Jul 25

Past Event

Investing in America’s Infrastructure: From Bridges to Broadband

Event Materials

Video

Highlights

  • Lawrence H. Summers

    Summers called for another round of stimulus that includes infrastructure investments to boost the economy saying that we’re more in danger of doing too little than doing too much.

  • Robert E. Rubin

    Setting the agenda for the morning, Rubin emphasized that infrastructure should be a central component of broadly shared growth.

  • Governor Tim Kaine

    The Virginia governor focused on infrastructure challenges facing states. Among other issues of importance he emphasized the need to diversify financing from a reliance on the gas tax.

  • Douglas W. Elmendorf

    Elmendorf urged that some revenue from road congestion fees and air traffic control fees be used to offset adverse distributional effects.

    Douglas W. Elmendorf

  • Opening Session

    Virginia Governor Tim Kaine joined former U.S. Treasury secretaries Robert E. Rubin and Lawrence H. Summers in the opening session of the forum.

    Douglas W. Elmendorf

  • Roundtable on Telecommunications Infrastructure

    Experts explored how to make better use of the wireless spectrum and share the benefits of technology broadly during the first roundtable.

    Douglas W. Elmendorf

  • Roundtable on Physical Infrastructure

    In the second roundtable, experts offered proposals for relieving traffic congestion, instituting pay-as-you-drive auto insurance, and creating a reliable air traffic control system.

    Douglas W. Elmendorf

Summary

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.

On Friday, July 25, 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. Virginia Governor Tim Kaine joined former U.S. Treasury secretaries Robert E. Rubin and Lawrence H. Summers in the opening session of the forum. Summers gave remarks on the role of infrastructure investments in stimulating economic growth, particularly in the current difficult economic context. Kaine addressed the infrastructure challenges facing the states with a focus on his experiences in the Commonwealth. The opening session will concluded with an opportunity for audience Q&A.

Hamilton Project Director and Brookings Senior Fellow Douglas W. Elmendorf gave a brief overview of a new strategy paper that emphasizes the role of market mechanisms in using existing infrastructure more efficiently and proposes new ways to facilitate better public decision-making on infrastructure spending. The event also featured two roundtables on different types of infrastructure spending. The first roundtable – on telecommunications infrastructure – explored how to make better use of the wireless spectrum and share the benefits of technology broadly. Two new Hamilton Project discussion papers were released: The Untapped Promise of the Wireless Spectrum by Philip J. Weiser; and Bringing Broadband to Unserved Communities by Jon M. Peha. The second roundtable – on physical infrastructure – focused on specific tools for utilizing our infrastructure more efficiently. Three new proposals featured in the discussion were: America’s Traffic Congestion Problem: Toward a Framework for Nationwide Reform by David Lewis; Pay-As-You-Drive Auto Insurance: A Simple Way to Reduce Driving-Related Harms and Increase Equity by Jason E. Bordoff and Pascal J. Noel; and Creating a Safer and More Reliable Air Traffic Control System by Dorothy Robyn.

Event Multimedia:
Download Audio and Video from the Event »

Policy Papers:
An Economic Strategy for Investing in America's Infrastructure »
by Manasi Deshpande and Douglas Elmendorf

The Untapped Promise of Wireless Spectrum »
by Philip J. Weiser

Bringing Broadband to Unserved Communities »
by John M. Peha

America's Traffic Congestion Problem: Toward a Framework for Nationwide Reform »
by David Lewis

Pay-As-You-Drive Auto Insurance: A Simple Way to Reduce Driving-Related Harms and Increase Equity »
by Jason E. Bordoff and Pascal J. Noel

Air Support: Creating a Safer and More Reliable Air Traffic Control System »
by Dorothy Robyn
 

Event Agenda

  • Opening Session

    • Robert E. Rubin

      Citigroup Inc.

    • Lawrence H. Summers

      Harvard University

    • Special Guest: Governor Tim Kaine

      Commonwealth of Virginia

  • Overview of Strategy Paper

  • Roundtable on Telecommunications Infrastructure

    • Moderator: Glenn Hutchins

      Silver Lake

    • Jon M. Peha

      Carnegie Mellon University

    • Blair Levin

      Stifel Nicolaus

    • Philip J. Weiser

      University of Colorado

  • Roundtable on Physical Infrastructure

    • Moderator: Nancy Cordes

      CBS News

    • Ronald Blackwell

      AFL-CIO

    • David Lewis

      HDR Decision Economics

    • The Hamilton Project, " itemprop="jobTitle" /> Jason E. Bordoff

      Policy Director, The Hamilton Project

    • Dorothy Robyn

      The Brattle Group

Details

July 25, 2008

8:45 AM - 12:30 PM EDT

The Brookings Institution

Falk Auditorium

1775 Massachusetts Ave., NW

Map

For More Information

Brookings Office of Communications

(202) 797-6105