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1041. Job Anxiety Is Real-And It's Global

Author:
Sandra Polaski
Publication Date:
05-2004
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
These are not normal times. Two changes in the past decade have produced a huge global oversupply of labor and intense competition for an expanding array of jobs. First, the Cold War's end threw millions of workers, who formerly produced only for the socialist bloc, onto the global labor market. And second, that market has become integrated by technological change that now permits outsourcing of service as well as manufacturing jobs. The current economic recovery will not solve the resulting global mismatch of supply and demand, and it cannot be addressed by the United States alone. Many current policies aggravate the problem. This paper proposes that the United States revise its policies and devote a concerted effort to get the major countries to work together to expand employment at that global level.
Topic:
Economics, Globalization, and Industrial Policy
Political Geography:
United States

1042. CATO Institute: Implementing Welfare Reform: A State Report Card

Author:
Jenifer Zeigler
Publication Date:
10-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
In 1996 the Personal Responsibility and Work Opportunity Reconciliation Act was signed into law, and the nation waited to see if welfare reform would truly “end welfare as we know it.” Block grant funding and administrative devolution gave the states a chance to move beyond pilot programs and prove that they could transition people off welfare more efficiently and effectively than the federal government. As a result, caseloads have dropped by more than half.
Topic:
Economics, Government, and Human Welfare
Political Geography:
United States

1043. CATO Institute: Fannie May, Freddie Mac, and Housing Finance: Why True Privatization is Good Public Policy

Author:
Lawrence J. White
Publication Date:
10-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) are the two dominant entities in the secondary residential mortgage markets of the United States. They are an important and prominent part of a larger mosaic of extensive efforts by governments at all levels to encourage the production and consumption of housing.
Topic:
Economics, Government, and Industrial Policy
Political Geography:
United States

1044. CATO Institute: Health Care Regulation: A $169 Billion Hidden Tax

Author:
Christopher J. Conover
Publication Date:
10-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Students of regulation have known for decades that the burden of regulation on the U.S. economy is sizable, with the latest figures suggesting this cost may approach $1 trillion in 2004. Surprisingly, given that the health industry is often viewed as among the most heavily regulated sectors of the U.S. economy, previous estimates generally have ignored the cost of regulating health care services.
Topic:
Economics, Government, and Human Welfare
Political Geography:
United States

1045. CATO Institute: Iraq's Odious Debts

Author:
Patricia Adams
Publication Date:
09-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Most debts created by Saddam Hussein in the name of the Iraqi people would qualify as “odious” according to the international Doctrine of Odious Debts. This legal doctrine holds that debts not used in the public interest are not legally enforceable.
Topic:
Economics and International Trade and Finance
Political Geography:
United States, Iraq, and Middle East

1046. CATO Institute: A Lesson in Waste: Where Does All the Federal Education Money Go?

Author:
Neal McCluskey
Publication Date:
07-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Since the 1965 passage of the Elementary and Secondary Education Act, which concentrated unprecedented authority over American education in the hands of the federal government, federal lawmakers have passed increasingly restrictive laws and drastically escalated education spending, which ballooned from around $25 billion in 1965 (adjusted for inflation) to more than $108 billion in 2002.
Topic:
Economics, Education, and Government
Political Geography:
United States and America

1047. CATO Institute: Deficits, Interest Rates, and Taxes: Myths and Realities

Author:
Alan Reynolds
Publication Date:
06-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The federal government's swing from budget surpluses to budget deficits has raised concerns about possible negative economic effects. Some economists have argued that deficits will raise interest rates, reduce economic growth, increase trade deficits, and possibly create a financial crisis.
Topic:
Debt, Economics, and Government
Political Geography:
United States

1048. CATO Institute: Downsizing the Federal Government

Author:
Chris Edwards
Publication Date:
06-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
The federal government is headed toward a financial crisis as a result of chronic overspending, large deficits, and huge future cost increases in Social Security and Medicare. Social Security and Medicare would be big fiscal challenges even if the rest of the government were lean and efficient, but the budget is littered with wasteful and unnecessary programs.
Topic:
Conflict Resolution, Economics, and Government
Political Geography:
United States

1049. South Africa's War against Malaria: Lessons for the Developing World

Author:
Roger Bate and Richard Tren
Publication Date:
03-2004
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Malaria imposes enormous human suffering and economic costs on many poor countries. For South Africa, which has a relatively minor malaria problem for a developing country, from 2000 to 2002 the economic cost ranged between US$15 million and US$41 million, excluding estimates of the human suffering and estimates of lost investment in malarial areas..
Topic:
Economics, Environment, and Human Welfare
Political Geography:
Africa and United States

1050. Africa's Debt Iraq's Debt - Washington's Double Standard

Publication Date:
04-2004
Content Type:
Working Paper
Institution:
Africa Policy Information Center
Abstract:
This week when the World Bank and International Monetary Fund (IMF) hold their annual spring meetings in Washington, DC, Africa's debt crisis will hardly appear on their agenda.
Topic:
Foreign Policy, Economics, Human Rights, Human Welfare, and Poverty
Political Geography:
Africa, United States, Iraq, Washington, Middle East, and Arabia