Saturday February 11, 2012

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SPOTLIGHT: Inequality


Reuters/Lucy Nicholson - A man leans against the wall of City Hall at the Occupy LA encampment, November 28, 2011.

Save to My Portfolio Assessing Income Inequality, Mobility and Opportunity

Scott Winship, February 09, 2012

Testifying before the Senate Budget Committee, Scott Winship discusses inequality, economic mobility and opportunity in America. Winship clarifies statistics regarding the state of the poor and middle class and notes that policies to promote opportunity and upward mobility can take many forms, including investments in education, reforms to school governance, safety net programs, work, marriage, and savings. Read More

Inequality, Economic Mobility, Opportunity and Well-being, U.S. Poverty, U.S. Economy

SPOTLIGHT: China


Reuters / Christina Hu - A customer holds Renminbi banknotes at an ATM in a bank in Beijing.

Save to My Portfolio The Role of the Renminbi in the Global Monetary System

Eswar Prasad and Lei (Sandy) Ye, February 2012

Eswar Prasad and Lei Ye examine the role of China's renminbi currency in the global monetary system as it relates to internationalization, capital account convertibility and reserve currency. Prasad and Ye argue that the renminbi will play an increasingly significant role in global trade and finance. Read More

China, China's Currency, China's Economy, Monetary Policy, Macroeconomics

RESEARCH AND COMMENTARY

Save to My PortfolioHow We’re Doing amidst Policy Gridlock

Karen Dynan, Ted Gayer and Darrell M. West, February 12, 2012, The Brookings Institution and The Washington Post

Ben BernankeIn the 11th "How We're Doing Index," Karen Dynan, Ted Gayer and Darrell West use data from the past five quarters to chart recent economic improvements and discuss the likelihood of policy responses ahead of the election. Due to the current political gridlock in Washington, they argue, non-political actors—particularly the Federal Reserve—will be the primary sources of changes in economic policy. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioLow U.S. Saving Rate Coming Home to Roost

Barry P. Bosworth, February 09, 2012

For decades, the low rate of saving has had surprisingly benign effects on both American consumers and the U.S. government, but that all may be in the process of changing, and quickly, according to Barry Bosworth.

RESEARCH AND COMMENTARY

Save to My PortfolioNevada Gets a Plan For a Better Economy

Mark Muro, February 09, 2012, The Avenue, The New Republic

Nevada Gets a Plan For a Better EconomyNevada’s new plan for economic development adds to a growing number of “bottom-up” development strategies among states at a time of legislative paralysis in Washington. Mark Muro comments on Nevada’s shift toward creating a new economic model. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioAssessing Income Inequality, Mobility and Opportunity

Scott Winship, February 09, 2012, Senate Budget Committee

A man leans against the wall of City Hall at the Occupy LA encampment Testifying before the Senate Budget Committee, Scott Winship discusses inequality, economic mobility and opportunity in America. Winship clarifies statistics regarding the state of the poor and middle class and notes that policies to promote opportunity and upward mobility can take many forms, including investments in education, reforms to school governance, safety net programs, work, marriage, and savings. Read More

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John L. Thornton China CenterPolicy 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.

Vanda Felbab-BrownExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is the author of Shooting Up: Counterinsurgency and the War on Drugs (Brookings Institution Press, 2009).

Alice M. RivlinExpertAlice M. Rivlin

In February 1975, the Congressional Budget Office was established with Alice Rivlin as its first director. Rivlin is an expert on urban issues as well as fiscal, monetary and social policy and directs the Greater Washington Research project at Brookings.

William G. GaleExpertWilliam G. Gale

Bill Gale, the Arjay and Frances Miller Chair in Federal Economic Policy in the Economic Studies Program at Brookings, is an expert on tax policy, fiscal issues, pensions, and saving behavior. He is also co-director of the Tax Policy Center and director of the Retirement Security Project.

Budgeting for National PrioritiesResearch ProjectBudgeting for National Priorities

The Budgeting for National Priorities project promotes greater fiscal responsibility by developing new ideas, educating the public and finding common ground among experts and policy-makers.

