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161. Making Trade Agreements Relevant for Poor Countries: Why Dispute Settlement Is Not Enough

Author:
Bernard Hoekman and Chad Brown
Publication Date:
02-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Poor countries are rarely challenged in formal WTO trade disputes for failing to live up to commitments, reducing the benefits of their participation in international trade agreements. This paper examines the political-economic causes of the failure to challenge poor countries and discusses the static and dynamic costs and externality implications of this failure. Given the weak incentives to enforce WTO rules and disciplines against small and poor members, bolstering the transparency function of the WTO is important to make trade agreements more relevant to trade constituencies in developing countries. While our focus is on the WTO system, our arguments also apply to reciprocal North-South trade agreements.
Topic:
Development, Economics, Government, and International Trade and Finance

162. CURRENT RUSSIA – NORTH KOREA RELATIONS: CHALLENGES AND ACHIEVEMENTS

Author:
Alexander Vorontsov
Publication Date:
02-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Policy toward North Korea is an important component of Russia's general strategy toward the Asia-Pacific region, which is now regarded by Moscow as a crucially import ant area. This growing emphasis on Asia is evidenced by President Vladimir Putin's increased participation in APEC summits including the November 2005 meeting in Pusan, South Korea, and Russia's development of a dialogue partnership with the Association of Southeast Asian Nations (ASEAN). During the first Russia-ASEAN summit, held in Malaysia just before the East Asian Summit in December 2005, President Putin gave a speech to the participants of the nascent East Asian Community (EAC), a new multidimensional integration association in the region.
Topic:
International Relations and Foreign Policy
Political Geography:
Russia, Europe, Malaysia, East Asia, Asia, South Korea, North Korea, and Asia-Pacific

163. 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

164. Reconnecting Massachusetts Gateway Cities: Lessons Learned and an Agenda for Renewal

Author:
Benjamin Forman, Rebecca Sohmer, Eric McLean-Shinaman, David Warren, John Schneider, and Mark Muro
Publication Date:
02-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Could it be? Could it be that at least some of Massachusetts' long-suffering “Gateway Cities”—the state's once-humming mill and manufacturing towns—are ready to rejoin the state's economic mainstream? Yes, it could. Despite the latest blows of deindustrialization, signs of life are animating parts of the state's faded urban hubs beyond Boston.
Topic:
Development, Economics, and Markets

165. Top Ten Global Economic Challenges - An Assessment of Global Risks and Priorities

Publication Date:
02-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
The beginning of 2007 offers a conflicting picture of the global economy for those trying to discern trends, challenges and opportunities. Concerns about energy security and climate sustainability are converging — finally bringing consensus in sight on the need for action in the United States. But prospects for breaking the global stalemate are still years away. Though some developing countries are succeeding in bringing hundreds of millions out of poverty, too many are still mired in a doom spiral of conflict, poverty and disease— despite the entry of new philanthropists, advocates and global corporations into the field of development. China's projected 9.6 percent growth rate is sending ripples to the farthest reaches of the planet—creating opportunities but also significant risks. The United States remains in the “goldilocks” zone, but this is premised on continued borrowing from abroad at historically unprecedented rates while many Americans fret about widening inequality and narrowing opportunity. While the United States concentrates on civil war in the Middle East, most leaders in the region are preoccupied with putting an outsized cohort of young people to work and on the road to becoming productive citizens.
Topic:
International Relations, Security, Economics, and Energy Policy
Political Geography:
United States, China, and Middle East

166. The Implications of Service Offshoring for Metropolitan Economies

Author:
Howard Wial and Robert Atkinson
Publication Date:
02-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
In the months running up to the 2004 election the issue of off- shoring—the movement of jobs from the United States to other nations—seemed to be on the front pages of newspapers every day. Some of the concern was about the loss of manufacturing jobs to lower-wage countries such as China and Mexico, a process that had been going on for decades. The offshoring of service jobs, though, was something new. Service workers—including college- educated professionals—who previously thought their jobs immune to foreign competition began to worry about this new source of job in security. Policymakers concerned about the American standard of living wondered whether service offshoring would eliminate the United States' advantage in high technology industries.
Topic:
Demographics, Economics, Government, and Poverty
Political Geography:
United States, China, and Mexico

167. 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

168. Reform of Global Governance: Priorities for Action

Author:
Colin Bradford and Johannes Linn
Publication Date:
10-2007
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Many of today's international institutions were created at the end of World War II, more than 60 years ago. Since then they have responded in many significant ways to the challenges arising during the second half of the 20th century, including decolonization, the end of the cold war, global security, environmental threats, and global poverty. Even though many new global and regional organizations were added since 1945 — when the United Nations was created and the Bretton Woods organizations opened their doors — very little has been altered in the basic structure of these global institutions.
Topic:
International Law, International Organization, Regional Cooperation, and United Nations

169. Global Service Fellowships: Building Bridges through American Volunteers

Author:
David L. Caprara, John Bridgeland, and Harris Wofford
Publication Date:
07-2007
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
As policy-makers search for ways to share the best of America with the world, they should start with our international volunteers, who embody this country's spirit of generosity, resourcefulness and hope. With the support of Congress and the Bush Administration, volunteers can become the first face of America to communities in many nations, while advancing concrete initiatives that lift up the lives of the poor throughout the world.
Topic:
Foreign Policy, Economics, and Humanitarian Aid
Political Geography:
United States and America

170. A Diplomatic Offensive for Iraq

Author:
Larry Diamond and Carlos Pascual
Publication Date:
06-2007
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
U.S. policy on Iraq must address both diplomatic and military strategy together to realize any chance for sustainable peace. That was one of the central themes of the bipartisan Iraq Study Group report, yet the need for a diplomatic strategy to achieve a political settlement among warring Iraqis has largely been ignored in the debate on whether to “surge” or “withdraw” troops.
Topic:
Conflict Resolution and Diplomacy
Political Geography:
United States, Iraq, and Middle East