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2. Global Governance Breakthrough: The G20 Summit and the Future Agenda
- Author:
- Johannes F. Linn, Colin I. Bradford, and Paul Martin
- Publication Date:
- 12-2008
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- At the invitation of President George W. Bush, the G20 leaders met on November 15, 2008, in Washington, DC, in response to the worldwide financial and economic crisis. With this summit meeting the reality of global governance shifted surprisingly quickly. Previously, major global economic, social and environmental issues were debated in the small, increasingly unrepresentative and often times ineffectual circle of G8 leaders. Now, there is a larger, much more legitimate summit group which can speak for over two-thirds of the world's population and controls 90% of the world's economy.
- Topic:
- Environment, Globalization, Government, International Cooperation, International Political Economy, and International Affairs
3. A Bridge to Somewhere: Rethinking American Transportation for the 21st Century
- Author:
- Robert Puentes
- Publication Date:
- 06-2008
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- In the past, strategic investments in our nation's transportation infrastructure—the railroads in the 19th century, the interstates in the 20th—turbocharged growth and transformed the country. But more recently, America's transportation infrastructure has not kept pace with the growth and evolution of its economy. At the precise time when the nation desperately needs to prioritize its limited investments and resources, the federal transportation program has lost focus.
- Topic:
- Development, Environment, and Government
- Political Geography:
- United States and America
4. Bridging the Social Security Divide: Lessons From Abroad
- Author:
- R. Kent Weaver
- Publication Date:
- 06-2008
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Efforts by President George W. Bush to promote major reforms in the Social Security retirement program have not led to policy change, but rather to increased polarization between the two parties. And the longer we wait to address Social Security's long-term funding problem, the bigger and more painful the changes will need to be.
- Topic:
- Economics, Government, and Politics
- Political Geography:
- United States
5. More COPS
- Author:
- John J. Donohue III and Jens Ludwig
- Publication Date:
- 03-2007
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- It would be unrealistic to expect crime to continue dropping sharply as it did in the 1990s, but that is no reason to undermine the progress brought by successful policies. With recent FBI data showing crime on the rise, it is time to reconsider the massive de-funding of one of the most successful federal anti-crime measures of the 1990s: the U.S. Department of Justice's Office of Community Policing Services (COPS) program. The program, authorized by the Violent Crime Control and Law Enforcement Act of 1994, provides grants to state and local police to hire additional officers and adopt aspects of "community policing."
- Topic:
- Civil Society, Crime, Development, and Government
- Political Geography:
- United States
6. How Well Are American Students Learning?
- Author:
- Tom Loveless
- Publication Date:
- 10-2006
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- This report launches the second volume of the Brown Center Report on American Education. The five issues of volume one were published from 2000 to 2004. Volume one included regular reports on data from the National Assessment of Educational Progress (NAEP) and state assessments, analysis of student achievement in charter schools, a study of trends in homework, evaluations of the federal government's Blue Ribbon Schools Program, an investigation of the academic performance of high schools with powerhouse sports teams, analyses of student achievement in urban school districts and rural schools, a survey of exchange students from countries abroad to see what they think of American schools, and a survey of the mathematics preparation of middle school math teachers. Volume two will explore similar topics related to how well American students are learning.
- Topic:
- Civil Society, Education, and Government
- Political Geography:
- United States and America
7. Charting Maine's Future: An Action Plan for Promoting Sustainable Prosperity and Quality Places
- Publication Date:
- 10-2006
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- For all its challenges Maine stands within reach of a new prosperity—if it takes bold action and focuses its limited resources on a few critical investments. The moment is urgent. After decades of industrial restructuring and drift, the pace of transformation is quickening, and the slow replacement of the old order is yielding a new one that may bring better lives for Mainers. New population growth is bringing new people and new wealth to the state.
