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Wednesday August 20, 2008

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SPOTLIGHT: Economic Mobility


Reuters/Kevin Lamarque - U.S. President George W. Bush signs H.R. 5140, the Economic Stimulus Act of 2008, Washington, DC

Save to My Portfolio Economic Stimulus Act: Hard to Kill Two Birds with One Stone

Ron Haskins, Summer 2008

The bipartisan economic stimulus package was a straightforward application of Keynesian fiscal policy: Spend your way out of recession. However, some might wonder if it’s possible to design a stimulus package that could also reduce inequality. In this paper, Ron Haskins explains why targeted stimulus may reduce poverty in the short run but cannot substitute for investments that will reduce inequality in the long run. Read More

Economic Mobility, Inequality, Fiscal Policy, U.S. Economic Growth, Welfare

SPOTLIGHT: China and the Beijing Olympics


Reuters/Nao Nakanishi - A plant which will produce oil from coal, known as coal-to-liquid (CTL), nears completion in Erdos, in China's Inner Mongolia region, April 2008.

Save to My Portfolio China’s Energy Policies and Their Environmental Impacts

Erica S. Downs, August 13, 2008

In testimony before the U.S.-China Economic and Security Review Commission, Erica Downs outlined China's energy policymaking reforms and how they are unlikely to substantially improve energy governance.  She also discussed the implications of these changes for the United States.  Read More

China and the Beijing Olympics, Energy, Energy Security, Environment, Environmental Regulation

SPOTLIGHT: China and the Beijing Olympics


Reuters/Aly Song - A man reacts in front of an electronic board at a brokerage house in Shanghai.

Save to My Portfolio The Right Way to Beat Chinese Inflation

Wing Thye Woo, July 02, 2008

The threat of high inflation is plaguing many countries, including China, which must balance its long-term goal of sustained and strong economic growth with policies to tame inflation. Wing Thye Woo offers recommendations on how to balance these competing demands. Read More

China and the Beijing Olympics, BRICs, Trade, China's Economy, Global Economics

Past Event


Reuters/Tony Webster - Rescuers work around the wreckage of a collapsed bridge in Minneapolis August 1, 2007

Save to My Portfolio Investing in America’s Infrastructure

Friday, July 25, 2008
8:45 AM to 12:30 PM
Washington, DC

The state of the nation’s infrastructure is generating rising public attention, prompted by daily travel frustrations, high-profile catastrophes, urgent calls to address climate change and energy security, and concerns about productivity and economic growth. The Hamilton Project released six new policy papers and hosted a public forum on the need for a national strategy that promotes infrastructure as a central component of long-term, broadly shared growth. Read More

Infrastructure, Competitiveness, Telecommunications, Transportation, Traffic

SPOTLIGHT: Fiscal Policy


Reuters/Jason Cohn - Beth Shelly (L), 6, and her sister Mary, 7, attend a political rally on the Penn State campus in McKeesport, Pennsylvania

Save to My Portfolio Revising the Intergenerational Contract

Isabel V. Sawhill and Emily Monea, Summer 2008

Isabel Sawhill and Emily Monea argue that it's time to tear up the intergenerational contract as we know it and construct public policy around the one group of people for whom social investments really pay off: kids. Read More

Fiscal Policy, Intergenerational Equity, Macroeconomics, U.S. Economy

METROPOLITAN POLICY PROGRAM

Save to My PortfolioLow-Income Families and Communities

Alan Berube, August 12, 2008

In a new report, Alan Berube and Elizabeth Kneebone explain that following a dramatic decline in concentrated poverty in the 1990s, the number of low-income workers and families living in high-working-poverty neighborhoods rose by a striking 41% in the first half of this decade. Alan Berube says that help for high working-poverty communities will come from stronger national and regional economic growth—plus targeted efforts to protect neighborhoods of choice and connection.

Concentrated Poverty, Working Poor, Earned Income Tax Credit, U.S. Poverty, Inequality, Income Distribution

JOHN L. THORNTON CHINA CENTER

Save to My PortfolioChina's Economic Muscle

Wing Thye Woo, August 08, 2008

China's Economic MuscleThe 2008 Summer Olympics have begun in China, a country that has enjoyed significant economic growth and become a major global actor. Wing Thye Woo notes that China’s economic muscle, driven by infrastructure and exports, is probably safe from a short-term global recession. But a longer recession could threaten China's ability to modernize its industries.

China and the Beijing Olympics, China's Economy, Trade, BRICs

WOLFENSOHN CENTER FOR DEVELOPMENT

Save to My PortfolioThe Reality of Rising Food Prices: Benefits to the Poor

Homi Kharas, August 06, 2008, Economist.com

The Reality of Rising Food Prices: Benefits to the PoorIn an Oxford-style debate hosted by The Economist, Homi Kharas closes his argument that there is “an upside for humanity in the rise of food prices.” Kharas argues that further research concludes that the current high food prices can lead to an optimistic future for the world’s poor—more food, higher income, and ultimately a decline in poverty. Read More

Global Food Crisis, Global Economics, Global Poverty, Developing Countries, Development

