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6012. Art, Technology and Intellectual Property
- Publication Date:
- 02-2002
- Content Type:
- Working Paper
- Institution:
- American Assembly at Columbia University
- Abstract:
- At the close of their discussions, the participants in the 100th American Assembly on "Art, Technology, and Intellectual Property," at Arden House, Harriman, New York, February 7-10, 2002, reviewed as a group the following statement. While the statement represents general agreement, no one was asked to sign it. Furthermore, it should be understood that not everyone agreed with all of it, and some vigorously disagreed with some of it.
- Topic:
- Economics, Education, and Science and Technology
- Political Geography:
- United States, New York, and America
6013. Political Office, Kinship, and Household Wealth in Rural China
- Author:
- Andrew G. Walder and Litao Zhao
- Publication Date:
- 12-2002
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- For more than two decades after the demise of Maoist collectivism, a resurgent market economy has deeply transformed the social structure of rural China. By the mid-1980s, peasant households had already returned to historical marketing patterns of agricultural produce and other sidelines and services. By the turn of the century, almost 140 million individuals, or 30 percent of the rural labor force, earned regular incomes from wage labor outside agriculture. Twenty million rural households had registered individual family enterprises, and two million of them had already grown into substantial private firms. A massive rural industrial sector grew up under public ownership in the 1980s, employing more than 80 million at its height. It was then extensively privatized in the 1990s, and is now less than half its former size. While these developments have been widely noted in studies of rural industrialization and income inequality, it is still far from clear how they have altered the structure and wealth of village political and economic elites.
- Topic:
- Communism, Economics, and Politics
- Political Geography:
- China and Asia
6014. The Growth of Broadband Internet Connections in South Korea: Contributing Factors
- Author:
- Kyounglim Yun, Heejin Lee, and So-Hye Lim
- Publication Date:
- 09-2002
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- In recent years, Korea has seen a remarkable diffusion in broadband Internet connections. This paper explores the actions and factors contributing to this diffusion from three viewpoints: public sector, private sector, and social. We suggest that the matching of demand and supply is the most important factor in the fast diffusion of broadband in Korea. In particular, fierce infrastructure competition has led to quality services at a low fixed price. We also consider two challenges that lie ahead: take-up of retail e-commerce applications, and the need to bridge the digital divide.
- Topic:
- Economics, International Trade and Finance, and Science and Technology
- Political Geography:
- Asia, South Korea, and Korea
6015. Privatization and Elite Mobility: Rural China, 1979-1996
- Author:
- Andrew G. Walder
- Publication Date:
- 07-2002
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- The ideal types that motivate research on transitional economies have led to a neglect of the varied mechanisms that generate social change. One example is the implicit treatment of privatization as a single process whose initial impact will become more pronounced through time. Privatization in fact occurs via distinct mechanisms that have different consequences across types of assets and through time, as shown in an analysis of career trajectories over two decades in rural China. During the first decade, when privatization proceeded via the rapid expansion of household enterprise, ordinary individuals with nonagricultural work experience were the most likely to become private entrepreneurs. Village officials, their relatives, and public enterprise managers did not enter the private sector at rates higher than others. However, during the second decade the privatization of public enterprises began to transfer collective assets to individual ownership. During this period, public enterprise managers and the relatives of cadres emerged as the most likely to become private entrepreneurs. Private entrepreneurs, however, have yet to move into cadre posts, and cadres have yet to move into private entrepreneurship, at rates higher than others. Administrative elites have therefore proven resilient in the face of private-sector expansion, and the benefits of privatization have gradually shifted in their favor.
- Topic:
- Communism and Economics
- Political Geography:
- China and Asia
6016. Foreign Penetration of Japan's Investment-Banking Market: Will Japan Experience the "Wimbledon Effect"?
- Author:
- Nicole Pole
- Publication Date:
- 07-2002
- Content Type:
- Working Paper
- Institution:
- Walter H. Shorenstein Asia-Pacific Research Center
- Abstract:
- Foreign banks have long faced difficulties in attempting to enter certain Japanese financial markets. This is due partly to regulatory practices and partly to specific Japanese socioeconomic conditions, for instance the system of relationship banking. While retail banking is still a sector in which almost no foreigners have been able to succeed, some foreign financial institutions have been able to gain market share in investment and wholesale banking.
