Publishing Institution: The Brookings Institution / Political Geography: America / Topic: Government

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

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

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

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