- Topic:
- Economics and Government
- Political Geography:
- United States
8. The Effects of Investing in Early Education on Economic Growth
- Author:
- Jeffrey Tebbs, Isabel V. Sawhill, and William T. Dickens
- Publication Date:
- 04-2006
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Many in Congress and the administration have called for new investments in education in order to make the United States more competitive, with President Bush stressing the importance of education in preparing young Americans to “fill the jobs of the 21st century.” Yet advocates of early childhood education have only recently stressed the economic benefits of preschool programs, and it has been difficult to win support for these short-term investments given the long-term nature of the benefits to the economy.
- Topic:
- Development, Economics, Education, and Government
- Political Geography:
- America
9. Reducing Unwed Childbearing: The Missing Link in Efforts to Promote Marriage
- Author:
- Daniel T. Lichter and Andrea Kane
- Publication Date:
- 04-2006
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Most social scientists acknowledge that, on balance, single parents, stepparents, or cohabiting couples are no substitute for childrearing by two married parents. Yet, new data from the federal government show that a record number of babies—nearly 1.5 million—were born to unmarried women in the United States in 2004. Empirical evidence of this sort has leveraged political support for the Bush administration's “Healthy Marriage Initiative.” Congress recently approved major funding for this initiative as part of welfare reform reauthorization. Approximately $100 million per year will be available for research, demonstration, and technical assistance projects to promote healthy marriage through such activities as public advertising campaigns, relationship and marriage education in high schools, and relationship and marriage skills for both unmarried and married couples. In addition, about $50 million per year will be available to promote responsible fatherhood.
- Topic:
- Civil Society, Economics, Government, and Human Welfare
- Political Geography:
- United States
10. The Decline of the Underclass
- Author:
- Paul A. Jargowsky and Isabel V. Sawhill
- Publication Date:
- 01-2006
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Hurricane Katrina reminded the nation of the consequences of entrenched poverty, and Congress now faces complicated policy questions set against the backdrop of class and race. As America confronts these issues in cities and states beyond the Gulf Coast, it is important to realize that the number of poor people living in troubled neighborhoods—often described by journalists as the “underclass”—are actually fewer now than in the 1980s. Yet public policies that encourage education, work, and opportunity are urgently needed to keep that positive trend from reversing.
- Topic:
- Demographics, Development, Economics, and Government
- Political Geography:
- America
11. Block Grants: Flexibility vs. Stability in Social Services
- Author:
- Margy Waller
- Publication Date:
- 12-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Since the 1940s, federal officials, commissions, and scholars all have suggested that local governments receive their federal funds in the form of so-called block grants. Supporters say block grant sallow local governments more freedom to design programs, simplify administration of funds, and improve consumer access to social services. The biggest challenge to wholesale support for block grants is simple: How can we ensure accountability for spending and outcomes? Policymakers face a dilemma: keep block grant funding flexible to ensure its success or protect programs from potential cuts that threaten the stability of services. This policy brief reviews the history of federal block grants for social services, the academic literature examining block grant outcomes, and recent federal proposals.
- Topic:
- Development, Economics, Government, and Human Welfare
12. Why Federalism Matters
- Author:
- Pietro S. Nivola
- Publication Date:
- 10-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- What do we want from federalism?” asked the late Martin Diamond in a famous essay written thirty years ago. His answer was that federalism—a political system permitting a large measure of regional selfrule—presumably gives the rulers and the ruled a “school of their citizenship,” “a preserver of their liberties,” and “a vehicle for flexible response to their problems.” These features, broadly construed, are said to reduce conflict between diverse communities, even as a federated polity affords inter-jurisdictional competition that encourages innovations and constrains the overall growth of government.
- Topic:
- Development, Government, and Politics
- Political Geography:
- United States
13. The Well-Being of Single-Mother Families After Welfare Reform
- Author:
- Bruce D. Meyer and James X. Sullivan
- Publication Date:
- 08-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Trends in income and consumption tell very different stories about the well-being of single mothers and their children in recent years. On the one hand, data suggest that income fell noticeably for single mothers well below the poverty line, while income grew significantly for single mothers with higher incomes. On the other hand, data on how much these two groups of mothers and children consumed suggest that the material circumstances of both groups improved during the 1990s. We argue that the consumption data better reflect well-being for several reasons. First, consumption is probably measured with less error than income for poor families, and is more strongly associated with other measures of well-being such as health and housing conditions. Second, there is overwhelming evidence that income is underreported by these mothers and that the underreporting, especially of income from welfare and other transfer programs, has increased in recent years.
