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231. What if the United States Sneezed and Latin America Didn't Catch a Cold?

Author:
Megan Davy
Publication Date:
05-2008
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Latin American and Caribbean (LAC) economies, usually susceptible to international financial turmoil, are especially vulnerable to even minor tremors in U.S. markets. Regional policymakers and entrepreneurs, therefore, have been closely watching the current U.S. subprime credit crisis. Here is the good news: all signs point to relatively minor symptoms in LAC countries—despite a rocky financial history during the 1980s and 1990s—thanks in large part to reforms undertaken in response to previous financial crises, as well as continued high commodity prices that will likely buoy export markets. Although the economic downturn in the United States and other global markets will likely expose lingering weaknesses in the region's economy, this latest crisis can provide an impetus to complete the unfinished business of building more modern, resilient economies.
Topic:
Development, Economics, and Emerging Markets
Political Geography:
United States, South America, Latin America, and Central America

232. U.S.-Japan Relations

Author:
Michael J. Green and Nicholas Szechenyi
Publication Date:
10-2008
Content Type:
Journal Article
Journal:
Comparative Connections
Institution:
Center for Strategic and International Studies (CSIS)
Abstract:
No abstract is available.
Topic:
Development
Political Geography:
United States, Japan, and North Korea

233. U.S.-Southeast Asia Relations

Author:
Sheldon W. Simon
Publication Date:
10-2008
Content Type:
Journal Article
Journal:
Comparative Connections
Institution:
Center for Strategic and International Studies (CSIS)
Abstract:
The cancellation of a draft peace agreement between the Moro Islamic Liberation Front and the Philippine government triggered renewed violence in the Philippine south and allegations that U.S. forces are involved in Philippine armed forces suppression activities. Both Manila and Washington deny the charges, though U.S. Special Operations Forces have been training the Philippine military in Mindanao since 2002. The U.S. has added new sanctions against Burma's junta and continues to criticize its political repression, while aid for the victims of Cyclone Nargis remains under the Burmese military's control. Ratification for ASEAN's new Charter by its member states has been achieved by eight of the 10 countries. The delays include concerns in the Indonesian and Philippine legislatures about Burma's detention of Aung San Suu Kyi as well as the junta's insistence that any ASEAN Human Rights Commission be toothless. The U.S. State Department has expressed concern over the Malaysian government's arrest of opposition leader Anwar Ibrahim on suspicious sodomy charges. Malaysian leaders responded angrily that the U.S. complaint constitutes interference in Kuala Lumpur's domestic politics and that Washington is not “the policeman of the world.”
Topic:
Development and Government
Political Geography:
United States, Indonesia, Malaysia, Philippines, Burma, and Southeast Asia

234. Sectoral Transformations in Neo-Patrimonial Rentier States: Tourism Development and State Policy in Egypt

Author:
Thomas Richter and Christian Steiner
Publication Date:
11-2007
Content Type:
Working Paper
Institution:
German Institute of Global and Area Studies
Abstract:
This article challenges claims that liberalising state regulated markets in developing countries may induce lasting economic development. The analysis of the rise of tourism in Egypt during the last three decades suggests that the effects of liberalisation and structural adjustment are constrained by the neo-patrimonial character of the Egyptian political system. Since the decline of oil rent revenues during the 1980s tourism development was the optimal strategy to compensate for the resulting fiscal losses. Increasing tourism revenues have helped in coping with macroeconomic imbalances and in avoiding more costly adjustment of traditional economic sectors. Additionally, they provided the private elite with opportunities to generate large profits. Therefore, sectoral transformations due to economic liberalisation in neo-patrimonial Rentier states should be described as a process, which has led to the diversification of external rent revenues, rather than to a general downsizing of the Rentier character of the economy.
Topic:
Development and Economics
Political Geography:
Africa, United States, Middle East, and Egypt

235. Utility Payments as Alternative Credit Data: A Reality Check

Author:
Sara Burr and Virginia Carlson
Publication Date:
03-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Access to credit is one of the cornerstones of wealth-building in the United States. Yet, between 35 million and 54 million persons are not participating in the credit market. Many individuals outside the credit mainstream are unable to access credit, or credit at competitive rates, because of the lack of traditional information, such as mortgage and credit card payments, available on their credit files. However, there is evidence that the inclusion of alternative data on credit-like payments, such as utility payments, in credit reporting can help bridge this information gap. The first step toward filling this gap requires utility companies to systematically report these data to the major credit bureaus.
Topic:
Civil Society, Demographics, Development, and Economics
Political Geography:
United States

236. The Third California: The Golden State's New Frontier

Author:
Joel Kotkin and William H. Frey
Publication Date:
03-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
For most Americans, California evokes coastal images, the sunny beaches of south or the spectacular urban vistas of San Francisco Bay. Yet within California itself, the state's focus is shifting increasingly beyond the narrow strip of land between the coast- line and its first line of mountain ranges.
Topic:
Development, Economics, and Environment
Political Geography:
United States, America, and California

237. Committing to Prosperity: Moving Forward on the Agenda to Renew Pennsylvania

Publication Date:
03-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Pennsylvania is at once the same and different, three years after the release of the 2003 Brookings Institution report “Back to Prosperity,” which proposed a new vision for how Pennsylvania might revitalize its cities, towns, and regions in order to compete more energetically in today's global economy.
Topic:
Development, Economics, and Government
Political Geography:
United States and Pennsylvania

238. Katrina Index: Tracking Recovery of New Orleans and the Metro Area

Publication Date:
05-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
On the eve of its second Mardi Gras since Katrina, New Orleans stands poised to gain a larger economic benefit from the event than in did in 2006. Twenty additional hotels have opened since last year's Mardi Gras, and the New Orleans airport is now accommodating 100,000 more arriving passengers each month.
Topic:
Development, Economics, and Environment
Political Geography:
United States

239. Reducing Poverty in Washington, D.C. and Rebuilding the Middle Class from Within

Author:
Brooke DeRenzis and Martha Ross
Publication Date:
03-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Washington's future as a vibrant, inclusive city depends on its commitment to rebuilding the middle class from within. The District has experienced job growth, big increases in city revenues, and remarkable commercial and residential development over the past several years. Still, one out of every three DC residents is low-income, and many residents live in areas of concentrated poverty. More than most cities, Washington is a city of high and low incomes, with a small and declining middle class.
Topic:
Civil Society, Development, and Economics
Political Geography:
United States and Washington

240. Back to the Future: The Need for Patient Equity in Real Estate Development Finance

Author:
Christopher B. Leinberger
Publication Date:
01-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Over the past decade, the real estate field has begun applying many of the development strategies employed by a number of iconic developers active before 1940. J.C. Nichols (Country Club Plaza in Kansas City), George Merrick (Coral Gables, Florida), the Rockefeller family (Rockefeller Center), and others have become role models, their major developments emulated in recently revived downtowns, suburban town centers, New Urbanism projects, and transit oriented developments. But while nearly all of the attention today has been on the urban design lessons of these developers and their projects, there are financing lessons they can teach us as well.
Topic:
Demographics, Development, Economics, and Markets
Political Geography:
United States and Florida