The electricity industry is being challenged on the one hand by restructuring and on the other by the potential of new technologies. Restructuring is proceeding slowly and unevenly, with uncertain national leadership, disputes over the jurisdiction of the Federal Energy Regulatory Commission (FERC), continuing and increasing environmental concerns, and a plethora of state policies and regulations.
Topic:
Energy Policy, Industrial Policy, and Science and Technology
In July 1999, a controversy erupted that focused public attention on the issue of the representation of blacks and other minorities in the media. It began when Kweisi Mfume, president of the National Association for the Advancement of Colored People (NAACP), expressed dismay that only one of the twenty-six new prime time television programs planned by the four major broadcast networks for the upcoming fall season included a black actor in a leading role. Shortly thereafter, representatives of several other minority groups, including Hispanics and Asians, claimed that their members were also underrepresented in network programming. The controversy generated a good deal of discussion about how television programs are developed and cast. Eventually, the NAACP and the four networks reached agreements that identified a variety of steps the networks would take to increase minority participation in network programming.
The explosive growth of the Internet as a medium for political activity is transforming our conceptions of political communication and the methods by which campaigns for public office are conducted. This rapidly evolving technology has already made possible an unprecedented flow of information and new modes of citizen participation in the electoral process. The Internet has provided candidates with a means of communicating directly with voters without the inter-mediation or interpretation of the news media. Candidates now use web sites to offer voters texts of public statements and detailed information on their policy positions, as well as audio and video materials. These sites allow individuals to “customize” information so that they may access materials that are relevant to their particular concerns or interests. Similarly, these sites allow candidates to provide individuals with updated information as it becomes available, facilitating a type of interaction between campaigns and individual voters that was not possible before the advent of digital communications.
A group of about two dozen entrepreneurs, venture capitalists, researchers, and nonprofit community development leaders met on April 7-8, 2000, at the Aspen Institute Wye River Conference Center in Queenstown, Maryland, to discuss “Coming Together: Bridging the Gap between Investors and Minority Internet Entrepreneurs.” The group identified a series of problems that impede minorities' success in raising sufficient capital to launch and maintain entrepreneurial enterprises in the Internet market, and brainstormed creatively about resources, institutions, and processes to improve the situation.
It has become a truism in recent years that technological innovation lies at the core of a robust economy. Once an arcane matter for economists, innovation has moved from the back salons of corporate strategy to the grand ballroom of mainstream culture. Fueled by the World Wide Web and other electronic technologies, unknown entrepreneurs with big ideas have joined with investment bankers, multinational corporations, and Main Street investors on a relentless search for The New New Thing, as the title of Michael Lewis' book on Silicon Valley calls it.
The Fourteenth Annual Aspen Institute Conference on Telecommunications Policy explored the contentious issues of regulatory symmetry and asymmetry in the telecommunications industry. The core question was whether regulatory policy should be harmonized so that all similarly situated providers are treated the same way. Assuming that symmetrical treatment is desirable, exactly how should regulators approach the task?
It's a great honor to be this year's Catto Fellow and to be part of such impressive company. I'm grateful to Henry and Jessica Catto, whose generosity and thoughtful commitment to public dialogue have made this event possible.
New World,New Realities Much has changed in the international telecommunications environment since 1995, when the Aspen Institute convened the first annual Aspen Institute Roundtable on International Telecommunications (AIRIT): The Internet has reached critical mass, with credible forecasts that data communications soon will predominate over voice services for the first time; Internet-mediated telephone service has begun to challenge the traditional toll revenue-sharing arrangements and pricing systems based on voice services; Regional and global market opening trade initiatives have become a reality; Strategic industrial alliances have grown in importance as carriers strive to exploit new market access opportunities; and Deregulation and market liberalization have become more widespread in developed and developing nations alike.
The Case For Middle-Class-Oriented Development International financial architecture works best when it serves social goals that command widespread support and legitimacy. Without neglecting the more conventional goal of allowing the greatest possible global flow of capital with the least risk of financial crisis, the primary goal of international financial reform, for both economic and political reasons, ought to be to promote middle-class-oriented development around the world.
Topic:
Development, Economics, Government, and International Trade and Finance
The time is ripe for a bold new initiative to recast the U.S.-Japan economic partnership for the 21st century. A new Japan is emerging. Foreign investment is on the rise. Tokyo is deregulating and restructuring its economy. A new generation of Japanese entrepreneurs and venture capitalists has arrived on the stage.
Topic:
Economics and Political Economy
Political Geography:
United States, Japan, Israel, East Asia, Asia, and North Africa