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2. North American Competitiveness: The San Diego Agenda
- Author:
- Christopher Sands, Duncan Wood, and Laura Dawson
- Publication Date:
- 11-2013
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- The 1994 North American Free Trade Agreement (NAFTA) among Canada, Mexico, and the United States was a bold experiment in economic integration and regional cooperation. To be successful, the initiative demanded political leadership and a commitment to regionalism. It required a vision that extended beyond short-term national interest and it demanded creative thinking about how three large countries could integrate their markets in a meaningful way.
- Topic:
- Economics, International Trade and Finance, and Treaties and Agreements
- Political Geography:
- United States, Canada, North America, and Mexico
3. The Strategic National Stockpile: Vital to Maintain, Critical to Improve
- Author:
- Tevi Troy
- Publication Date:
- 09-2013
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- Since 2000, the United States has been faced with an unprecedented series of natural and man-made disasters and threats that have generated concerns about the government's ability to respond to future emergencies. As Nate Silver, one of America's most prominent prognosticators, observed in his book The Signal and the Noise, “the first twelve years of the new millennium have been rough, with one unpredicted disaster after another.”As bad as the first decade of the twenty-first century was, with the terror attacks of 9/11, the anthrax scare, and deadly hurricanes, there are troubling indications that things are on track to be even worse in the 2010s. Wall Street Journal “Numbers Guy” Carl Bialik recently wrote, referring to events such as Hurricane Sandy and the 2012 derecho, among others, that “the current decade is on pace to outrank the prior three in cost from inflation-adjusted climate catastrophes costing at least $1 billion in 2013 dollars.”And emergencies related to severe weather events are just one of the many types of crisis we could face. To deal with the potential problems of the future, including bioterror attacks as well as natural disasters, the U.S. government needs to maintain a robust toolkit.
- Topic:
- Security, Defense Policy, Disaster Relief, and Natural Disasters
- Political Geography:
- United States and America
4. Open Spectrum: A Major Step for U.S. Innovation and Economic Growth
- Author:
- Harold Furchtgott-Roth
- Publication Date:
- 06-2013
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- This paper proposes that the Federal Communications Commission adopt rules to allow practically all of the electromagnetic spectrum to be allocated flexibly in response to market conditions and to allow licensees to use their spectrum flexibly. This approach is consistent with the direction of FCC decisions to allow greater spectrum flexibility and would be economically far superior to recent FCC proposals for broadcast spectrum auctions. Spectrum flexibility—or “Open Spectrum”—would eliminate the much-lamented wireless broadband “shortage” without delay and would foster greater innovation in American spectrum markets and transactions and in wireless services and products. The econo mic value of Open Spectrum is probably orders of magnitude greater than the projected $15 billion in receipts from the FCC's broadcast spectrum auctions.
- Topic:
- Economics, Science and Technology, and Communications
- Political Geography:
- United States, Japan, and America
5. Institutional Choices for Regulating Oil and Gas Wells
- Author:
- Lee Lane
- Publication Date:
- 02-2013
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- Hydraulic fracturing (HF) is one of the technologies that have enabled large increases both in the current production of natural gas and in estimates of recoverable reserves. However, as new technology has triggered a boom in onshore U.S. gas exploration and production (E), environmental concerns have multiplied. Much of the concern centers on use of HF. As public concern has risen, so have calls for federal regulatory control. The Interior Department has adopted tighter controls on the use of HF on public lands. Also, two former Obama White House aides, Carol Browner and Jody Freeman, have argued for more EPA regulation of all use of HF in oil and gas drilling. To achieve this control, they propose to repeal the partial oil and gas exemption under the Safe Drinking Water Act (SDWA). Bills to this effect, dubbed the FRAC Act, were proposed in the last two Congresses, but they were not adopted.
- Topic:
- Economics, Environment, International Trade and Finance, and Natural Resources
- Political Geography:
- United States and North America
6. Islamist Extremism - Potential for Greater U.S.-Australian Cooperation
- Author:
- Douglas J. Feith
- Publication Date:
- 02-2013
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- Though not the beginning of the war between Islamist extremists and the United States, 9/11 was the moment when most Americans realized that such a war was underway. Understandably, the challenge often is thought of as a problem of terrorism, but it is broader.
