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1421. Stronger U.S. – EU Trade Creates Everyday Benefits

Author:
Jeff Okun-Kozlowicki and Gabe Horwitz
Publication Date:
12-2013
Content Type:
Policy Brief
Institution:
Third Way
Abstract:
The economic relationship between the United States and the European Union (EU) is so strong and so deeply integrated into multinational supply chains that policymakers often forget about it. Even with recent economic turbulence, the EU is America's largest trading partner. The EU remains one of the most important markets for the United States in terms of exports, two-way investment, and domestic job creation. But our marriage could be even stronger—especially at a time when both sides are seeking to recover from several years of lean economic growth. Breaking down trade barriers and spurring cooperation in key sectors would have significant benefits for American manufacturers and consumers in terms of the movies you watch, the car you drive, and the products you use.
Topic:
Economics, International Trade and Finance, and Treaties and Agreements
Political Geography:
United States, America, and North America

1422. Defining Relevant Markets for Mergers and Acquisitions Involving Communications Services

Author:
Harold Furchtgott-Roth and Jeffrey Li
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
Over the past 20 years, the Federal Communications Commission (“FCC” or “Commission”), often in coordination with the Department of Justice (“DoJ”), has reviewed dozens of mergers and acquisitions involving companies offering various forms of communications services, and many offering various forms of wireless services. To approve license transfers and other regulatory authorizations associated with each of these mergers and acquisitions, the FCC issues an order in which it often discusses antitrust issues including a definition of a “relevant product market” to assess the likely competitive effect of the merger.
Topic:
Economics, Markets, Science and Technology, and Communications

1423. 2013 Index of Global Philanthropy and Remittances With a Special Report on Emerging Economies

Author:
Carol Adelman, Yulya Spantchak, Jeremiah Norris, and Kacie Marano
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
The Center for Global Prosperity (CGP) at Hudson Institute is pleased to present the 2013 Index of Global Philanthropy and Remittances. This edition, our eighth Index, continues to show the growth in philanthropy, remittances and private investment throughout the world. It continues to show how private financial flows have surpassed government aid, and how new forms of giving are redefining foreign assistance and economic growth.
Topic:
Economics, Emerging Markets, Government, Humanitarian Aid, and Foreign Direct Investment

1424. North American Competitiveness: The San Diego Agenda

Author:
Christopher Sands, Duncan Wood, and Laura Dawson
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
The 1994 North American Free Trade Agreement (NAFTA) among Canada, Mexico, and the United States was a bold experiment in economic integration and regional cooperation. To be successful, the initiative demanded political leadership and a commitment to regionalism. It required a vision that extended beyond short-term national interest and it demanded creative thinking about how three large countries could integrate their markets in a meaningful way.
Topic:
Economics, International Trade and Finance, and Treaties and Agreements
Political Geography:
United States, Canada, North America, and Mexico

1425. Open Spectrum: A Major Step for U.S. Innovation and Economic Growth

Author:
Harold Furchtgott-Roth
Publication Date:
06-2013
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
This paper proposes that the Federal Communications Commission adopt rules to allow practically all of the electromagnetic spectrum to be allocated flexibly in response to market conditions and to allow licensees to use their spectrum flexibly. This approach is consistent with the direction of FCC decisions to allow greater spectrum flexibility and would be economically far superior to recent FCC proposals for broadcast spectrum auctions. Spectrum flexibility—or “Open Spectrum”—would eliminate the much-lamented wireless broadband “shortage” without delay and would foster greater innovation in American spectrum markets and transactions and in wireless services and products. The econo mic value of Open Spectrum is probably orders of magnitude greater than the projected $15 billion in receipts from the FCC's broadcast spectrum auctions.
Topic:
Economics, Science and Technology, and Communications
Political Geography:
United States, Japan, and America

