Author: John H. Makin / Political Geography: United States

Author:: John H. Makin
Publication Date:: 08-2004
Content Type:: Policy Brief
Institution:: American Enterprise Institute for Public Policy Research
Abstract:: I am not an expert on the price of oil. But many who claim to be have been saying for months that its price should drop back below $25 or $30 per barrel. Meanwhile, the actual price has risen steadily to nearly $50 per barrel as this Outlook goes to press.
Topic:: International Relations, Economics, and Environment
Political Geography:: United States

Author:: John H. Makin
Publication Date:: 01-2004
Content Type:: Policy Brief
Institution:: American Enterprise Institute for Public Policy Research
Abstract:: Old habits die hard. Often, criticism leveled at policymakers is well founded. I certainly have offered up my share. But as 2003 ends and 2004 begins, we find ourselves at a point where the performance of the U.S. economy is about as good as it gets. The stock market is up 20 percent this year, inflation and interest rates are low, productivity growth is high, and U.S. exports are rising strongly. The biggest danger going forward arises from ill-founded criticism aimed at policy measures employed to achieve this excellent outcome and the (fortunately low) chance that policymakers will heed such criticism.
Topic:: Economics, International Trade and Finance, and Political Economy
Political Geography:: United States

Author:: John H. Makin
Publication Date:: 12-2003
Content Type:: Policy Brief
Institution:: American Enterprise Institute for Public Policy Research
Abstract:: The policy stimulants administered in very large doses to the U.S. economy at midyear are wearing off fast. China's boom, while not ending, is cooling. The result of those two facts will be U.S. growth of 3 percent or less in the final quarter of this year and the first quarter of next before tax rebates kick in to provide a lone quarter of 4 percent growth next spring. Then it will be back to 3 percent, plus or minus half a percent, in the second half of 2004 as the boost from tax cuts fades, provided stock markets hold up.
Topic:: Economics, International Trade and Finance, and Political Economy
Political Geography:: United States and China

Author:: John H. Makin
Publication Date:: 11-2003
Content Type:: Policy Brief
Institution:: American Enterprise Institute for Public Policy Research
Abstract:: The outlook for the global economy has become clouded since the September annual meetings of the International Monetary Fund and World Bank in Dubai. Going into the meetings, views were broadly optimistic, tied to the familiar, reassuring sense of a recovering U.S. economy, the prospect of rising exports, and a firm dollar. America, an oasis of firmer demand growth in a desert of global excess capacity, was back— again, for the second time since the bubble economy burst in March 2000. Only this time, it was for real, not like the false, post-9/11 recovery that fizzled out in the spring of 2002. Or, so it seemed.
Topic:: Economics, International Trade and Finance, and Political Economy
Political Geography:: United States, America, and Dubai

Refine your search