- Topic:
- Demographics, Economics, Government, and Human Welfare
14. Insuring America's Workers in a New Era of Offshoring
- Author:
- Robert E. Litan, Nicholas Warren, and Lael Brainard
- Publication Date:
- 07-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- With a new wave of white-collar offshoring coming fast on the heels of accelerated job losses in manufacturing, an ever-broader pool of American workers is finding that the nation's safety net has more holes than netting. The nation can and must do more to help insure the livelihoods of American workers in the face of structural shifts of whatever form, while preserving the benefits of an open and innovative economy. With technological change and offshoring accelerating job turnover and the pace at which workers' job-specific skills lose value, the time has come for the federal government to strengthen the existing safety net.
- Topic:
- Economics, Government, and Human Welfare
- Political Geography:
- United States and America
15. Rumsfeld's Revolution at Defense
- Author:
- Paul C. Light
- Publication Date:
- 07-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Whatever his legacy as an architect of the war in Iraq, Defense Secretary Donald Rumsfeld has already earned a place in American bureaucratic history as one of its most ambitious organizational reformers. Rumsfeld is determined to complete a top-to-bottom overhaul of his department before he leaves office. Rumsfeld may be one of history's most ambitious reformers, but his actual impact is far from assured. He still faces intense resistance from the armed services, especially the Army, which has the most to lose in the movement to a much lighter military. And many of his proposals are either still under consideration in Congress or only in the early stages of implementation in the department.
- Topic:
- Security, Defense Policy, and Government
- Political Geography:
- Iraq and Middle East
16. Insuring America's Workers in a New Era of Offshoring
- Author:
- Robert E. Litan, Nicholas Warren, and Lael Brainard
- Publication Date:
- 07-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- With a new wave of white-collar offshoring coming fast on the heels of accelerated job losses in manufacturing, an ever-broader pool of American workers is finding that the nation's safety net has more holes than netting. The nation can and must do more to help insure the livelihoods of American workers in the face of structural shifts of whatever form, while preserving the benefits of an open and innovative economy. With technological change and offshoring accelerating job turnover and the pace at which workers' job-specific skills lose value, the time has come for the federal government to strengthen the existing safety net.
- Topic:
- Economics, Government, Human Welfare, and Poverty
- Political Geography:
- America
17. Can the U.S. Government Live Within Its Means? Lessons from Abroad
- Author:
- Allen Schick
- Publication Date:
- 06-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- When George W. Bush leaves office in 2009, the federal government will owe at least $15,000 more for every American than it did when he became president eight years earlier. This unprecedented build-up of public debt will result from budget deficits projected to average more than $250 billion a year during the Bush presidency, plus more than one trillion dollars borrowed from social security trust funds. Although this budget projection may be high, there is far greater risk that actual deficits will exceed current estimates than that they will be lower.
- Topic:
- International Relations, Economics, and Government
- Political Geography:
- United States
18. Individual Development Accounts: Policies to Build Savings and Assets for the Poor
- Author:
- Ray Boshara
- Publication Date:
- 03-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Individual Development Accounts (IDAs)—matched savings accounts for low-income households—are a relatively new means of improving the lives of the poor. Advocates of IDAs argue that those with assets are more economically secure, have more options in life, and can pass on status and opportunities to future generations. They further argue that assets have positive social, psychological, and civic effects that are independent of the effects of income. Over the last decade, research and demonstration projects have been initiated to address these claims; some of the key findings are that IDAs do lead the poor to save or acquire assets, but do not necessarily increase their net worth (assets minus debt). While costs are declining, IDAs are expensive to administer and are often used by the poor as checking and savings accounts as well as a means to accumulate wealth, reflecting in part the dearth of savings products aimed at the poor.
