issue shares reflections from industry thought leaders on the 2018 Reinventing Our Communities conference theme of Investing in Opportunity. Articles discuss three essential paradigm shifts needed to effectively address the community and economic development barriers of the past, meet the challenges of the future, and catalyze action in the present:

  1. Build wealth rather than extract wealth from communities by becoming intentional about issues of equity.
  2. Leverage new resources by shifting focus from addressing market failures to also exploring market opportunities.
  3. Move from short-term, transactional approaches to transformational strategies that foster long-term systems change.

Throughout the conference, speakers and attendees explored effective models and emerging strategies for investing in four pillars of capital — human, financial, physical, and social — to foster economic growth by enabling every individual to contribute to and derive benefit from the economy. In this issue of Cascade, authors share critical insights and bold recommendations to push the next generation of community and economic development practitioners to engage in the policy and programmatic work that will address these issues.  

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Archived issues of Cascade beginning with 1999 are also available.

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