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Parameters Autumn 2008 Michael Lind |
A Concert-Balance Strategy for a Multipolar World The United States is a superpower in search of a strategy. The neoconservative vision of unilateral US global hegemony lacks public support, but its critics have failed to propose a credible alternative capable of guiding US national security. |
Parameters Autumn 2008 Travis Sharp |
Tying US Defense Spending to GDP: Bad Logic, Bad Policy Defense spending should be determined according to threat-based analysis and not fixed at 4 percent of the gross domestic product (GDP). |
Finance & Development March 1, 2001 Martin Muhleisen & Hamid Faruqee |
Japan: Population Aging and the Fiscal Challenge With Japan facing a demographic crisis, government finances--stretched to the limit to keep the economy afloat--have to cope with the rising strain on public pension and health systems. This article looks at the economic and fiscal costs of aging in Japan... |
Parameters Spring 2006 Nader Elhefnawy |
Toward a Long-Range Energy Security Policy An overview of US and international energy policy, including the prospects for an economy based on renewable energy, the security problems likely to result from tightening oil supplies, and a possible basis for making the transition to alternatives. |
National Defense December 2010 Nathaniel H. Sledge Jr. |
Military Spending: How Much Defense Will the American People Support? The American public must become better educated about the budget process and national security. Citizens should be aware that the current trends of government spending can be ruinous and unsustainable. |
Finance & Development September 2010 Mark Horton |
How Grim a Fiscal Future? For most advanced economies, both the near term and the longer term are tight, but there are ways to ease budget pressures |
National Defense September 2004 David M. Walker |
Defense Transformation: A Battle the U.S. Cannot Afford to Lose A crunch is coming. Although national defense and homeland security have received generous funding in recent years, this cannot continue indefinitely. Defense budgets of the future almost certainly will be tighter. It is time to recognize that we are in a fiscal hole, and stop digging. |
Finance & Development June 1, 2006 Citrin & Wolfson |
Japan's BACK! Growth in Japan, the world's second-largest economy, would have knock-on effects throughout Asia and the global economy and contribute to a more balanced pattern of global growth. This would also help to reduce global current account imbalances. |
Parameters Summer 2005 R. D. Hooker |
Beyond Vom Kriege: The Character and Conduct of Modern War While the methods used to wage war are constantly evolving, the nature and character of war remain deeply and unchangeably rooted in the nature of man. |
Finance & Development September 2011 |
Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed. |
National Defense April 2013 Nathaniel H. Sledge Jr. |
10 Reasons to Reform U.S. National Security Policy The U.S. security enterprise must be reformed to bring foreign policy in line with national values, and to enable improved fiscal health at the federal level. |
Finance & Development March 1, 2000 Leonardo Cardemil, Juan Carlos Di Tata, & Florencia Frantischek |
Central America: Adjustment and Reforms in the 1990s Following a weak performance in the 1980s, the Central American economies experienced a turnaround in the 1990s as they adopted improved policies within a more stable political environment. Now, how can they best maintain macroeconomic stability, continue structural reforms, and strengthen social policies to maximize rates of economic growth and reduce the incidence of poverty? |
Finance & Development September 1, 2000 Robert A. Feldman & C. Maxwell Watson |
Central Europe: From Transition to EU Membership The Central European countries have made considerable progress with the transition to a market economy and now face the challenge of developing macroeconomic policy frameworks on the road to EU accession. |
Finance & Development March 2009 Carlo Cottarelli |
Paying the Piper The role of medium-term fiscal policy in rebounding from the crisis. |
Reason December 2001 Brink Lindsey |
The Decline and Fall of the First Global Economy How nationalism, protectionism, and collectivism spawned a century of dictatorship and war... |