- Topic:
- Foreign Policy, Development, Economics, and Government
19. Thinking About Political Polarization
- Author:
- Pietro S. Nivola
- Publication Date:
- 01-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- American politics are said to have become bitterly polarized. Journalistic accounts speak frequently of culture wars, and of a chasm between "red" and "blue" states. The defining issue in last November's tightly contested election was reported to be a deep divide over something called "moral values." Senator John F. Kerry's defeat was imputed to his party's alleged deficit in moralists. George W. Bush's victory was attributed to a mobilization of religious zealots. The passions and polemics of maximalists, we are told, are crowding out the preferences of moderates. The country's traditions of pragmatic accommodation and centrist policymaking are supposedly at risk in this hardened political landscape.
- Topic:
- Foreign Policy, Economics, Government, and Politics
20. The Challenge of Achieving High Work Participation Rates in Welfare Programs
- Author:
- LaDonna Pavetti
- Publication Date:
- 10-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Efforts to reform the welfare system over the last two decades have largely focused on reducing welfare dependency by getting welfare recipients to work. By the time the Temporary Assistance for Needy Families (TANF) program was created by the welfare reform law of 1996, there was widespread agreement in the states that welfare recipients should be required to look for work and to do so shortly after (or even before) they began receiving cash assistance. Once TANF was implemented, work became a central focus of local welfare offices. However, as shown by the recent debates on the reauthorization, consensus on work requirements remains elusive.
- Topic:
- Economics, Government, Human Welfare, and Poverty
21. Offshoring, Import Competition, and the Jobless Recovery
- Author:
- Charles L. Schultze
- Publication Date:
- 08-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Until the end of 2003, the United States had been experiencing a “jobless” recovery, with employment stagnating at levels well below those in 2000. A widespread perception has arisen that a major culprit behind the dearth of jobs was the growing practice of U.S. firms to relocate part of their domestic operations to lower-wage countries abroad. “Offshoring” presumably caused a reduction in U.S. output and a corresponding loss of jobs.
- Topic:
- Economics, Government, and Human Welfare
- Political Geography:
- United States
22. Improving the Saver's Credit
- Author:
- William G. Gale and Peter R. Orszag
- Publication Date:
- 07-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- For decades, the U.S. private pension system has provided preferential tax treatment to employer-provided pensions, 401(k) plans, and individual retirement accounts relative to other forms of saving. The effectiveness of this system of subsidies is controversial. Despite the accumulation of vast amounts of wealth in pension accounts, concerns persist about the ability of the pension system to raise private and national saving, and in particular to improve saving outcomes among those households most in danger of inadequately preparing for retirement.
- Topic:
- Economics, Government, and Human Welfare
- Political Geography:
- United States
23. Bush and Kerry: Questions About Governing Styles
- Author:
- Charles O. Jones
- Publication Date:
- 06-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Political campaigns are about governing. Candidates offer themselves to the public and endure a grueling process of nomination and election. Campaigns generate a lot of headlines, but it's what comes afterward that counts. Voters usually are left guessing about how each of the candidates would govern. In 2000, the Brookings Institution, the American Enterprise Institute, and the Hoover Institution jointly conducted several forums with journalists and the presidential candidates' close associates that explored how each of the candidates would govern based on their backgrounds, experience, and leadership styles.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- America
24. Encouraging Job Advancement Among Low-Wage Workers: A New Approach
- Author:
- Harry J. Holzer
- Publication Date:
- 05-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- While their employment rates have risen considerably, most former welfare recipients continue to earn very low wages. Similarly, the earnings of less-educated U.S. workers more broadly have also stagnated or fallen in recent years. Using a new dataset from the Census Bureau, some recent research suggests that low earners' advancement prospects are closely tied to the characteristics of the employers for whom they work. Employment in certain high-wage sectors and especially at firms that pay wage premiums and offer career ladders is strongly correlated with earnings gains over time for initially low earners. Job mobility often results in higher earnings gains than does staying in the same job. "Work first" approaches—such as immediate job placement for those on welfare—produce modest gains over time, while early work at a higher-wage employer or with a temp agency generates larger gains. Policymakers should therefore encourage better job placements for low earners as well as targeted training that is integrated with these placements. Policies to support the creation of more higher-wage jobs for the unskilled should be considered as well. Private labor market intermediaries can play important roles in both processes.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- United States
25. Trade Agreements and Labor Standards
- Author:
- Theodore H. Moran
- Publication Date:
- 05-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- The National Academy of Sciences report, Monitoring International Labor Standards: Techniques and Sources of Information, shows that assessing compliance can be done thoroughly and transparently, allowing government officials, multilateral agencies, "socially responsible" investors, and nongovernmental organizations to identify where they differ on crucial aspects of the assessment process.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
26. "Offshoring" Service Jobs: Bane or Boon and What to Do?