ECONOMIC STUDIES

Save to My PortfolioReforming Medicare: Options, Tradeoffs, and Opportunities

Wednesday, July 30, 2008
10:00 AM to 12:00 PM
Washington, DC

As baby-boomers begin to retire and health care spending continues to outpace income growth, Medicare faces a dire financial future and needs reform. To help guide the debate that will precede this reform, Henry Aaron and Jeanne Lambrew have written Reforming Medicare: Options, Tradeoffs, and Opportunities which outlines three broad approaches to reform. At this event, Aaron, Lambrew and other advocates discussed the three different reform strategies. Read More

Health Care, Medicare, Retirement, Aging

THE HAMILTON PROJECT

Save to My PortfolioThe State of the Nation's Infrastructure

July 25, 2008

The State of the Nation's InfrastructureThe state of the nation’s infrastructure is generating rising public attention, prompted by daily travel frustrations, high-profile catastrophes, urgent calls to address climate change and energy security, and concerns about productivity and economic growth. The Hamilton Project hosted a public forum on the need for a national strategy that promotes infrastructure as a central component of long-term, broadly shared growth.

Infrastructure, Competitiveness, Telecommunications, Transportation, Traffic, Technology, U.S. Economy

OPPORTUNITY 08: INDEPENDENT IDEAS FOR OUR NEXT PRESIDENT

Save to My PortfolioInfrastructure: Time to Compete to Win

Lael Brainard, July 22, 2008, The Brookings Institution

Infrastructure: Time to Compete to WinThe Olympic development boom in China showcases the results of years of rapid growth in China’s economy and mirrors that of many other emerging markets. One of the Olympic lessons for the U.S. should be to reverse its ailing infrastructure trend and begin investing for the long-term to stay competitive, according to Lael Brainard. Read More

Infrastructure, Competitiveness, China and the Beijing Olympics, BRICs, Productivity, Trade, Transportation, U.S. Economic Growth

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Spotlight

ExpertJeffrey A. Bader

Jeffrey Bader worked at the State Department, the National Security Council, and the United States Trade Representative’s office during his 27-year career with the U.S. Government. He is an expert on U.S.-China relations and director of the John L. Thornton China Center.

Research ProjectLatin America Initiative

The Latin America Initiative provides high-quality, in-depth, and independent research across a range of economic and political issues, and offers policy recommendations aimed at U.S. and Latin American policymakers. Read More

ExpertRebecca Blank

Rebecca Blank is an expert on the interaction between the macroeconomy, government anti-poverty programs, and the behavior and well being of low-income families. She has just been named the Robert V. Kerr senior fellow at Brookings.

ExpertRichard C. Bush III

Richard Bush’s two-decade public service career spans Congress, the intelligence community and the U.S. State Department. Director of the Center on Northeast Asian Policy Studies, he currently focuses on China-Taiwan relations, U.S.-China relations, the Korean peninsula and Japan’s security.

Policy CenterCenter for Northeast Asian Policy Studies

CNAPS conducts research, analysis, and outreach designed to enhance policy development and understanding on the pressing political, economic, and security issues facing Northeast Asia.

Policy CenterJohn L. Thornton China Center

The John L. Thornton China Center develops analysis and policy recommendations to help address key long-term challenges, both in terms of U.S.-China relations and China's internal development.

Operational CenterBrookings-Tsinghua Center for Public Policy

The Brookings-Tsinghua Center brings together Chinese and American scholars to sharpen thinking about, research on, and understanding of public policy issues raised by China's emergence.

ExpertMartin Neil Baily

Martin Baily, a former chairman of the Council of Economic Advisers, focuses on issues of globalization, productivity and competitiveness, Social Security reform and U.S. economic policy.

Policy CenterWolfensohn Center for Development

The Wolfensohn Center seeks effective solutions to key development challenges in order to create a more prosperous and stable world with a focus on aid effectiveness, early childhood development and Middle East youth.

ExpertErica S. Downs

Erica Downs focuses on Chinese energy and foreign policies, as well as institutional change and government-business relations in China’s energy sector. She was an energy analyst at the CIA.

ProgramGovernance Studies

Governance Studies explores political institutions of the United States and other democracies to assess how they govern, how their practices compare and how citizens and public servants can advance sound governance.

ExpertCheng Li

A director of the National Committee on U.S.-China Relations, Cheng Li focuses on the transformation of political leaders, generational change and technological development in China.

Policy CenterEngelberg Center for Health Care Reform

The Engelberg Center for Health Care Reform provides practical solutions to achieve high-quality, innovative, affordable health care with particular emphasis on identifying opportunities on the national, state and local levels.

ExpertWarwick J. McKibbin

An international economics expert based in Australia, Warwick McKibbin focuses his research on global climate change; the emergence of China and India into the world economy; and global economic modeling.

ExpertSarah A. Binder

Sarah Binder is an expert on Congress and legislative politics.  Her current projects focus on the politics of federal judicial selection and the consequences of partisan polarization.

ExpertAlice M. Rivlin

Alice Rivlin, the first director of the Congressional Budget Office, is an expert on urban issues as well as fiscal, monetary and social policy. She directs the Greater Washington Research project. 

ExpertWing Thye Woo

Wing Thye Woo, an expert on the East Asian economies, particularly China, Indonesia and Malaysia, has advised the U.S. Treasury Department, the IMF, World Bank and the United Nations.