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171. How to Reduce Greenhouse Gas Emissions Now

Author:
Mary Graham and Elena Fagotto
Publication Date:
05-2007
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Support is growing in the 110th Congress for legislation to counter climate change. Yet action on any of the major cap-and-trade proposals will leave a critical policy gap. None of the proposed systems would take full effect for at least five years. Meanwhile, U.S. greenhouse gas emissions continue to increase and company executives are locking in future emissions as they finalize plans for new power plants, factories and cars. The Administration's latest climate action report, circulated in draft in March 2007, estimates that a 19 percent increase in U.S. emissions between 2000 and 2020 will contribute to persistent drought, coastal flooding and water shortages in many parts of the country and around the world. This policy brief proposes that Congress legislate product-by-product and factory-by-factory disclosure of greenhouse gas emissions to create immediate incentives for companies to cut those emissions. Labeling products and disclosing factory emissions would provide market benefits now by exposing inefficiencies and informing the choices of investors, business partners, employees and consumers and would give companies the information base they need to prepare for cap-and-trade regulation.
Topic:
Development, Energy Policy, Environment, and Science and Technology
Political Geography:
United States

172. Beyond Microfinance: Getting Capital to Small and Medium Enterprises to Fuel Faster Development

Author:
David de Ferranti and Anthony J. Ody
Publication Date:
03-2007
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Small and medium-sized enterprises (SMEs), typically employing between 10 and 250 workers, form the backbone of modern economies and can be crucial engines of development through their role as seedbeds of innovation. In much of the developing world, though, SMEs are under-represented, stifled by perverse regulatory climates and poor access to inputs. A critical missing ingredient is often capital.
Topic:
International Relations, Development, and Economics
Political Geography:
United States

173. More COPS

Author:
John J. Donohue III and Jens Ludwig
Publication Date:
03-2007
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
It would be unrealistic to expect crime to continue dropping sharply as it did in the 1990s, but that is no reason to undermine the progress brought by successful policies. With recent FBI data showing crime on the rise, it is time to reconsider the massive de-funding of one of the most successful federal anti-crime measures of the 1990s: the U.S. Department of Justice's Office of Community Policing Services (COPS) program. The program, authorized by the Violent Crime Control and Law Enforcement Act of 1994, provides grants to state and local police to hire additional officers and adopt aspects of "community policing."
Topic:
Civil Society, Crime, Development, and Government
Political Geography:
United States

174. Saving and Demographic Change: The Global Dimension

Author:
Barry Bosworth and Gabriel Chodorow-Reich
Publication Date:
11-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
This paper uses a panel data set of 85 countries covering 1960-2005 to investigate the macroeconomic linkages between national rates of saving and investment and population aging. The issue takes on added significance because of the recent suggestion that the decline in global interest rates has been driven by demographic changes in the industrial economies. We do find a significant correlation between the age composition of the population and nations' rates of saving and investment, but the effects vary substantially by region. They are very strong for the non-industrial economies of Asia, but weak in the high-income countries. We also find evidence demographic effects on both the public and private components of national saving. Furthermore, we conclude that the demographic effects on saving will be less disruptive than sometimes believed because of offsetting declines in investment. However, the effects on saving are stronger than those for investment, implying that most aging economies will ultimately be pushed in the direction of current account deficits.
Topic:
International Relations, Demographics, and Economics
Political Geography:
Asia

175. Brookings Foreign Policy Studies Energy Security Series: China

Author:
Erica Downs
Publication Date:
12-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
China's blistering economic growth has made access to adequate energy supplies an increasingly important priority. It is the world's second largest consumer and third largest producer of primary energy. From 2000 to 2005, China's energy consumption rose by 60 percent, accounting for almost half of the growth in world energy consumption. The country is able to meet more than 90 percent of its energy needs with domestic supplies — largely because of abundant coal reserves and a coal-based economy. However, it imports almost half of the oil it consumes.
Topic:
Security, Foreign Policy, and Energy Policy
Political Geography:
China and Asia

176. Brookings Foreign Policy Studies Energy Security Series: Japan

Author:
Peter C. Evans
Publication Date:
12-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
For decades, Japan dominated Asia's energy picture. At the time of the first oil shock in 1973, it held a 60 percent share of Asia's oil demand. During the 1980s, Japan looked to China for oil and coal as part of its energy import diversification strategy. Today, Japan remains an important energy market but its position in Asia's energy supply and demand balance is rapidly changing. In the wake of surging regional demand, Japan's share of oil consumption is likely to fall below 15 percent of total Asian consumption by 2020. Demand for its major fuel needs — including oil, gas, coal, and uranium — is expected to remain relatively flat or increase only marginally. Meanwhile, the rest of Asia's requirement for these fuels is projected to grow dramatically, leaving Japan to confront a future in which it will be a smaller energy player facing a more crowded field of competitors for these energy supplies.
Topic:
Security, Foreign Policy, and Energy Policy
Political Geography:
Japan, China, and Asia

177. Give Credit Where Credit is Due

Author:
Patrick D. Walker, Robin Varghese, Ann Schnare, Alyssa Stewart Lee, and Michael A. Turner
Publication Date:
12-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Despite the vast accomplishments of the American credit system, approximately 35 million to 54 million Americans remain outside the credit system. For a variety of reasons, mainstream lenders have too little information on them to evaluate risk and thereby extend credit. As a result, those in most need of credit often turn to check cashing services and payday loan providers, with effective interest rates as high as 500 percent. The lack of reliable credit places them at a great disadvantage in building assets (such as homes, small businesses, or loans for education) and thereby improving their lives.
Topic:
Demographics, Economics, Government, and Poverty
Political Geography:
America

178. Two Steps Back: City and Suburban Poverty Trends 1999-2005

Author:
Elizabeth Kneebone and Alan Berube
Publication Date:
12-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
The first half of the current decade brought economic uncertainty and hardship for many Americans. In stark contrast to the late 1990s, when employment and wages were growing at historic rates, the 2000s have been marked by an economic recession, stagnant wages for many workers, and job losses followed by what some have termed a “jobless recovery.”
Topic:
Civil Society, Demographics, Economics, and Poverty
Political Geography:
America

179. The State of American Cities

Author:
Bruce Katz and Alan Berube
Publication Date:
11-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
This summary report provides an overview of The State of American Cities. It addresses four major questions that are explored in further detail in the topic report: What are the current trends and drivers of change in US cities? What factors measure and explain city success in the U.S? What policies have promoted the success of US cities? What can English cities learn from this? The report argues that whilst the US and England are marked by significant cultural and political differences in their views on cities, the two nations are undergoing similar economic and demographic transitions that pave the way for a useful comparative policy dialogue on urban areas.
Topic:
Civil Society and Economics
Political Geography:
United States, United Kingdom, America, Europe, and England

180. Brookings Foreign Policy Studies Energy Security Series: India

Author:
Tanvi Madan
Publication Date:
11-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Growth demands energy. It is no wonder that India — with an economy expected to grow at over 5 percent a year for the next twenty-five years — has developed a ravenous appetite for energy. India is the world's fifth largest consumer of energy, and by 2030 it is expected to become the third largest, overtaking Japan and Russia.
Topic:
Security, Development, and Energy Policy
Political Geography:
Russia, Japan, India, and Asia