Monday July 4, 2011

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SPOTLIGHT: China


Reuters - A woman stands on a street as security guards march behind her outside the Bank of China headquarters in the financial district of Beijing August 19, 2009.

Save to My Portfolio As Number One, China to Face Hour of Choice

Richard C. Bush III, June 30, 2011

The IMF confirms that China will soon have the world’s largest economy, surpassing that of the United States. Richard Bush says this is a remarkable achievement, but what matters most is how a country chooses to use its power, for good or ill. The change, he says, will present the United States with a choice: read the worst into China’s revival or seek to influence its trajectory toward cooperation. Read More

China, China's Economy, Asia, Northeast Asia, International Relations

SPOTLIGHT: Economic Development


Ho New / Reuters - A General Motors employee works on the assembly line at the Toledo, Ohio, Transmission Plant.

Save to My Portfolio What Can Economic Development Policy Do for Manufacturing Job Loss?

Patricia Atkins, Pamela Blumenthal, Adrienne Edisis, Alec Friedhoff, Leah Curran, Lisa Lowry, Travis St. Clair, Howard Wial and Harold Wolman, June 2011

America has lost millions of manufacturing jobs since 1980—a serious economic blow to many U.S. metropolitan areas. In this new report, experts assess public policies and economic development strategies in eight areas with a large manufacturing sector that shrank between 1980 and 2005. Read More

Economic Development, U.S. Economic Growth, U.S. Economy, Jobs and the Economy, Manufacturing

Greece


Reuters/Yannis Behrakis - Demonstrators run as they are chased by riot police out of Syntagma Square during violent protests in Athens.

Save to My Portfolio Why Greeks are Angry, Scared and Trapped: The Ongoing Economic Crisis

William J. Antholis, June 29, 2011

Writing from Athens, William Antholis delves into the hard economic choice the Greek public faces: austerity measures in exchange for another round of bailouts or exit the EU entirely. Both choices come with their own set of tough consequences, argues Antholis. Read More

Greece, Banking, European Union, Europe

SPOTLIGHT: International Monetary Fund


Ricardo Moraes / Reuters - The International Monetary Fund appointed Christine Lagarde as managing director

Save to My Portfolio Christine Lagarde as IMF Chief: The Old Order Has Triumphed Yet Again

Eswar Prasad, June 28, 2011

After weeks of speculation, Christine Lagarde was named managing director of the International Monetary Fund. For emerging markets, the selection process that culminated in Lagarde's victory is still unsettling. However, Eswar Prasad explains why Lagarde's victory may signal a good outcome for the emerging markets in the long run. Read More

International Monetary Fund, Emerging Markets, Governance

Up Front – Daily Commentary from Brookings Experts
  • Staying the Course: U.S. – Africa Relations

    Melvin Ayogu, June 30, 2011

    U.S.-Africa relations have certainly been on the front burner in recent weeks. On June 6, U.S. President Barack Obama hosted Nigerian President Goodluck Jonathan at the White House. The next day, President Obama also hosted Gabonese President Ali Bongo Ondimba. Four days later in Zambia, U.S. Secretary of State Hillary Clinton addressed participants at the closing ceremony of the African Growth and Opportunity Act (AGOA) Forum. Designed to provide preferential treatment to 37 African countries deemed to be making progress in economic and political reforms, AGOA remains the core of U.S. trade policy toward the continent over the last 10 years. Secretary Clinton also traveled to Tanzania and Ethiopia, where she addressed the Africa Union and had private talks with the Ethiopian Prime Minister Meles Zenawi. Last week, First Lady Michelle Obama traveled with her daughters in South Africa and Botswana on an official visit.

  • Web Chat: The Battle Over the Debt Ceiling

    Ron Haskins, June 29, 2011

  • How Manufacturing Can Lead to Future Economic Prosperity

    Martin Neil Baily, June 29, 2011

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John L. Thornton China Center

Immediate updates on new content from the John L. Thornton China Center – including research, events, testimony and more.

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ExpertDonald Kohn

Donald Kohn is a 40-year veteran of the Federal Reserve System and served as vice chairman of the Board of Governors of the Federal Reserve from 2006 to 2010. He was recently appointed by the government of the United Kingdom and the Bank of England to serve on its interim Financial Policy Committee. Kohn focuses on issues of monetary policy, financial regulation and macroeconomics.

