New Brookings Papers on Economic Activity research; mobile money driving inclusion in developing countries; cybersecurity and trade; Trans-Pacific Partnership and climate change; new Census data on persistent poverty; California schools’ new testing proposal.
New research findings at the Fall 2013 BPEA conference by leading academic and government economists include: the effects of expanding preschool enrollment, the current lull in U.S. health care spending, offshoring and the declining U.S. labor share, “jobless recoveries” and the persistence of unemployment, improvements in economic forecasting and Latvia’s economic response to the global financial crisis.
By John Villasenor
In much of the developing world, mobile phones far outnumber bank accounts. This imbalance has led to the growth of an increasingly complex “mobile money” ecosystem allowing funds to be transferred among mobile phone users.
by Allan Friedman
Information technology has often been seen as a huge success story in global trade, but its rapid diffusion has introduced new risks. Modern economies, developed and developing, are increasingly reliant on their IT-supported infrastructure for almost every aspect of daily life. Yet this infrastructure is less than perfectly secure, and the rapidly evolving threat landscape exposes the dependent societies to dramatic risks due to security failure.
by Joshua Meltzer
In a chapter in the upcoming book, Joshua Meltzer discusses the challenges and opportunities of the trade and environment relationship.
by Elizabeth Kneebone and Jane Williams
The release of the 2012 American Community Survey census data on poverty and income underscores the effects of a sluggish recovery that has played out unevenly across the nation’s major metropolitan economies and, even amid improving employment numbers, has left millions of Americans behind.
by Thomas Kane
California recently announced that it plans to abandon statewide testing in favor of field tests of the Smarter Balanced Assessment—without reporting results. Kane proposes alternative solutions for California and other states eager to accelerate the transition to the Common Core State Standards.
[The resignation of assistant secretary of state for European and Eurasian affairs Wess Mitchell] is surprising news, which seems to have caught everyone off guard. He doesn’t appear to have shared this news with his ambassadors, who were in Washington last week for a global chiefs of mission conference. His deputy is also slated to retire soon, which raises question of near term leadership on European policy at a time of challenges there.