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3741. Budgets to Make America Safer

Author:
Cindy Williams
Publication Date:
06-2006
Content Type:
Policy Brief
Institution:
MIT Center for International Studies
Abstract:
Since September 2001, federal budgets for national security have climbed more than 50 percent in real terms. Unfortunately, much of the added money reflects “business as usual” rather than programs aimed at making the nation safer from today's threats. Compared with past decades, national security spending makes up a relatively small share of the U.S. economy. Nevertheless, with the federal debt growing rapidly and as large numbers of baby boomers approach retirement age, many observers expect future federal budgets to be tight. Thus it is critically important to ensure that national security funds go to projects that make the nation more secure. This article examines broad changes in national security budgets since September 2001. It first reviews the three categories of federal spending for national security. It then examines how budgets in those categories have changed since September 2001. It ends with a look at alternatives that seem more relevant in an era of international mass-casualty terrorism.
Topic:
Security, Economics, and Politics
Political Geography:
America and North America

3742. Remittances: Latin America's Faulty Lifeline

Author:
Catherine Elton
Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
MIT Center for International Studies
Abstract:
In recent years, the money that migrants send back to their native countries has become a hot topic in international development circles. Multilateral banks, the governments of migrant-sending nations, the U.S. Government, and international development organizations laud the potential that remittances have to reduce poverty and promote development. Remittances are being exalted as “the new development finance,” and a ticket to “high human development,” while the migrants who send them are hailed as heroes back home. But the current remittance euphoria is both overblown and troubling when considered in a larger context of international development.
Topic:
International Relations, Economics, and International Trade and Finance
Political Geography:
United States and South America

3743. Geographical spread of corruption: Policies, institutions and cross-country economic interaction. Part I: Issues, theory

Author:
Jens Chr.1 Andvig
Publication Date:
05-2006
Content Type:
Working Paper
Institution:
Norwegian Institute of International Affairs
Abstract:
The international aspects of corruption have received considerable attention in both research and policy: What determines whether a country is highly corrupt or not? Most research has sought to answer this question by considering each country as reflecting the same kind of mechanism explaining both the high and low outcomes. In this paper some of the theoretical explanations suggested in the literature are reviewed at the same time as it suggests how the question needs to be rephrased if each country's corruption rate is influenced by an internationally open economic system.
Topic:
International Relations, Corruption, Economics, and International Political Economy

3744. As safe as the Bank? Houshold financial behavior and economic reasoning in post-soviet Russia

Author:
Nils August Andresen
Publication Date:
01-2006
Content Type:
Working Paper
Institution:
Norwegian Institute of International Affairs
Abstract:
This study examines the financial behaviour of Russian households from the collapse of communism to the financial melt down in August 1998. By transforming savings into investment, financial intermediaries are important to economic growth. In post-Soviet Russia, financial intermediaries were increasingly unable to attract new household savings, as people turned to foreign currency. What determined the allocation of household savings? The study considers the three main alternatives households could turn to: The state savings bank; commercial financial companies; and foreign currency, mainly dollars.
Topic:
Development and Economics
Political Geography:
Russia and Soviet Union

3745. New Actors in Health Financing: Implications for a donor darling

Author:
Felix Zimmermann and Denis Drechsler
Publication Date:
12-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
With concern about how to finance the Millennium Development Goals (MDGs) widespread, recent donor pledges to raise aid volumes are welcome. However, aid alone will not suffice – bringing in new actors and sources of development finance will be essential. In many developing countries, this is already happening, creating new opportunities and challenges for their governments and donors.
Topic:
Development, Economics, Health, and International Trade and Finance

3746. After Gleneagles: What role for loans in ODA?

Author:
Helmut Reisen, Pierre Jacquet, and Daniel Cohen
Publication Date:
12-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Suppose a DAC donor earmarks $1 billion of taxpayers' money for official development assistance (ODA). The donor may use two instruments as an outright grant or in combination with a market loan to produce a concessional loan of $2 billion with a percentage grant element of 50 per cent. Many nowadays think the choice should be clear: provide grants only, leave loans to the market. The purpose of this Policy Brief is to qualify and inform this choice.
Topic:
International Relations, Debt, Economics, and Third World

3747. Economic Survey of the Russian Federation, 2006

Publication Date:
11-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
The Russian economy has been enjoying a period of robust growth, thanks largely to steadily rising terms of trade. The challenge confronting policy-makers is to facilitate Russia's transition into a period of self-sustaining, investment- and innovation-led growth. This will require a sound macroeconomic policy framework to manage the economy's adjustment to sustained high oil prices and a range of structural reforms aimed at creating better framework conditions for business.
Topic:
Development, Economics, and Markets
Political Geography:
Russia, Europe, and Asia

3748. Economic Survey of Brazil, 2006

Publication Date:
11-2006
Content Type:
Policy Brief
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
Considerable progress has been made in recent years in achieving macroeconomic stability and restructuring the economy. Productivity has risen since the macroeconomic stabilisation of the mid-1990s and the implementation of a series of structural reforms. But Brazil's GDP growth performance (about 2.5% per year on average since 1995) nevertheless needs to improve to close a widening income gap relative to the OECD area. Reaping the full benefits of stabilisation in terms of faster growth will require consolidating macroeconomic adjustment, boosting innovation in the business sector and stepping up formal labour utilisation.
Topic:
Development, Economics, and Markets
Political Geography:
Brazil and South America

3749. Competition Law and Policy in Argentina

Publication Date:
10-2006
Content Type:
Working Paper
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
In the past 25 years Argentina has made considerable, if uneven, progress toward building a successful market economy. In any country, an effective competition policy is an important part of that effort. Argentina's progress in competition policy has also been uneven, having been affected in many ways by the country's turbulent political and economic history.
Topic:
Development, Economics, and Markets
Political Geography:
Argentina and South America

3750. Reinventing Rural Policy

Publication Date:
10-2006
Content Type:
Working Paper
Institution:
The Organisation for Economic Co-operation and Development
Abstract:
In OECD countries, rural areas account for three-quarters of the land and are home to a quarter of the population. Rapid changes in the international economy clearly have a different effect on these regions than on cities and towns, offering different challenges but also different opportunities.
Topic:
International Relations, Development, Economics, and International Trade and Finance