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What we’ve learned ... and why it matters. 2015 Annual Report President's Letter
2015 Annual Report President's Letter. Report consists of web-text, videos and podcasts, available at: http://www.frbsf.org/our-district/about/annual-report/annual-report-2015/#toc
Report
A tale of two giants: comparing China and India
Accounting for 40 percent of the world?s population and almost 20 percent of the world?s output, China and India are two of Asia?s?indeed, the world?s?economic giants. In addition to their size, these countries have other traits in common. Both are among the fastest-growing economies in the world, and both are transitioning from heavily state-controlled and regulated economies to more market-based economic systems.
Report
An overview of our 2015 Annual Report. John Williams, president and chief executive officer, and Mark Gould, first vice president, welcome you to the San Francisco Fed’s 2015 annual report, “What We’ve Learned…and why it matters”
In our 2015 annual report, What We've Learned?and why it matters, we reflect on the Federal Reserve Bank of San Francisco's efforts to create a growing, sustainable economy for everyone. The report looks across teams and disciplines, from economic research to human resources, shedding light on various points of view and approaches to our work. You?ll see the faces and hear the voices of San Francisco Fed employees from across functions?curious people who are committed to learning and to public service. It's an honest look back at what we?ve learned and why it matters.
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The fragility of finances. SF Fed Community Development's Laura Choi talks with President John Williams about creative placemaking, a neighborhood revitalization strategy that engages local artists and performers
In the 2015 annual report, What We've Learned...and why it matters, we discuss creative placemaking, a new concept that refers to the enhanced role art plays in our communities. We've learned that creating culturally relevant spaces, ones that are vibrant and attractive, increases a community?s economic potential. Creative placemaking taps into local artists and communities, ensuring culturally significant voices are represented and reflected.
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Transforming financial services. Banking supervision’s Tracy Basinger explains why the intersection of finance and technology–fintech–is a matter of great importance and interest to the Fed
Innovations in technology are transforming relationships between the Fed, the banks we supervise, and their customers. In our 2015 annual report, What We've Learned?and why it matters, we explain how the Fed is poised to evolve alongside fintech innovations.
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Cash is dead! Long live cash! : annual report essay
In an essay in the 2012 Annual Report, San Francisco Fed President and CEO John C. Williams explains why currency in circulation is soaring at the same time Americans are turning away from cash to pay for purchases. He also looks at the future demand for cash and the role the San Francisco Fed plays to help the Federal Reserve distribute currency and ensure enough is in circulation.
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Health and prosperity. Health and community prosperity are intrinsically linked. SF Fed Community Development’s Ian Galloway sits down with President John Williams to discuss the issue
In reflecting on community development trends for the 2015 annual report, What We've Learned?and why it matters, one of our biggest learnings is to advocate for health and community development organizations to share data with each other. Health often determines if an individual has a job or access to educational opportunities, making it a strong predictor of economic prosperity. A more holistic, collaborative approach to improving health?especially in areas with low-income households?can result in significantly better outcomes for individuals and for communities.