1426. The Pharmaceutical Industry's Contributions to the UN Millennium Development Goals

Author:
Carol Adelman, Yulya Spantchak, Jeremiah Norris, and Kacie Marano
Publication Date:
05-2013
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
Member States of the United Nations unanimously endorsed the Millennium Declaration on September 8, 2000. One of its provisions resolved "to encourage the pharmaceutical industry to make essential drugs more widely available and affordable to those who need them in developing countries." Then, in late September, the UN established the Millennium Development Goals (MDGs), drawing its authorization from the original Declaration. There are eight goals that address a variety of global issues, including education, poverty, environment, and health. The Goals were set to be achieved by 2015, with indicators applied to measure progress. For example, to measure poverty reduction, the number of people living under $1.25 per day is tracked. To measure progress in reaching universal education, primary school enrollment is tracked.
Topic:
Development, Economics, and International Cooperation
Political Geography:
United Nations

1427. Institutional Choices for Regulating Oil and Gas Wells

Author:
Lee Lane
Publication Date:
02-2013
Content Type:
Working Paper
Institution:
Hudson Institute
Abstract:
Hydraulic fracturing (HF) is one of the technologies that have enabled large increases both in the current production of natural gas and in estimates of recoverable reserves. However, as new technology has triggered a boom in onshore U.S. gas exploration and production (E), environmental concerns have multiplied. Much of the concern centers on use of HF. As public concern has risen, so have calls for federal regulatory control. The Interior Department has adopted tighter controls on the use of HF on public lands. Also, two former Obama White House aides, Carol Browner and Jody Freeman, have argued for more EPA regulation of all use of HF in oil and gas drilling. To achieve this control, they propose to repeal the partial oil and gas exemption under the Safe Drinking Water Act (SDWA). Bills to this effect, dubbed the FRAC Act, were proposed in the last two Congresses, but they were not adopted.
Topic:
Economics, Environment, International Trade and Finance, and Natural Resources
Political Geography:
United States and North America

1428. An Economic NATO: A New Alliance for a New Global Order

Author:
C. Boyden Gray
Publication Date:
02-2013
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
In the aftermath of World War II, the greatest concern facing the United States and its European allies was restraining the Soviet Union and preventing the spread of communism. Cooperation on military security was paramount, and the United States and Europe rose to the challenge by creating NATO, a new type of multilateral defense agreement. Once again, the transatlantic relationship is at a new and perilous crossroads. But now it is economic, rather than military security that is at risk. Crisis grips the economies of Europe, just as the United States, mired in historic levels of unemployment in the wake of the 2008 recession, is rethinking its strategic priorities and place in the world. As before, fears mount concerning the future of liberal democracy and Western capitalism. The question is whether transatlantic cooperation will again rise to the challenge.
Topic:
NATO, Economics, International Trade and Finance, Treaties and Agreements, Financial Crisis, and Reform
Political Geography:
United States, Europe, and North America

1429. Shale Oil and Gas and the Middle East

Author:
Odeh Aburdene
Publication Date:
02-2013
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
It is in the interest of the world community to increase all energy resources—oil, gas, coal, solar, green, and nuclear. There are 7 billion people on this planet today. By 2100 that number will rise to 10 billion people. We can only meet their needs by maximizing energy production and using it in the most efficient means available.
Topic:
Economics, Energy Policy, International Trade and Finance, Oil, and Biofuels
Political Geography:
Middle East

1430. Lowering the Price of Russian Gas: A Challenge for European Energy Security

Author:
Adnan Vatansever and David Koranyi
Publication Date:
03-2013
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
Europe's energy discourse has been unjustifiably preoccupied with concerns about potential physical disruptions of Russian gas. Yet, the real challenge for European-Russian energy relations, and in fact, for European energy security, lies in settling on a price that leaves both sides content. While Europe will come under increasing pressure to acquire affordable energy resources to enhance its competitiveness, Gazprom may find it increasingly difficult to deliver gas at lower prices in the coming years.
Topic:
Economics, Energy Policy, International Trade and Finance, Oil, and Bilateral Relations
Political Geography:
Russia and Europe