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Links Between Air Quality and Economic Growth
This report assesses what evidence exists for the ways in which local air quality could influence local economic growth and how those effects might be relevant to the Pittsburgh region.
Where Missing Data Hurts the Most
Part I of this report discusses the short- and medium-term growth prospects for countries in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent in 2019, rising to 2.6 percent in 2020 and 2.9 percent in 2021. The growth forecast for 2019 is revised down by 0.8 percentage points from the April 2019 projection. MENA’s economic outlook is subject to substantial downside risks—most notably, intensified global economic headwinds and rising geopolitical tensions. Part II argues that promoting fair competition is key for MENA countries to complete the transition from an administered to a market economy. Part II first examines current competition policies in MENA countries and to promote fair competition calls for strengthening competition law and enforcement agencies. It also calls for corporatizing state-owned enterprises, promoting the private sector and creating a level-playing field between them. Any moves to reform MENA economies would be aided by professional management of public assets, which could tap into a new source of national wealth.
Why Is Veteran Unemployment So High?
Between 2000 and 2011, younger veterans were more likely to be unemployed than younger non-veterans. This difference falls rapidly with age and time. The evidence supports the hypothesis that veteran unemployment reflects engagement in job search. There is little evidence that veterans are disadvantaged in the labor market. Limiting benefits to veterans might reduce the length of unemployment spells, but the budgetary effect is unclear.
Assessing Risk to the National Critical Functions as a Result of Climate Change
National Critical Functions (NCFs) are government and private-sector functions so vital that their disruption would debilitate security, the economy, public health, or safety. Researchers developed a risk management framework to assess and manage the risk that climate change poses to the NCFs and use the framework to assess 27 priority NCFs. This report details the risk assessment portions of the framework.
Hackers Wanted
The perceived shortage of cybersecurity professionals working on national security may endanger the nation’s networks and be a disadvantage in cyberspace conflict. RAND examined the cybersecurity labor market, especially in regard to national defense. Analysis suggests market forces and government programs will draw more workers into the profession in time, and steps taken today would not bear fruit for another five to ten years.
Handbook of Development Economics
What guidance does academic research really provide to economic policy development? The critical and analytical surveys in this volume investigate links between policies and outcomes by surveying work from broad macroeconomic policies to interventions in microfinance. Asserting that there are no universal correspondences between policies and outcomes, contributors demonstrate instead that only an intense familiarity with the development context and the universe of applicable economic models can generate successful policies. Getting cause-and-effect right is essential for policy design and implementation. With the goal of drawing researchers and policy makers closer, this volume highlights our increasing understanding of ways to combine economic theorizing with careful, thoughtful empirical work. - Presents an accurate, self-contained survey of the current state of the field - Summarizes the most recent discussions, and elucidates new developments - Although original material is also included, the main aim is the provision of comprehensive and accessible surveys
Security Politics in the Gulf Monarchies
The Gulf monarchies—Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, and the United Arab Emirates—play crucial roles in world markets and politics. Their economies, which have traditionally been driven by oil revenues, have simultaneously propelled transformative change and preserved the traditional order. Fossil fuel wealth has underwritten an implicit social contract characterized by generous welfare states, ruler-centric politics, and a heavy state presence in the economy, facilitating stability during tumultuous times. However, as the transition toward renewable energy looms, will the Gulf monarchies be able to adapt? David B. Roberts offers a definitive guide to continuity and change in ...
Rich People Poor Countries
Like the robber barons of the 19th century Gilded Age, a new and proliferating crop of billionaires is driving rapid development and industrialization in poor countries. The accelerated industrial growth spurs economic prosperity for some, but it also widens the gap between the super rich and the rest of the population, especially the very poor. In Rich People Poor Countries, Caroline Freund identifies and analyzes nearly 700 emerging-market billionaires whose net worth adds up to more than $2 trillion. Freund finds that these titans of industry are propelling poor countries out of their small-scale production and agricultural past and into a future of multinational industry and service-based mega firms. And more often than not, the new billionaires are using their newfound acumen to navigate the globalized economy, without necessarily relying on political connections, inheritance, or privileged access to resources. This story of emerging-market billionaires and the global businesses they create dramatically illuminates the process of industrialization in the modern world economy.
The Economy of Modern India
A unique examination of the development of the modern Indian economy over the past 150 years.
The Economics of Creative Destruction
Leading social scientists explore pressing issues--monopoly and inequality, growth and innovation, climate change and fraying social safety nets--through the lens of creative destruction. Far more than a theory of capitalist dynamics, creative destruction proves an important idea for illuminating a wide range of social and political challenges.
