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2. Preventing the Tragedy of the CO2 Commons: Exploring China's Growth and the International Climate Framework
- Author:
- Peter J. Wilcoxen, Warwick J. McKibbin, and Wing Thye Woo
- Publication Date:
- 07-2008
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Under reasonable assumptions, China could achieve parity in living standard with Western Europe by 2100, and India by 2150. Climate change, however, may be a key obstacle preventing such a convergence. The business-as-usual (BAU) growth path of the world economy might increase concentrations of atmospheric greenhouse gases to unsafe levels and cause significant negative environmental feedback before China achieves parity in living standards with the OECD countries. We use a dynamic multi-country general equilibrium model (the G-Cubed Model) to project a realistic BAU trajectory of carbon dioxide (CO2) emissions, and we find it to be even above the CO2 emissions from the high-growth scenario estimated by the Energy Information Agency in 2007. This outcome is a reminder that it has been usual so far to underestimate the growth in China energy consumption.
- Topic:
- Climate Change, Environment, and Markets
- Political Geography:
- China, Europe, India, and Asia
3. The Experience with Regional Economic Cooperation Organizations: Lessons for Central Asia
- Author:
- Johannes F. Linn and Oksana Pidufala
- Publication Date:
- 10-2008
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Since the collapse of the Soviet Union, Central Asia has witnessed repeated efforts to strengthen regional integration through cooperation with the establishment of a number of regional organizations with Central Asian participation. In this paper, we review the experience with regional cooperation initiatives and organizations in Central Asia and the rest of the world. Using a typology of regional organizations that we have developed for this paper, we review the functions and performance of selected regional organizations and compile evidence more generally on the experience with regional cooperation around the globe. Based on this we draw some lessons to help Central Asian countries, their partners and their regional organizations respond effectively to the opportunities and challenges of regional cooperation and integration. Central Asian countries need to realize that effective cooperation is not easy. It takes time and requires a flexible, constructive approach of all major partners. It also requires effective leadership by key countries, institutions and individuals and a careful selectivity for membership and for the mandate of the organization. Where multiple regional organizations overlap in membership and mandate, it is essential to address the risk of costly duplication. The paper concludes with an assessment of the specific implications for the Central Asia Regional Economic Cooperation Program.
- Topic:
- Development and Regional Cooperation
- Political Geography:
- Central Asia, Asia, and Soviet Union
4. CURRENT RUSSIA – NORTH KOREA RELATIONS: CHALLENGES AND ACHIEVEMENTS
- Author:
- Alexander Vorontsov
- Publication Date:
- 02-2007
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Policy toward North Korea is an important component of Russia's general strategy toward the Asia-Pacific region, which is now regarded by Moscow as a crucially import ant area. This growing emphasis on Asia is evidenced by President Vladimir Putin's increased participation in APEC summits including the November 2005 meeting in Pusan, South Korea, and Russia's development of a dialogue partnership with the Association of Southeast Asian Nations (ASEAN). During the first Russia-ASEAN summit, held in Malaysia just before the East Asian Summit in December 2005, President Putin gave a speech to the participants of the nascent East Asian Community (EAC), a new multidimensional integration association in the region.
- Topic:
- International Relations and Foreign Policy
- Political Geography:
- Russia, Europe, Malaysia, East Asia, Asia, South Korea, North Korea, and Asia-Pacific
5. Saving and Demographic Change: The Global Dimension
- Author:
- Barry Bosworth and Gabriel Chodorow-Reich
- Publication Date:
- 11-2006
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- This paper uses a panel data set of 85 countries covering 1960-2005 to investigate the macroeconomic linkages between national rates of saving and investment and population aging. The issue takes on added significance because of the recent suggestion that the decline in global interest rates has been driven by demographic changes in the industrial economies. We do find a significant correlation between the age composition of the population and nations' rates of saving and investment, but the effects vary substantially by region. They are very strong for the non-industrial economies of Asia, but weak in the high-income countries. We also find evidence demographic effects on both the public and private components of national saving. Furthermore, we conclude that the demographic effects on saving will be less disruptive than sometimes believed because of offsetting declines in investment. However, the effects on saving are stronger than those for investment, implying that most aging economies will ultimately be pushed in the direction of current account deficits.