- Author:
- Lael Brainard and Robert E. Litan
- Publication Date:
- 04-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Americans worry the economy is permanently shedding jobs and compressing wages, not only in manufacturing but also now in services once assumed immune to foreign competition. The digitization of information and expanded bandwidth abroad are enabling companies to outsource to low-wage countries services ranging from routine call center work to higher-value software programming, medical diagnosis, and research and analytical activities.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- America
27. Global Economic Governance at a Crossroads: Replacing the G-7 with the G-20
- Author:
- Johannes F. Linn and Colin I. Jr. Bradford
- Publication Date:
- 04-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Finance ministers representing the Group of 7 (G-7) industrialized countries met in Boca Raton, Florida, in early February amid concerns about the weakening of the U.S. dollar. One factor in the dollar's decline is the U.S. trade deficit, which is partly due to the undervalued Chinese yuan. The involvement of China, which is not a G-7 member, illustrates both the glaring gap in global governance and the increasing economic and policy interdependence between industrial countries and major emerging market economies (EMEs). As one observer, referring to the Boca Raton meeting, put it, "China is the 800-pound gorilla and it isn't even part of the negotiations."
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- United States and China
28. How to Balance the Budget
- Author:
- Isabel V. Sawhi and Alice M. Rivlin
- Publication Date:
- 03-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- The federal government is spending about $500 billion a year more than it is raising in taxes. If nothing is done, that gap will widen to around $700 billion annually by 2014 and accelerate rapidly thereafter, as baby boomers begin to retire. Persistent deficits of this magnitude are likely to lower standards of living, make us dangerously dependent on the rest of the world, and pass on large fiscal burdens to future generations. Balancing the budget, while politically difficult, must be a priority. In an effort to stimulate debate over a compromise that would appeal to different groups, we present three ways to achieve balance over the next ten years. One option emphasizes spending cuts and leads to a smaller government. A second relies on tax increases and leads to bigger government. The third maintains government's current size, but makes it more effective, and contains a mix of spending reductions and tax increases, sufficient to achieve balance in ten years while preserving room for some high-priority new initiatives.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
29. The Insurance Industry in America
- Author:
- Robert E. Litan and Richard J. Herring
- Publication Date:
- 03-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Economists and insurance experts have studied the industry for many years and have developed a series of theoretical concepts to explain how insurance markets function. The prevailing view of the demand for insurance was summed up by one conference participant who noted that an economically rational consumer would understand that apart from certain tax benefits, when you buy insurance, you're making a bet with an insurance company, which the insurance comp any wins on average because it must cover administrative costs and earn a competitive return for its shareholders. From this perspective it makes sense to insure only against potential losses so large as to affect your standard of living. But that is not always how consumers behave.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- America
30. Waive of the Future? Federalism and the Next Phase of Welfare Reform
- Author:
- Isabel V. Sawhill, Pietro S. Nivola, and Jennifer L. Noyes
- Publication Date:
- 03-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Determining the appropriate balance of power between the national government and the states is the "cardinal question of our constitutional system," wrote Woodrow Wilson in 1908. The question, he said, would resurface at "every successive stage of our political and economic development." A current manifestation of the time-honored debate focuses on whether to grant state governments additional discretion in managing and integrating a wide range of federally supported services that, in principle, can help the nation's poor earn a living rather than depend on public assistance.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
31. The Uncertain Future of the Telecommunications Industry
- Author:
- Robert E. Litan and Roger G. Noll
- Publication Date:
