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Sunday July 5, 2009

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UPCOMING EVENT

Save to My PortfolioThe Budget, the Deficit, the Future

Wednesday, July 08, 2009
9:00 AM to 11:00 AM
Washington, DC

Reuters/Jonathan ErnstOn July 8, the Budgeting for National Priorities Project, the Center on Children and Families, and the Urban-Brookings Tax Policy Center will host a forum on the delicate balancing act between economic recovery and fiscal sustainability, featuring a presentation by Brookings Vice President and Director of Economic Studies William Gale. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioQ&A: Geithner's First Trip to China

Eswar Prasad, May 28, 2009, The Brookings Institution

Q&A: Geithner's First Trip to ChinaU.S. Treasury Secretary Timothy Geithner's first trip to China will feature a range of discussions about global economic issues and the U.S.-China economic relationship. Eswar Prasad outlines some of the critical agenda items and the broader challenges facing these two closely intertwined economies. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioFinancial Globalization and Economic Policies

M. Ayhan Kose, Eswar Prasad, Kenneth Rogoff and Shang-Jin Wei, April 2009, The Brookings Institution

Financial Globalization and Economic PoliciesIn a new working paper, Eswar Prasad and co-authors examine the economic policies that can help developing countries manage the process of financial globalization and recommend a tailored approach to balance the risks and benefits of financial integration. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioAmerica’s Financial Crisis: The End of an Era

Barry P. Bosworth and Aaron Flaaen, April 14, 2009, The Brookings Institution

Barry Bosworth and Aaron Flaaen summarize some research on the origins of the financial crisis and trace the evolution of the credit panic that hit in late 2008, its impact on the real economy, and the extraordinary policy actions that have been taken to mitigate the economic losses. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe G-20 London Summit 2009

March 2009, The Brookings Institution

The G-20 London Summit 2009Leaders of the Group of 20 (G-20) countries met in London on April 2 for their second summit on the global financial crisis. In a new set of articles, Brookings experts addressed the critical issues for policy-makers and offered guidelines for more effective global coordination. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioAssessing the G-20 Stimulus Plans: A Deeper Look

Eswar Prasad and Isaac Sorkin, March 2009, The Brookings Insttiution

Almost all of the G-20 countries have agreed to some type of fiscal stimulus plan to get their economies back on track but how strong are the plans and what measures are included? Eswar Prasad and Isaac Sorkin analyze the G-20 stimulus plans in detail in new research. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioUnderstanding the G-20 Economic Stimulus Plans

Eswar Prasad and Isaac Sorkin, March 2009, The Brookings Institution

G-20 leaders pledged in November 2008 to use fiscal measures to stimulate their economies but how are countries doing on that promise and what are the various stimulus plans made of? Through a new G-20 stimulus tracking map and related analysis, Eswar Prasad and Isaac Sorkin assess the various G-20 stimulus efforts, noting the size, composition and frontloading elements of the plans, among other components. Read More

BOOK

Save to My PortfolioBrookings Papers on Economic Activity: Fall 2008

Douglas W. Elmendorf, Lawrence H. Summers and N. Gregory Mankiw, March 01, 2009

Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Global Financial Crisis: Getting Past the Blame Game

Eswar Prasad, January 28, 2009, VoxEU.org

The Global Financial Crisis: Getting Past the Blame GameWhat is to blame for the global financial crisis? In new commentary, Eswar Prasad dissects the role global macroeconomic imbalances and other drivers might have played in precipitating the crisis and offers solutions for building future global economic stability. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioExpecting the Unexpected: Macroeconomic Volatility and Climate Policy

Warwick J. McKibbin, Adele Morris and Peter J. Wilcoxen, November 2008, The Brookings Institution

Expecting the Unexpected: Macroeconomic Volatility and Climate PolicyThe global financial crisis underscores the importance of developing global climate change policies that can withstand major economic disruptions. In a new working paper, Warwick McKibbin, Adele Morris, and Peter Wilcoxen examine the effects of unexpected economic shocks on three potential climate change policy regimes. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioTop 10 Global Economic Challenges Facing America's 44th President

October 2008, The Brookings Institution

Top 10 Global Economic Challenges Facing America's 44th PresidentAs President-Elect Obama prepares to lead the United States, what are the top global economic challenges facing the new president and his advisors and how should the new administration address them? A new report by Brookings global economic and development experts ranks the top 10 issues and details specific ideas for how to tackle the toughest challenges. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioMeasuring the Cost of Aid Volatility