- Topic:
- International Relations, Demographics, and Economics
- Political Geography:
- Asia
6. Brookings Foreign Policy Studies Energy Security Series: China
- Author:
- Erica Downs
- Publication Date:
- 12-2006
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- China's blistering economic growth has made access to adequate energy supplies an increasingly important priority. It is the world's second largest consumer and third largest producer of primary energy. From 2000 to 2005, China's energy consumption rose by 60 percent, accounting for almost half of the growth in world energy consumption. The country is able to meet more than 90 percent of its energy needs with domestic supplies — largely because of abundant coal reserves and a coal-based economy. However, it imports almost half of the oil it consumes.
- Topic:
- Security, Foreign Policy, and Energy Policy
- Political Geography:
- China and Asia
7. Brookings Foreign Policy Studies Energy Security Series: Japan
- Author:
- Peter C. Evans
- Publication Date:
- 12-2006
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- For decades, Japan dominated Asia's energy picture. At the time of the first oil shock in 1973, it held a 60 percent share of Asia's oil demand. During the 1980s, Japan looked to China for oil and coal as part of its energy import diversification strategy. Today, Japan remains an important energy market but its position in Asia's energy supply and demand balance is rapidly changing. In the wake of surging regional demand, Japan's share of oil consumption is likely to fall below 15 percent of total Asian consumption by 2020. Demand for its major fuel needs — including oil, gas, coal, and uranium — is expected to remain relatively flat or increase only marginally. Meanwhile, the rest of Asia's requirement for these fuels is projected to grow dramatically, leaving Japan to confront a future in which it will be a smaller energy player facing a more crowded field of competitors for these energy supplies.
- Topic:
- Security, Foreign Policy, and Energy Policy
- Political Geography:
- Japan, China, and Asia
8. Brookings Foreign Policy Studies Energy Security Series: India
- Author:
- Tanvi Madan
- Publication Date:
- 11-2006
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Growth demands energy. It is no wonder that India — with an economy expected to grow at over 5 percent a year for the next twenty-five years — has developed a ravenous appetite for energy. India is the world's fifth largest consumer of energy, and by 2030 it is expected to become the third largest, overtaking Japan and Russia.
- Topic:
- Security, Development, and Energy Policy
- Political Geography:
- Russia, Japan, India, and Asia
9. Diversity Spreads Out: Metropolitan Shifts in Hispanic, Asian, and Black Populations Since 2000
- Author:
- William H. Frey
- Publication Date:
- 03-2006
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- The idea of America as an ethnic “melting pot” gained currency at the turn of the 20th century, amid an unprecedented wave of European immigrants to the United States. At the turn of the 21st century, the melting pot ideal persists, but encompasses a more racially and ethnically diverse group of Americans, both native and foreign born. In particular, the higher growth rates of the nation's minority populations versus its white population animate this distinctly American concept.
- Topic:
- Civil Society, Demographics, Development, and Migration
- Political Geography:
- New York, Asia, California, Chicago, and Phoenix
10. Who Lives Downtown
- Author:
- Eugenie L. Birch
- Publication Date:
- 11-2005
- Content Type:
- Working Paper
- Institution:
- The Brookings Institution
- Abstract:
- Over the past few decades, public and private officials have tried to re-invent their downtowns with a variety of tactics. One of the most popular—and arguably most successful—strategies of recent years has been downtown residential development. In this effort, creating a vibrant, “24-hour” downtown has become the mantra for injecting life into struggling main streets and business districts.
- Topic:
- Civil Society, Demographics, Economics, and Human Welfare
- Political Geography:
- New York, Asia, Los Angeles, and Chicago
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