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131. Post-Tsunami Aid Effectiveness in Aceh: Proliferation and Coordination in Reconstruction

Author:
Harry Masyrafah and Jock MJA McKeon
Publication Date:
11-2008
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
On December 26, 2004, an earthquake measuring 9.0 on the Richter scale struck off the northeast coast of Nanggroe Aceh Darussalam (Aceh) on the island of Sumatra, Indonesia. In the subsequent tsunami that followed, over 150,000 people lost their lives, while an estimated 700,000 people were displaced. The scale of the damage to the local economy, infrastructure and administration was unprecedented. The magnitude of these events triggered a huge outpouring of compassion and generosity from around the world. The influx of aid and assistance into the province of Aceh in the weeks and months that followed was unprecedented and surpassed all expectations. This paper seeks to provide some insight into the effects of such an influx whilst also exploring some of the coordination mechanisms put in place to manage what was the largest reconstruction program in the developing world at the time.
Topic:
Development, Government, Human Welfare, Humanitarian Aid, and International Cooperation
Political Geography:
Indonesia

132. Changing the Game: The Federal Role in Supporting 21st Century Educational Innovation

Author:
Sara Mead and Andrew J. Rotherham
Publication Date:
10-2008
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
To resolve dramatic disparities in educational achievement and ensure future American workers are globally competitive, the federal government needs, as it has in the past, to change the game in public education. A robust new federal Office of Educational Entrepreneurship and Innovation within the Department of Education would expand the boundaries of public education by scaling up successful educational entrepreneurs, seeding transformative educational innovations, and building a stronger culture to support these activities throughout the public sector.
Topic:
Education
Political Geography:
United States

133. A Bridge to Somewhere: Rethinking American Transportation for the 21st Century

Author:
Robert Puentes
Publication Date:
06-2008
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
In the past, strategic investments in our nation's transportation infrastructure—the railroads in the 19th century, the interstates in the 20th—turbocharged growth and transformed the country. But more recently, America's transportation infrastructure has not kept pace with the growth and evolution of its economy. At the precise time when the nation desperately needs to prioritize its limited investments and resources, the federal transportation program has lost focus.
Topic:
Development, Environment, and Government
Political Geography:
United States and America

134. Measuring the Cost of Aid Volatility

Author:
Homi Kharas
Publication Date:
07-2008
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Flows of official development assistance (ODA) to recipient countries have been highly volatile and this reduces their value. At the macro level, empirical evidence suggests that volatile ODA can negatively impact growth through several channels. At the micro level, volatility can affect fiscal planning and the level and composition of investment. This working paper develops a simple financial metric that policy makers can use to estimate (and reduce) the cost of aid volatility. Unlike other estimates, our measure does not depend on parameter estimates from cross-country regressions, nor on country-specific model simulations.
Topic:
Economics and Humanitarian Aid

135. 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

136. The International Monetary Fund and the World Bank: It's Time to Separate the Conjoined Twins

Author:
Lex Rieffel
Publication Date:
09-2008
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
The IMF and the World Bank were created in 1944 to be at the center of the international financial system, but they have not adapted well to the far- reaching changes in the global economy over the past twenty years. Their legitimacy has been called into question due to their antiquated governance structures, and as a consequence they are losing relevance and effectiveness.
Topic:
Economics, International Organization, International Political Economy, International Trade and Finance, and International Monetary Fund

137. Can America Still Lead in the Global Economy?

Author:
Lael Brainard and David Lipton
Publication Date:
08-2008
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
From the vantage point of 2008, some of the most memorable initiatives of U.S. international economic leadership—the Paris and Louvre Accords, the support for Poland and Russia after the fall of communism, the Uruguay Round, and the Mexican Financing Loan—seem like quaint reminders of a simpler time. In the coming years, the exercise of international economic leadership will surely prove more complex than in the past. The very success of the American vision of a global spread of vibrant and competitive markets has created a huge, rapidly integrating private economy of trade and finance much less amenable to guidance, let alone control, by governments. Unlike in diplomacy and defense, where non state actors are growing in importance but still a side show, in inter- national economics, households, corporations, labor unions, and non-profits are now the dominant players in most parts of the world. While they respond to national laws and policies, their interests are varied and their operations often span borders.
Topic:
Economics, International Political Economy, International Trade and Finance, and Markets
Political Geography:
Russia, United States, Paris, Poland, Uruguay, and Mexico

138. Credit Crisis: The Sky is not Falling

Author:
Anthony Downs
Publication Date:
10-2007
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
U.S. stock markets are gyrating on news of an apparent credit crunch generated by defaults among subprime home mortgage loans. Such frenzy has spurred Wall Street to cry capital crisis. However, there is no shortage of capital – only a shortage of confidence in some of the instruments Wall Street has invented. Much financial capital is still out there looking for a home.
Topic:
Economics and Markets
Political Geography:
United States

139. Making Sense of Climate Change, Natural Disasters, and Displacement: A Work in Progress

Author:
Elizabeth Ferris
Publication Date:
12-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
There has been a lot of talk lately about climate change and displacement. Predictions have been made that millions of people – perhaps a billion people – will be displaced because of climate change in the coming years The terms being used for those displaced by environmental factors vary. Some scholars and policy-makers refer to 'environmental refugees' which is in turn criticized by others (particularly by those coming from a refugee background.) Anke Strauss of the International Organization for Migration predicts that by 2010 – 3 years from now – we'll see an additional 50 million 'environmental migrants' which she defines as “persons or groups of persons who, because of sudden or progressive changes in the environment affecting adversely their livelihoods, have to move from their habitual homes to temporary or durable new homes, either within their country or abroad.” The 2006 Stern Review by the UK government refers to permanently displaced “climate refugees” while the Intergovernmental Panel on Climate Change refers to “climate change refugees” or just “refugees.” The issue of climate change and displacement has become a popular issue in the public debates with major conferences organized on the issue, including this year's International Conference of the Red Cross and Red Crescent in November 2007. More will certainly be written about these connections in the coming years.
Topic:
International Relations, Climate Change, Diplomacy, and Environment
Political Geography:
United Kingdom

140. Looking Back and Looking Forward: North Korea, Northeast Asia and the ROK-U.S. Alliance

Author:
Hyeong Jung Park
Publication Date:
12-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Following the inauguration of the Bush administration in 2001, South Korea and the United States entered into a period of dissonance and even mutual repugnance. It began with differences in North Korea policy in 2001, and expanded into other areas. The Bush administration's mismanagement ignited a surge of anti-Americanism in South Korea, which in turn led to a round of Korea-bashing in the United States.
Topic:
International Relations, Diplomacy, and Treaties and Agreements
Political Geography:
United States, Israel, East Asia, South Korea, North Korea, and Korea