- 01-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- The U.S. telecommunications industry is riding a roller coaster. For most of the 1990s, the industry's future looked promising. The growth of Internet use, the promise of a broadband network, and a less restrictive regulatory environment that was expected following passage of the 1996 Telecommunications Act led industry experts to forecast rapidly growing demand for core network services along with high-margin business opportunities in an expanding array of new information services. The industry backed these expectations with massive investments to expand the capacity of both wireless and wire line networks as well as to facilitate the expected boom in high-speed data transmission.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- United States
32. Traffic: Why It's Getting Worse, What Government Can Do
- Author:
- Anthony Downs
- Publication Date:
- 01-2004
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Rising traffic congestion is an inescapable condition in large and growing metropolitan areas across the world, from Los Angeles to Tokyo, from Cairo to Sao Paolo. Peak-hour traffic congestion is an inherent result of the way modern societies operate. It stems from the widespread desires of people to pursue certain goals that inevitably overload existing roads and transit systems every day. But everyone hates traffic congestion, and it keeps getting worse, in spite of attempted remedies. Commuters are often frustrated by policymakers' inability to do anything about the problem, which poses a significant public policy challenge. Although governments may never be able to eliminate road congestion, there are several ways cities and states can move to curb it.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- Tokyo and Los Angeles
33. To Give or Not to Give: The Crisis of Confidence in Charities
- Author:
- Paul C. Light
- Publication Date:
- 12-2003
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Public confidence is essential to America's 1.5 million charitable organizations and the 11 million Americans they employ. Confidence clearly affects the public's willingness to donate time and money, shapes the political and regulatory environment that governs charitable organizations, and has at least some influence on morale within the charitable workforce.
- Topic:
- International Relations, Foreign Policy, Government, and Political Economy
- Political Geography:
- America
34. Building Intelligence to Fight Terrorism
- Author:
- James B. Steinberg, Mary Graham, and Andrew Eggers
- Publication Date:
- 09-2003
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- The Bush administration has begun to revise cold war rules governing national security information in order to counter terrorist threats to the United States. The president's homeland security plan calls for new intelligence efforts to protect the nation's borders, defend against threats within the United States, minimize infrastructure vulnerabilities, and improve emergency responses. Congress has given the new Department of Homeland Security responsibility for coordinating these strategies and assuring that accurate and complete information gets to those who need it.
- Topic:
- International Relations, Foreign Policy, and Government
- Political Geography:
- United States
35. Financial Conglomerates: The Future of Finance?
- Author:
- Robert Litan and Richard Herring
- Publication Date:
- 04-2003
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- In 1999, after nearly twenty years of debate, the U.S. Congress finally passed legislation permitting bank affiliations with all sorts of other financial enterprises, and vice versa. In this step, the United States joined many other countries — especially in Europe and, more recently, Japan — in allowing the operation of financial conglomerates. But are financial conglomerates the wave of the future in finance? And if so, how are they to be regulated? These were the two central questions addressed in the fifth annual conference of the Brookings-Wharton Papers on Financial Services, an annual volume published by the Brookings Institution Press. The conference, held in October 2002 in Washington, D.C., convened financial services experts from around the world. The papers presented at the conference suggest, generally, that while the future may see more financial conglomerate activity than it has in the past, there still will be a role for specialist, or "monoline" financial companies. As for regulation, there is no settled model: some nations will pursue consolidated supervision, with authority over entire conglomerates vested in a single authority (often the central bank), while others will still regulate the pieces of diversified financial enterprises along structural lines.
