Saving social security

a balanced approach

While everyone agrees that Social Security is a vital and necessary government program, there have been widely divergent plans for reforming it. Peter A. Diamond and Peter R. Orszag, two of the nation#s foremost economists, propose a reform plan that would rescue the program ...

Restoring fiscal sanity

how to balance the budget

America will face persistent, annual deficits of over half a trillion dollars over the next decade. If current policies continue, these deficits will slow economic growth, reduce household incomes, and impose enormous burdens on the next generation. To address the problem, a team of Brookings ...

Lessons from deregulation

telecommunications and airlines after the crunch

Over the last several years, the value of stocks in both the airline and the telecommunications industries have dropped catastrophically. Since these industries were among the most important#and most visible#to have been unleashed from regulation in recent decades (albeit in widely differing degree ...

The broadband problem

anatomy of a market failure and a policy dilemma

As the Internet revolution continues to unfold and transform telecommunications, pressure is building for faster, less expensive, and more widely accessible broadband service. Such a development would facilitate improved and less expensive traditional applications such as voice telephony and web browsing. It would also enable ...

Mega-projects

the changing politics of urban public investment

Since the demise of urban renewal in the early 1970s, the politics of large-scale public investment in and around major American cities has received little scholarly attention. In Mega-Projects, Alan Altshuler and David Luberoff analyze the unprecedented wave of large-scale (mega-) public investments that occurred ...

Post-stabilization politics in Latin America

competition, transition, collapse

Arab economic integration

between hope and reality

Improving the economic performance of Arab countries is now more critical than ever. The region faces high population growth rates, rising unemployment, and modest economic growth coupled with increasingly intense competition from emerging markets in eastern Europe, Latin America, and Asia. Meeting these challenges requires ...

The other war

global poverty and the millennium challenge account

Structural reform in Japan

breaking the iron triangle

In this unusually candid book, Japan#s former top financial diplomat asserts the urgent need for wholesale structural reform to revitalize the long-stagnant Japanese economy. Eisuke Sakakibara, whose influence over global currency markets earned him the nickname of #Mr. Yen,# envisions a social and economic ...

The future of domestic capital markets in developing countries

Now in its fifth year, the "Emerging Markets Series" from the World Bank, International Monetary Fund, and Brookings Institution offers financial policymakers and practitioners a unique resource. Drawn from the proceedings of the 2003 Financial Markets and Development conference, this volume brings together financial sector ...

Turbulent waters

cross-border finance and international governance

The world economy at the end of the twentieth century was afflicted with financial turbulence. Millions of people in emerging-market nations endured severe recessions, and many residents of wealthy nations also experienced losses. Some scholars describe this instability as a consequence of a progressively integrated ...

High-stakes antitrust

the last hurrah?

Stability and growth in Europe

towards a better pact

Monitoring European Integration was established in 1990 as an annual series of reports on the progress of economic integration in Europe. The objective of the reports is to raise the level of public discussion on European policy issues. Monitoring European Integration combines intellectual rigor with ...

How do central banks write?

an evaluation of inflation reports by inflation targeting central banks

Happiness & hardship

opportunity and insecurity in new market economies

Deregulating property-liability insurance

restoring competition and increasing market efficiency

Integrating China into the global economy

Beyond sweatshops

Foreign Direct investment and Globalization in Developing Countries

Beyond the dot.coms

the economic promise of the Internet

Telecommunications liberalization on two sides of the Atlantic

Tracking a transformation

e-commerce and the terms of competition in industries

A vision for the world economy.

Openness, diversity, and cohesion..