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Begin New Search Topic Economics Content Type Policy Brief Publishing Institution The Brookings Institution

21. Preparing for Future "Katrinas"

Author:
Robert E. Litan
Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
While policymakers and leaders continue to debate the rebuilding of Gulf areas devastated by Hurricane Katrina, a much greater loss looms on the horizon. Katrina exposed more than problems with poverty, emergency management, and infrastructure. The storm also illustrated the inability of private insurance markets to handle large-scale losses. “Mega-catastrophes” are catastrophic events, like Katrina, whose costs are so large and unpredictable that private insurers either are unwilling to insure against them, or charge premiums so high that significant numbers of customers do not want or cannot afford the insurance.
Topic:
Development, Economics, Environment, and Politics

22. The Decline of the Underclass

Author:
Paul A. Jargowsky and Isabel V. Sawhill
Publication Date:
01-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Hurricane Katrina reminded the nation of the consequences of entrenched poverty, and Congress now faces complicated policy questions set against the backdrop of class and race. As America confronts these issues in cities and states beyond the Gulf Coast, it is important to realize that the number of poor people living in troubled neighborhoods—often described by journalists as the “underclass”—are actually fewer now than in the 1980s. Yet public policies that encourage education, work, and opportunity are urgently needed to keep that positive trend from reversing.
Topic:
Demographics, Development, Economics, and Government
Political Geography:
America

23. Autism and Hope

Publication Date:
01-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Autism spectrum disorders have become among the most common and severe developmental disabilities facing children—and thus future generations of adults—in the United States today. More than in 200 young children may now be affected by a neurological condition on the spectrum (which includes autism, pervasive development disorder, and Asperger's syndrome or disorder). This fact has become increasingly well reported in recent months.
Topic:
Development, Economics, Health, and Human Welfare
Political Geography:
United States

24. High Cost or High Opportunity Cost? Transportation and Family Economic Success

Author:
Margy Waller
Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Research suggests that having a car is a worthwhile investment in better outcomes for low-income families. Recent reports quantify the additional money required to own and operate personal vehicles, as compared to the lower cost of traveling on public transit. However, this method of accounting fails to consider the fact that poor workers without a car may not be able to search for or accept a better-paying job because public transit doesn't take them there, causing these workers to lose income or benefits as a result. This report outlines opportunity costs experienced by transit-dependent poor households, and concludes that when all costs are considered along with benefits of private vehicles, it makes sense to press for more assistance and policies that reduce car ownership costs for poor workers.
Topic:
Demographics, Development, Economics, and Human Welfare

25. Treatment of Coronary Artery Disease: What Does Rationing Do?

Author:
Henry J. Aaron
Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Providing all beneficial care to those who need it is rapidly becoming unaffordable, even for a nation as rich as the United States. The highly decentralized U.S. payment system is unique in its lack of effective levers for limiting health care spending, and managed care has largely been ineffective. A different solution, considered extreme by many in the United States, is rationing.
Topic:
Economics, Health, and Human Rights
Political Geography:
United States

26. Health Care Rationing: What it Means

Author:
Henry J. Aaron
Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
The United States spends more on health care than any other nation. In 2003, medical spending made up more than 15 percent of U.S. GDP, and if historical trends persist, this share will climb to more than one-third of GDP by 2040. With medical technology advancing at an ever-increasing rate, the potential for spending on procedures not worth their costs is growing. But there are few good ideas for reining in medical costs without hurting patients.
Topic:
Economics, Health, and Human Welfare
Political Geography:
United States

27. Block Grants: Flexibility vs. Stability in Social Services

Author:
Margy Waller
Publication Date:
12-2005
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Since the 1940s, federal officials, commissions, and scholars all have suggested that local governments receive their federal funds in the form of so-called block grants. Supporters say block grant sallow local governments more freedom to design programs, simplify administration of funds, and improve consumer access to social services. The biggest challenge to wholesale support for block grants is simple: How can we ensure accountability for spending and outcomes? Policymakers face a dilemma: keep block grant funding flexible to ensure its success or protect programs from potential cuts that threaten the stability of services. This policy brief reviews the history of federal block grants for social services, the academic literature examining block grant outcomes, and recent federal proposals.
Topic:
Development, Economics, Government, and Human Welfare

28. Moving Toward Smarter Aid

Publication Date:
08-2005
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
The Millennium Challenge Corporation (MCC) is seriously wounded. Unveiled by President Bush in March 2002 as a promising new bilateral aid instrument for tackling global poverty, the most prominent sign of the MCC's distress was the mid-summer resignation of Paul Applegarth, its first CEO. More disturbing are the cuts imposed by the Congressional committees marking up next year's budget. The MCC's original concept was to award $5 billion annually to low-income countries based on objective criteria measuring their performance in ruling justly, investing in people, and promoting economic freedom. Appropriations for the MCC in its third year of funding, however, appear to be stuck below $2 billion. Criticism of the MCC for getting off to a slow start misses the point. Creating a new agency takes time and the original concept remains valid. To enable the MCC to live up to its potential, its newly nominated CEO will have to sell the MCC vision to a skeptical Congress and gain the flexibility required to avoid drifting toward "more of the same."
Topic:
International Relations, Debt, Economics, and Poverty

29. The Well-Being of Single-Mother Families After Welfare Reform

Author:
Bruce D. Meyer and James X. Sullivan
Publication Date:
08-2005
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Trends in income and consumption tell very different stories about the well-being of single mothers and their children in recent years. On the one hand, data suggest that income fell noticeably for single mothers well below the poverty line, while income grew significantly for single mothers with higher incomes. On the other hand, data on how much these two groups of mothers and children consumed suggest that the material circumstances of both groups improved during the 1990s. We argue that the consumption data better reflect well-being for several reasons. First, consumption is probably measured with less error than income for poor families, and is more strongly associated with other measures of well-being such as health and housing conditions. Second, there is overwhelming evidence that income is underreported by these mothers and that the underreporting, especially of income from welfare and other transfer programs, has increased in recent years.
Topic:
Demographics, Economics, Government, and Human Welfare

30. Insuring America's Workers in a New Era of Offshoring

Author:
Robert E. Litan, Nicholas Warren, and Lael Brainard
Publication Date:
07-2005
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
With a new wave of white-collar offshoring coming fast on the heels of accelerated job losses in manufacturing, an ever-broader pool of American workers is finding that the nation's safety net has more holes than netting. The nation can and must do more to help insure the livelihoods of American workers in the face of structural shifts of whatever form, while preserving the benefits of an open and innovative economy. With technological change and offshoring accelerating job turnover and the pace at which workers' job-specific skills lose value, the time has come for the federal government to strengthen the existing safety net.
Topic:
Economics, Government, and Human Welfare
Political Geography:
United States and America