- Topic:
- Economics and International Trade and Finance
- Political Geography:
- Japan, Israel, East Asia, and Asia
6017. U.S. Policy in the Andean Region
- Author:
- Michael Shifter
- Publication Date:
- 11-2002
- Content Type:
- Working Paper
- Institution:
- Aspen Institute
- Abstract:
- Even within Latin America's generally gloomy economic and political outlook, the countries of the Andean region—Colombia, Venezuela, Peru, Ecuador and Bolivia—stand out as especially problematic and unsettled. For the United States, this set of countries, with some 120 million citizens, poses enormous policy challenges. Fostering democracy, expanding trade, combating drugs, promoting stability, and advancing social development are just some of the challenges germane to this region which, in the context of globalization, post-September 11, become even more compelling.
- Topic:
- Foreign Policy, Economics, and Government
- Political Geography:
- United States, Colombia, South America, Latin America, Venezuela, Peru, Ecuador, and Bolivia
6018. America and the Global Energy Challenge
- Author:
- Hal Harvey
- Publication Date:
- 06-2002
- Content Type:
- Working Paper
- Institution:
- Aspen Institute
- Abstract:
- Energy is at once the lifeblood and the bane of the modern world. Fossil energy has fueled tremendous economic growth over the past 150 years. The economic history of the United States is largely the history of extracting and using coal and oil. At the same time, the profligate use of these energy sources has created the world's most pressing environmental problems, and led to major national security concerns for the United States. Energy consumption is the primary source of greenhouse gas emissions, smog, acid rain, oil spills, and nuclear waste. American dependence on oil from the Middle East forces our hand on foreign policy and imposes high economic and human costs. It is becoming increasingly clear that America's—and the world's—current diet of fossil energy is not sustainable.
- Topic:
- Economics, Environment, Science and Technology, and Treaties and Agreements
- Political Geography:
- United States, America, and Middle East
6019. How Shareholder Reforms Can Pay Foreign Policy Dividends
- Author:
- James J. Shinn and Peter Gourevitch
- Publication Date:
- 06-2002
- Content Type:
- Working Paper
- Institution:
- Council on Foreign Relations
- Abstract:
- Corporate governance—the rules that govern the relationship between managers and shareholders—belongs on the foreign policy agenda of American decision-makers. The vigorous debates underway about corporate governance, both at home and abroad, present an opportunity for the United States to advance its foreign policy goals of enhancing free trade and financial stability.
- Topic:
- Foreign Policy, Economics, Government, Industrial Policy, and International Trade and Finance
- Political Geography:
- United States
6020. Monetary Policy Rules and the International Monetary Transmission
- Author:
- Leonor Coutinho
- Publication Date:
- 10-2002
- Content Type:
- Working Paper
- Institution:
- Centre for European Policy Studies (CEPS)
- Abstract:
- This paper analyses alternative monetary policy rules for the ECB, using a two "country" model of the euro area and the US, that assumes monopolistic competition, sticky prices and optimizing agents. The alternative rules analyzed for the ECB are ranked by their ability to stabilize consumption, output, and inflation and maximize consumers' welfare. The analysis contributes toward understanding the trade-offs faced by policymakers in open economies and provides some support for the current design of the ECB's operational framework. The results suggest that stabilizing money-growth, in addition to inflation, gives an additional degree of freedom to stabilize output. Although price stability is likely to remain the primary objective of the ECB, monetary policy must "without prejudice of price stability (...) support the general economic policies in the Community..." (Article 2). Hence monitoring money, under certain assumptions about the shocks hitting the economy, may deliver a better outcome in terms of output stabilization which should allow the ECB to fulfill its secondary but nonetheless important commitment.
- Topic:
- Economics, Government, and International Trade and Finance
- Political Geography:
- United States