State of Metropolitan AmericaMetropolitan Policy ProgramState of Metropolitan America

Foreshadowing 2010 Census results, this new Brookings report and interactive map defines who Americans are—and who they are becoming—in the face of continued growth, population aging and diversification, uneven educational attainment and income polarization.

Darrell M. WestExpertDarrell M. West

Darrell M. West is vice president and director of Governance Studies and founding director of the Center for Technology Innovation at Brookings. His studies include technology policy, electronic government, and mass media.

Energy and ClimateTopicEnergy and Climate

What will it take to mitigate severe climate disruption? What should our priorities be in the relationship between fresh water and climate change? What will it take to help vulnerable countries and regions adapt to change already taking place?

Isabel V. SawhillExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families and the Budgeting for National Priorities Project at Brookings.

Global ChangeTopicGlobal Change

How do we develop more realistic approaches and more effective means of ending intractable old conflicts and preventing new ones? How do we enhance measures to thwart nonstate actors—especially terrorists and illicit traffickers—and prevent the spread of nuclear weapons?

Growth through InnovationTopicGrowth through Innovation

What new practices and mechanisms will help prevent another economic downturn from turning into a financial panic that could become a truly global meltdown? What changes in the public and private sectors will build the workforce and infrastructure required for a global information-based economy?

Suzanne MaloneyExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.

Opportunity and Well-beingTopicOpportunity and Well-being

As they weather the current economic storm, will our governments and societies address the basic needs and aspirations of the least well-off? How can we better use education to raise individual aspirations? How should governments around the world accelerate preparations to provide social services for the billions moving from poverty into the middle class?

Center for Technology InnovationPolicy CenterCenter for Technology Innovation

The Center for Technology Innovation is at the forefront of shaping public debate on technology innovation and developing data-driven scholarship to enhance understanding of technology’s legal, economic, social, and governance ramifications.

Katherine SierraExpertKatherine Sierra

Katherine Sierra is a senior fellow in the Global Economy and Development program. A former vice president for sustainable development at the World Bank, she focuses on climate change and energy.

Robert KaganExpertRobert Kagan

Robert Kagan is an expert and frequent commentator on Egypt, the Middle East, U.S. national security, and U.S.-European relations. He writes a monthly column on world affairs for the Washington Post and is a contributing editor at the Weekly Standard and the New Republic.

Center on Children and FamiliesPolicy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.

Daniel KaufmannExpertDaniel Kaufmann

Daniel Kaufmann was previously the director at the World Bank Institute, leading the work on governance and anti-corruption. His areas of expertise are public sector and regulatory reform, development, governance and anti-corruption.

Mwangi S. KimenyiExpertMwangi S. Kimenyi

Mwangi S. Kimenyi is senior fellow and director of the Africa Growth Initiative. The founding executive director of the Kenya Institute for Public Policy Research and Analysis (1999-2005), he focuses on Africa's development including institutions for economic growth, political economy, and private sector development.

Africa Growth InitiativeResearch ProjectAfrica Growth Initiative

The Africa Growth Initiative conducts high-quality policy research and analysis focused on attaining sustainable economic development and prosperity in Africa, while amplifying the voice of African researchers in policy-making and planning.

Donald KohnExpertDonald Kohn

Donald Kohn is a 40-year veteran of the Federal Reserve System and served as vice chairman of the Board of Governors of the Federal Reserve from 2006 to 2010. He was recently appointed by the government of the United Kingdom and the Bank of England to serve on its interim Financial Policy Committee. Kohn focuses on issues of monetary policy, financial regulation and macroeconomics.

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Shadi HamidExpertShadi Hamid

Shadi Hamid focuses on Islamist political parties and democratic reform in the Middle East. Prior to joining Brookings, he was Director of Research at the Project on Middle East Democracy (POMED) and a Hewlett Fellow at Stanford University’s Center on Democracy, Development, and the Rule of Law.