- Topic:
- Diplomacy, Terrorism, and War
- Political Geography:
- United States and Australia
7. The Economy Is Slowing, But Perhaps Not For Long
- Author:
- Irwin M. Stelzer
- Publication Date:
- 07-2012
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- Slow, slower, and may be even stop. That's a quick summary of how Federal Reserve Board chairman Ben Bernanke sees the US economy. The economy grew at an annual rate of 2.5% last year, 1.9% in the first quarter of this year, "and available indicators point to a still-smaller gain in the second quarter" he advised congress last week. Household spending is slowing down because "confidence remains relatively low" (at its lowest level since December); numerous factors (a supply overhang, unavailability of credit) "impede growth" in the housing sector; manufacturing production has slowed; business investment has "decelerated"; there is "further weakness ahead" for investment demand; and "reduction in the unemployment rate seems likely to be frustratingly slow."
- Topic:
- Economics, International Trade and Finance, and Financial Crisis
- Political Geography:
- United States
8. Fear Athens Less and Washington More
- Author:
- Irwin M. Stelzer
- Publication Date:
- 05-2012
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- There comes a tide in the affairs of men And the one sweeping from Greece, across Europe and into the United States is washing away support for austerity, in some cases reinforcing opposition to it, largely from the Left. President Obama is delighted at this support for his refusal to cut spending in the face of mounting deficits, and the Republicans are feeling beleaguered at what they see as the disinterment of the body of works of John Maynard Keynes. No longer must the President sit at G8 meetings (in this weekend's case, G7 since Vladimir Putin finds it necessary to stay at home to deal with an unpleasant spate of dissent) and hear only the voice of Germany's iron Chancellor, Angela Merkel, extolling the virtues of thrift, austerity and balanced budgets. Now he has France's new socialist President, François Hollande, to preach the virtues of spending, "the indispensable stimulation of the economy", and, even better, high taxes-- up to 75% on incomes in excess of $1.35 million per year, which makes the team of Buffett and Obama mere pikers at the soak-the-rich game. Secretary of State Hillary Clinton expressed the administration's delight at Hollande's "different political approach Different voices may be louder on growth than they have been It's been our view that there needed to be adjustments to austerity, so that there could be growth, both for economic reasons and for political reasons President Obama and our economic team have been saying for some time that growth had to factor into a European recovery." Take that, Mrs. Merkel and all you Republicans who want to cut entitlement spending and retain the Bush tax cuts that benefit "millionaires and billionaires", Obama shorthand for families earning more than $250,000 per year.
- Topic:
- Economics, International Trade and Finance, Monetary Policy, and Budget
- Political Geography:
- United States, Europe, Washington, Greece, and France
9. Thinking About a Korean Denuclearization Treaty
- Author:
- Christopher Ford
- Publication Date:
- 04-2012
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- Even while officials of the United States and the Democratic People's Republic of Korea (DPRK) reportedly remain engaged in attempting to work out an arrangement pursuant to which the DPRK would return to the long-moribund Six-Party Talks process, there has been no shortage of commentators—including this author—who feel these negotiations are likely to founder on the rocks of Pyongyang's unwillingness, under essentially any conditions, to relinquish its nuclear weapons and associated infrastructure. Nevertheless, the DPRK claims that it remains genuinely interested in negotiations, making it at least theoretically possible that whatever their outcome, some kind of nuclear negotiations may recommence.
- Topic:
- Diplomacy, International Cooperation, Nuclear Weapons, and Treaties and Agreements
- Political Geography:
- United States and Korea
10. How Safe Is the U.S. Safe Haven?
- Author:
- Irwin M. Stelzer
- Publication Date:
- 06-2012
- Content Type:
- Working Paper
- Institution:
- Hudson Institute
- Abstract:
- This version of the glorious sonnet composed by Emma Lazarus in 1883, and later engraved on a bronze plaque installed on the Statue of Liberty, calling the world's huddled masses to our shores, captures what it means these days to be a safe haven. Just as America proved to be such a safe haven for immigrants in the latter 19th and early 20th centuries, it is now seen as a safe haven for wealth attempting to escape Europe's tax collectors and financial chaos and recession in Europe, and for foreign central banks newly enamored of the dollar.
- Topic:
- Economics, International Trade and Finance, Immigration, and Monetary Policy
- Political Geography:
- United States, Europe, and Germany