Homi Kharas, July 2008, The Brookings Institution

Measuring the Cost of Aid VolatilityAid volatility, caused by various reasons including shifts in the donor’s economic and political landscape, can negatively affect development growth. Homi Kharas measures the cost of aid volatility using a financial metric, which if used by policymakers, can create a better system of aid flows and effective development. At times, recipient countries can incur negative income shocks, and Kharas calculates that in recent years about 16 billion USD in development assistance has been lost to aid volatility. Read More

BOOK

Save to My PortfolioBrookings Papers on Economic Activity: Spring 2008

Douglas W. Elmendorf, N. Gregory Mankiw and Lawrence H. Summers, July 01, 2008

The new editorial team will retain BPEA’s focus on empirical research of current issues in macroeconomics and economic policy, emphasizing real-world events and institutions. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioMetroPolicy for a MetroNation

Jennifer Bradley, June 2008, The Brookings Institution

To unleash greater local and national prosperity, U.S. metropolitan leaders need to be better equipped to deal with today’s increasingly dynamic economic, social and environmental realities. This summary outlines a new federal-state-metro partnership that provides metropolitan actors the support, capacity, tools and discretion they need to resolve key challenges; grow in more productive, inclusive, and sustainable ways; and, ultimately, to maximize America’s overall prosperity. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioRevising the Intergenerational Contract

Isabel V. Sawhill and Emily Monea, Summer 2008, Democracy: A Journal of Ideas

Revising the Intergenerational ContractIsabel 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

In Brief

Macroeconomics focuses on the operation of the economy as a whole and major sectors within the economy, with attention to economic growth, unemployment, inflation, investment, consumer spending and international trade. Through this broad focus, economists seek to understand the causes and effects of cyclical and long-term trends and of government's fiscal and monetary policies.

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Budget Deficit Save to My Portfolio The Budget, the Deficit, the Future

July 08, 2009

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TopicEducation

The economic and political well-being of any democracy requires a well-educated citizenry. Brookings’s work has extended beyond the K-12 bookends to include pre-school interventions and issues in higher education. Experts are tackling fundamental issues on the role of education in the national and global economy.

Research 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.

ExpertRobert Puentes

Robert Puentes focuses on the broad array of policies and issues related to metropolitan growth and development. He is an expert on transportation and infrastructure, urban planning, growth management, suburban issues and housing.

TopicHealth Care

Brookings is committed to producing innovative policy solutions to our nation’s most difficult challenges. The country may face no more important domestic policy challenge than the much-needed reform of our health care system. Through an institution-wide effort, Brookings delivers new ideas and offers policy solutions to improve health care both at home and globally.

TopicMigration

Migration is an issue that bridges Brookings’s expertise in domestic and foreign policy. In the United States, reforming immigration policy remains a subject of intense political debate. Globally, the unprecedented movement of people across borders raises issues in both industrialized countries and the developing world.

ProgramMetropolitan Policy Program

Redefining the challenges facing metropolitan America and promoting innovative solutions to help communities grow in more inclusive, competitive and sustainable ways.

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.

ExpertEswar Prasad

Eswar Prasad, who holds the New Century Chair in International Economics, is a senior fellow in Global Economy and Development. He is the Tolani Senior Professor of Trade Policy at Cornell University and was previously head of the Financial Studies Division and the China Division at the IMF.

ExpertSarah A. Binder

Sarah Binder is an expert on Congress and legislative politics.  She is completing a project on the politics of advice and consent, and is at work on the politics of how Congress responds to financial crises.

Policy 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.

Research Project21st Century Defense Initiative

The 21st Century Defense Initiative produces cutting-edge research, analysis, and outreach that address some of the most critical issues facing leaders shaping defense policy in the coming century. The initiative focuses on three core issues: the future of war, the future of U.S. defense needs and priorities, and the future of the U.S. defense system

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.

Research 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.

Policy CenterCenter on the United States and Europe

The Center on the U.S. and Europe is dedicated to the study of Europe and U.S.-Europe relations. It involves American and European experts in an active program of research, analysis, and debate.

ExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is a security studies professor at Georgetown University’s School of Foreign Service.

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.