Sunday February 12, 2012

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Save to My PortfolioThe Decline in Saving: A Threat to America's Prosperity?

Barry P. Bosworth, February 10, 2012

Longtime Brookings economist and former presidential adviser Barry Bosworth examines why saving rates in the United States have fallen so precipitously over the past quarter century, why the initial consequences were surprisingly benign, and how reduced saving will affect the future well-being of Americans. Read More

PAST EVENT

Save to My PortfolioImproving the Environment for Entrepreneurship

Wednesday, February 01, 2012
8:30 AM to 10:00 AM
Washington, DC

Reuters/Mike SegarInnovation and entrepreneurship are crucial for creating new jobs and building our nation’s long-term prosperity. Research indicates that firms less than five years old have been responsible for all net job creation in the United States over the past 30 years – approximately 40 million jobs. On February 1, Brookings hosted a discussion with Steve Case, AOL co-founder and CEO of Revolution LLC, and Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.), the co-sponsors of the Startup Act on strategies for increasing high-growth entrepreneurship and creating jobs through improving the environment for entrepreneurs to start companies and expand existing businesses. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe State of American Small Business

Martin Neil Baily, February 01, 2012, House Committee on Small Business

A man leans against the pool table beside the barber shop he keeps Testifying before the House Small Business Committee, Martin Baily argued that a range of policies can support small business growth—from expanding credit to streamlining the regulatory process. He urged a focus on balancing the budget over the next ten years, extending the payroll tax cut through 2012, a realistic framework for raising tax revenues, and controlled spending growth. Read More

PAST EVENT

Save to My PortfolioState of the Union 2012: Politics and Policy

Wednesday, January 25, 2012
10:30 AM to 12:30 PM
Washington, DC

Photo by Ralph AlswangPresident Obama’s State of the Union address was delivered last night to a divided Congress against the backdrop of presidential election year politics. On January 25, Brookings hosted a discussion of the president’s speech and how it might impact crucial policy issues facing the nation in this pivotal election year. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioWeb Chat: Analyzing the 2012 State of the Union

Stephen Hess, January 25, 2012, The Brookings Institution

Web Chat: Analyzing the 2012 State of the UnionOn January 25, Stephen Hess answered your questions on the 2012 State of the Union address in a live web chat moderated by POLITICO. Read More

VIDEO

Save to My Portfolio@ Brookings Podcast: Cautious Optimism for State Budgets

Tracy Gordon, January 20, 2012

Tracy Gordon says the private sector is slowly adding jobs, and state revenues are beginning to creep up. However, there is pent-up demand for state services, and policymakers should use the opportunity to create efficiencies.

VIDEO

Save to My PortfolioIs the U.S. Headed for Japanese Style Stagnation?

Barry P. Bosworth, December 12, 2011

With growth stagnant both in Japan and the U.S., it seems clear both countries need to fundamentally restructure their economies, says Barry Bosworth.

RESEARCH AND COMMENTARY

Save to My PortfolioEuro Crisis Kills G-20 Progress

Eswar Prasad, November 07, 2011, The Daily Beast

Euro Crisis Kills G-20 ProgressWhile the November 3-4, 2011 G-20 Summit in Cannes was supposed to produce a specific plan to promote balanced and sustainable economic growth by containing fiscal deficits and boosting domestic demand, Eswar Prasad explains that the continuing euro crisis shifted the focus of the discussion toward short-term risks rather than long-term reforms. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioImproving the Federal Government’s Performance as a Lender

Douglas J. Elliott, October 21, 2011, The Brookings Institution

Improving the Federal Government’s Performance as a LenderIn his new book, Uncle Sam in Pinstripes: Evaluating U.S. Federal Credit Programs, Douglas Elliott looks at the U.S. government’s role as one of the biggest financial institutions in the world. Elliott suggests ten ways to restructure the federal credit programs to put them on a sounder business basis without sacrificing societal benefits. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioCombating African Currency Volatility from the West's Debt Crisis

Anne W. Kamau and Zenia Lewis, September 23, 2011, The Brookings Institution

Combating African Currency Volatility from the West's Debt CrisisAfrica's economic recovery is facing additional challenges arising from the global economic stagnation, including the major depreciation of African currencies and inflation. Anne Kamau and Zenia Lewis examine the currency volatility in African economies and argue that African governments must consider broader policies to smooth economic shocks. Read More

PAST EVENT

Save to My PortfolioA Grand Bargain on Job Creation and Deficit Reduction – Is It Possible?

Friday, September 09, 2011
9:30 AM to 11:00 AM
Washington, DC

unknownOn September 9, the day after President Obama’s jobs speech, Brookings hosted a panel discussion to discuss options for an agreement between Congress and the White House that could increase economic growth while reducing the budget gap. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioJob Creation: An Opportunity for a Bipartisan Breakthrough

Darrell M. West, September 09, 2011, The Brookings Institution

Job Creation:  An Opportunity for a Bipartisan Breakthrough Darrell West outlines the proposals in President Obama's speech on job creation and the federal budget deficit, stating that several should find bipartisan support in Congress and arguing that political leaders must act in order to help the economy and prove that the government is not broken. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioCan Natural Disasters Help Stimulate the Economy?

Martin Neil Baily, September 01, 2011, The International Economy Magazine

Can Natural Disasters Help Stimulate the Economy?Following the East Coast earthquake and Hurricane Irene, some have asked whether such disasters could help stimulate the economy through recovery spending. Martin Baily writes that even if GDP is boosted for a few quarters as a result of recovery, the net effects are negative. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioRole Reversal in Global Finance

Eswar Prasad, August 27, 2011, The Brookings Institution

Role Reversal in Global Finance In a paper for the annual Jackson Hole Economic Policy Symposium, Eswar Prasad discusses global financial integration and the evolving roles of emerging and advanced markets in the global financial crisis. Prasad proposes a mechanism for global liquidity insurance that would force a quicker adjustment of global imbalances. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioFour Actions the Global Community Must Take to Avoid Another Depression

William A. Galston, August 10, 2011, The New Republic

Four Actions the Global Community Must Take to Avoid Another DepressionWhile the world has relied on a shared, if tacit, plan to avert a second Great Depression, William Galston argues that recent events have made it clear that this plan has failed. Galston provides four responses that should be implemented in order to avoid another depression. Read More

In Brief

The $787 billion economic stimulus bill signed by President Obama in February 2009 provides a mix of fiscal spending and tax cuts designed to revive the slumping U.S. economy. The measure contains funding for projects in public works, transportation, education, health care technology, energy and other programs throughout the country. Brookings experts have continued to examine priorities for spending and tax breaks and their impacts on economic recovery.

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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?

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.

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.

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.

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.

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.

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.

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.

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.

Brookings Mobile ApplicationsNEW FEATUREBrookings Mobile Applications

Stay up-to-date with our independent, high-quality research, learn about Brookings events and search our directory of experts all from your BlackBerry, iPad, iPhone or Android device.

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.

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.

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.

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.

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?

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.

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.

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?

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.

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?