- Topic:
- Economics, Government, Industrial Policy, and International Trade and Finance
- Political Geography:
- United States, Europe, and Washington
36. Strengthening Financial Sector Governance in Emerging Markets
- Author:
- Robert Litan, Michael Pomerleano, and V. Sundararajan
- Publication Date:
- 07-2002
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Policymakers and analysts are still sifting through the wreckage of the Asian financial crisis of 1997 and the subsequent crises in Russia, Turkey, and Argentina to discern key lessons so that similar crises will not recur. Some lessons are by now well understood. Pegged exchange rates can encourage excessive borrowing and expose countries to financial collapse when foreign exchange reserves run dry. Inadequate disclosures by both private companies and public bodies can lead to similar dangers. Although many factors undoubtedly contributed to these crises, it is now widely recognized that each suffered from a failure in “governance,” and in particular a failure in governance in their financial sectors. Accordingly, the World Bank Group, the International Monetary Fund (IMF), and the Brookings Institution devoted their fourth annual Financial Markets and Development Conference, held in New York from April 17-19, 2002, to the subject of financial sector governance in emerging markets. This conference report summarizes some of the highlights of the conference, whose full proceedings will be published as a Brookings book in the fall of 2002.
- Topic:
- Economics, Emerging Markets, Government, and International Trade and Finance
- Political Geography:
- Russia, New York, Turkey, Asia, and Argentina
37. Earnings Insurance for Germany
- Author:
- Gary Burtless and Holger Schaefer
- Publication Date:
- 07-2002
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- For more than a decade, Germany has suffered high rates of unemployment and very slow employment growth. Workers who have lost their jobs face unusually long spells of unemployment, in part because the adverse incentives of the German unemployment compensation system provide strong impetus for unemployed workers to remain jobless.
- Topic:
- Government and Political Economy
- Political Geography:
- Europe and Latin America
38. Indonesia at the Crossroads
- Author:
- Catharin E Dalpino
- Publication Date:
- 09-2001
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Indonesia's fragile new democracy is threatened by political turmoil, prolonged economic crisis, and a serious upswing in internal violence. The July inauguration of President Megawati Sukarnoputri as president is not a panacea for any of these problems, but it offers Indonesia the opportunity to make crucial mid-course corrections in its move out of authoritarian rule and economic collapse. In this regard, early indications from Jakarta are mixed.
- Topic:
- Democratization, Government, and Human Rights
- Political Geography:
- Indonesia and Southeast Asia
39. The Case Against Tax Cuts
- Author:
- William G. Gale and Alan J. Auerbach
- Publication Date:
- 03-1999
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- Emerging federal budget surpluses have sparked calls for large-scale tax cuts that would be irresponsible and counterproductive. Surpluses over the next ten years are based on optimistic assumptions regarding revenues and spending. Even if they do materialize, the surpluses will exist only because government accounting obscures the growing cost of future liabilities. The government faces a large, long-term deficit, and tax cuts would make this problem worse. The proposed 10-percent income tax rate cut would provide disproportionately large benefits to wealthy households and little to lower income households. It would have little effect on economic growth, but would impose higher burdens on future generations, and would reduce future budget discipline by violating the budget rules. Moreover, for most families, tax burdens are already at their lowest level in twenty years. Saving the surplus, by paying down public debt, would help the economy much more than would tax cuts.
- Topic:
- Government and Political Economy
- Political Geography:
- United States
40. The Changing Shape of Government
- Author:
- Paul C. Light
- Publication Date:
- 02-1999
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- The past six years have witnessed the most significant reshaping of the federal workforce in recent history. On the one hand, government clearly has lost weight. The total number of full-time federal employees has declined, as has the number of federal middle-level managers. On the other hand, government has gotten much taller, at least as measured by the number of layers at the very top of the federal hierarchy. This changing shape means that ordinary Americans will be less likely to contact a federal employee when they call a government 800 number, write an office, or use a service. It also means that the nation's elected and appointed leaders will be further from the front lines, and less likely to know what the public is getting for its tax dollars.
- Topic:
- Government
- Political Geography:
- United States