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Begin New Search Topic Development Content Type Policy Brief

751. Economic Survey of Spain, 2007

Publication Date:
01-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Spain's economy has managed a remarkable performance in terms of growth, employment and public finances over more than a decade. A combination of expansionary monetary conditions, fiscal prudence, beneficial structural reforms and the positive supply-side effects of the strong rise in immigration has contributed to these outcomes. But these favourable developments are tempered by deterioration in several areas: the still high inflation differential has harmed competitiveness, and the resulting low real interest rates entail excessive domestic demand, which has been supported, jointly with employment growth and immigration, by ongoing rapid increases in household indebtedness and house prices. Despite some improvement, growth has therefore remained unbalanced as manifest in the large external deficit. Looking ahead, productivity gains are still modest, risking a substantial weakening in output and per capita income growth in the coming years.
Topic:
Development, Economics, and Migration
Political Geography:
Europe and Spain

752. Competition and Barriers to Entry

Publication Date:
01-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Before a firm can compete in a market, it has to be able to enter it. Many markets have at least some impediments that make it more difficult for a firm to enter a market. A debate over how to define the term “barriers to entry” began decades ago, however, and it has yet to be won. Some scholars have argued, for example, that an obstacle is not an entry barrier if incumbent firms faced it when they entered the market. Others contend that an entry barrier is anything that hinders entry and has the effect of reducing or limiting competition. A number of other definitions have been proposed, but none of them has emerged as a clear favourite. Because the debate remains unsettled but the various definitions continue to be used as analytical tools, the possibility of confusion – and therefore of flawed competition policy – has lingered for many years.
Topic:
Development, Economics, International Trade and Finance, and Markets

753. Economic Survey of the Euro Area, 2007

Publication Date:
01-2007
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
After several false starts, the economic recovery has taken hold. Activity was strong in 2006, firms and households are more confident about the future, business investment has picked up and unemployment has fallen below 8% for the first time since 2001. There are encouraging signs that the recovery is broadening to embrace household consumption as well. If in addition structural reforms continue, the expansion will become durable and self-sustaining, a prospect also supported by sound corporate and household balance sheets and favourable financing conditions. All this is good news, though it should be kept in perspective. Growth of around 2¼ per cent per annum projected for 2007 and 2008 is still modest by OECD standards, although the growth gap is smaller when measured on a per capita basis. Still, it could take until 2008 for cyclical slack to be fully absorbed.
Topic:
Development, Economics, and Markets
Political Geography:
Europe

754. The Russian Federation

Author:
Fiona Hill, Clifford G. Gaddy, Dmitry Ivanov, and Igor Danchenko
Publication Date:
10-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Energy is at the heart of Russia's remarkable change of fortune over the past seven years. Emerging from a state of virtual bankruptcy in August 1998, the country now enjoys large surpluses, has inverted its debt burden with the outside world, and has racked up successive years of economic growth and low inflation. This dramatic turnaround is directly related to Russia's status as the world's largest producer of oil and natural gas—the country has benefited tremendously from soaring prices on the world market.
Topic:
Development, Emerging Markets, and Energy Policy
Political Geography:
Russia, Europe, and Asia

755. The Vital Center: A Federal-State Compact to Renew the Great Lakes Region

Author:
Britany Affolter-Caine and Justin Austin
Publication Date:
10-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
The Great Lakes region of the United States is a unique economic, social, and cultural area made up of all or part of 12 states, including the western portions of New York, Pennsylvania, and West Virginia; northern Kentucky; all of Ohio, Indiana, Michigan, Illinois, and Wisconsin; and eastern Minnesota, Iowa, and Missouri. Home to 97 million people, this region is defined by a shared geography and natural resources, a dynamic political and economic history, and strong principles of social organization that together have shaped its growth and development. One of the largest industrial production centers and consumer marketplaces in the world, this highly urbanized “mega-region” is a vital global hub of economic activity and growth.
Topic:
Development, Economics, and Industrial Policy
Political Geography:
United States, New York, North America, Pennsylvania, Ohio, Wisconsin, Illinois, Indiana, Michigan, West Virginia, North Kentucky, East Minnesota, Iowa, and Missouri

756. Finding Exurbia: America's Fast-Growing Communities at the Metropolitan Fringe

Author:
William H. Frey, Alan Berube, Audrey Singer, and Jill H. Wilson
Publication Date:
10-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Beyond the suburbs, at the far edges of metropolitan areas, communities both new and old are developing the capacity to house large flows of incoming residents.
Topic:
Demographics, Development, and Economics
Political Geography:
United States

757. Katrina Index: October Findings

Author:
Amy Liu, Matt Fellowes, and Mia Mabanta
Publication Date:
10-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
In the last month, Louisiana's voters participated in a dramatic election, which resulted in the retention of many incumbent members of Congress from southern Louisiana and the transfer of power to Democrats in the U.S. House and Senate. The buzz now is whether a Democratically-controlled Congress will serve as a better ally to the people of New Orleans and southern Louisiana in addressing the continued short- and long-term recovery needs of the region.
Topic:
Development, Disaster Relief, Environment, and Human Welfare
Political Geography:
United States and Louisiana

758. The Economic Potential of American Cities

Author:
Bruce Katz
Publication Date:
10-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
The relationship between the federal government and American cities is intricate and complex. Majoy federal policies on tax, trade, transportation, and immigration have a substantial influence on the health and vitality of city economies and the shape of metropolitan growth and development. Other federal policies on education, job training, wages, financial services, health care, and housing help shape the life opportunities of urban residents, particularly those who earn low or moderate incomes. Each of these policies influences and is influenced by the nation's changing demographic and economic reality, which in turn has significant implications for cities.
Topic:
Demographics, Development, and Economics
Political Geography:
United States

759. Enhancing Development through Better Use of Public Resources: How Independent Watchdog Groups Can Help

Author:
David de Ferranti, Anthony J. Ody, Nick Warren, Justin Jacinto, and Charles Griffin
Publication Date:
09-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
The struggle against global poverty may be about to get an important boost from an unexpected quarter. All too often, wellintentioned development programs have been undermined in the past by inefficiency, wrongheaded priorities, and outright graft. It is crucial to enhance the effectiveness of developing countries' public spending on social goals. The public sector, however, cannot, in general, be relied upon to reform itself in isolation. The pressure of informed domestic public opinion is a crucial stimulus.
Topic:
Development, Economics, Globalization, and Poverty

760. Reforming Tax Incentives into Uniform Refundable Tax Credits

Author:
Lily L. Batchelder, Jr. Fred T. Goldberg, and Peter R. Orszag
Publication Date:
08-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
The federal tax code provides about $500 billion each year in incentives intended to encourage socially-valued activities, including homeownership, charitable contributions, health insurance, and education. The vast majority of these incentives operate through deductions or other approaches that link the size of the tax break to a household's marginal tax bracket, which means that higher-income taxpayers receive larger incentives than lower-income taxpayers. Such an approach is often appropriate for provisions, such as deductions for business expenses, designed to measure income or ability to pay. But such an approach for incentives intended to promote socially-valued activities excludes more than a third of America, and misses an important opportunity to increase efficiency and economic growth.
Topic:
Civil Society, Development, and Economics
Political Geography:
United States