Metropolitan Policy ProgramState of Metropolitan America

Foreshadowing 2010 Census results, this new Brookings report and interactive map defines who Americans are—and who they are becoming—in the face of continued growth, population aging and diversification, uneven educational attainment and income polarization.

Policy CenterJohn L. Thornton China Center

The John L. Thornton China Center develops analysis and policy recommendations to help address key long-term challenges, both in terms of U.S.-China relations and China's internal development.

ExpertAlice M. Rivlin

In February 1975, the Congressional Budget Office was established with Alice Rivlin as its first director. Rivlin is an expert on urban issues as well as fiscal, monetary and social policy and directs the Greater Washington Research project at Brookings.

ExpertWilliam G. Gale

Bill Gale, the Arjay and Frances Miller Chair in Federal Economic Policy in the Economic Studies Program at Brookings, is an expert on tax policy, fiscal issues, pensions, and saving behavior. He is also co-director of the Tax Policy Center and director of the Retirement Security Project.

ExpertShadi Hamid

Shadi Hamid focuses on Islamist political parties and democratic reform in the Middle East. Prior to joining Brookings, he was Director of Research at the Project on Middle East Democracy (POMED) and a Hewlett Fellow at Stanford University’s Center on Democracy, Development, and the Rule of Law.

Research ProjectBudgeting for National Priorities

The Budgeting for National Priorities project promotes greater fiscal responsibility by developing new ideas, educating the public and finding common ground among experts and policy-makers.

ExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is the author of Shooting Up: Counterinsurgency and the War on Drugs (Brookings Institution Press, 2009).

ExpertDarrell M. West

Darrell M. West is vice president and director of Governance Studies and founding director of the Center for Technology Innovation at Brookings. His studies include technology policy, electronic government, and mass media.

ExpertDaniel Kaufmann

Daniel Kaufmann was previously the director at the World Bank Institute, leading the work on governance and anti-corruption. His areas of expertise are public sector and regulatory reform, development, governance and anti-corruption.

ExpertMwangi S. Kimenyi

Mwangi S. Kimenyi is senior fellow and director of the Africa Growth Initiative. The founding executive director of the Kenya Institute for Public Policy Research and Analysis (1999-2005), he focuses on Africa's development including institutions for economic growth, political economy, and private sector development.

TopicEnergy and Climate

What will it take to mitigate severe climate disruption? What should our priorities be in the relationship between fresh water and climate change? What will it take to help vulnerable countries and regions adapt to change already taking place?

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Stay up-to-date with our independent, high-quality research, learn about Brookings events and search our directory of experts all from your BlackBerry, iPad, iPhone or Android device.

TopicGlobal Change

How do we develop more realistic approaches and more effective means of ending intractable old conflicts and preventing new ones? How do we enhance measures to thwart nonstate actors—especially terrorists and illicit traffickers—and prevent the spread of nuclear weapons?

ExpertKatherine Sierra

Katherine Sierra is a senior fellow in the Global Economy and Development program. A former vice president for sustainable development at the World Bank, she focuses on climate change and energy.

TopicGrowth through Innovation

What new practices and mechanisms will help prevent another economic downturn from turning into a financial panic that could become a truly global meltdown? What changes in the public and private sectors will build the workforce and infrastructure required for a global information-based economy?

Policy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.

TopicOpportunity and Well-being

As they weather the current economic storm, will our governments and societies address the basic needs and aspirations of the least well-off? How can we better use education to raise individual aspirations? How should governments around the world accelerate preparations to provide social services for the billions moving from poverty into the middle class?

ExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.

Research ProjectAfrica Growth Initiative

The Africa Growth Initiative conducts high-quality policy research and analysis focused on attaining sustainable economic development and prosperity in Africa, while amplifying the voice of African researchers in policy-making and planning.

Policy CenterCenter for Technology Innovation

The Center for Technology Innovation is at the forefront of shaping public debate on technology innovation and developing data-driven scholarship to enhance understanding of technology’s legal, economic, social, and governance ramifications.

ExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families at Brookings.

ExpertRobert Kagan

Robert Kagan is an expert and frequent commentator on Egypt, the Middle East, U.S. national security, and U.S.-European relations. He writes a monthly column on world affairs for the Washington Post and is a contributing editor at the Weekly Standard and the New Republic.