Finance & Development March 1, 2000 Catherine L. Mann |
Is the U.S. Current Account Deficit Sustainable? The U.S. current account deficit, driven by the United States' widening trade deficit, is the largest it has ever been, both as a share of the U.S. economy and in dollar terms. How much longer can the United States continue to spend more than it earns and support the resumption of global growth? |
Parameters Autumn 2006 Stephen J. Coonen |
The Widening Military Capabilities Gap between the United States and Europe: Does it Matter? Military and political experts on both sides of the Atlantic assert that the widening military capabilities gap between the United States and Europe creates a more challenging environment for transatlantic cooperation. |
Knowledge@Wharton |
How Wealthy Nations Can Avoid a Looming Retirement Crisis The extent of the global aging problem and the prospect for globally-based solutions were outlined during a conference several weeks ago on "Risk Transfers and Retirement Income Security." |
Finance & Development March 1, 2001 Alvin D.L. Hilaire |
Economic Stabilization in the Caribbean Barbados, Guyana, Jamaica, and Trinidad and Tobago simultaneously tackled serious economic difficulties in the early 1990s. The results of their adjustment programs demonstrate that fiscal reform, supported by other policies, may be the key to achieving a sustainable recovery... |
Finance & Development June 1, 2001 Ronald McKinnon |
Can the World Economy Afford U.S. Tax Cuts? The international dollar standard redux... |
Parameters Summer 2008 |
Book Reviews A. J. Langguth's book Union 1812: Americans Who Fought the Second War of Independence makes history read like a novel... Muhammad: Islam's First Great General by Richard A. Gabriel focuses on the political aspects of the religious leader... etc. |
Knowledge@Wharton January 29, 2003 |
China Can Help the U.S. Tackle Its Social Security Crisis Much has been written about the looming pension crisis in the U.S., Europe and Japan, whose populations are aging. Wharton finance professor Jeremy J. Siegel argues that economic growth in China and the rest of the developing world holds the key to dealing with the impending crunch. |
Parameters Winter 2005/2006 Jeffrey Record |
Why the Strong Lose Why has the United States fared consistently well against such powerful enemies as Nazi Germany, Imperial Japan and the Soviet Union, but its record against lesser foes is decidedly mixed? |
Finance & Development December 2010 Baldacci et al. |
Getting Debt under Control In dealing with the aftermath of the Great Recession, policymakers must pay attention to the mix of austerity policies. |
Finance & Development June 2011 |
Beyond Retirees How countries change their pension systems and whether they do it in tandem have major implications for global economic health. |
Investment Advisor November 2006 |
Remarks by Chairman Ben S. Bernanke The Coming Demographic Transition: Will We Treat Future Generations Fairly? -- Over the next few decades, the U.S. population will grow significantly older, a development that will affect our society and our economy in many ways. |
Finance & Development June 1, 2006 Anthony Elson |
What Happened? Here's why East Asia surged ahead of Latin America and some lessons for economic policy. |
BusinessWeek September 27, 2004 Laura D'Andrea Tyson |
There's Nothing Macho About Soaring Deficits Those concerned about trends in the economy during the Bush Presidency aren't wimps or pessimists but thinking men and, yes, women. |
Parameters Summer 2007 |
Book Reviews Triumph Forsaken: The Vietnam War, 1954-1965 by Mark Moyar offers fresh insights on the war... Ivan's War: Life and Death in the Red Army, 1939-1945 by Catherine Merridale is social history at it's best... etc. |
National Real Estate Investor June 1, 2005 Anthony Downs |
A Recipe Sure to End the Real Estate Boom Slower growth, higher interest rates, and higher taxes are not a recipe for prosperity. So, real estate will be part of the broader economic suffering required by the adjustments our economy must make. |
IndustryWeek August 19, 2009 |
The Competitive Edge -- Are We Investing Wisely for Our Economic Future? The U.S. lags in the global race to invest in production technology and research. |
Finance & Development September 2010 Laurence J. Kotlikoff |
A Hidden Fiscal Crisis A noted U.S. economist says debt figures seriously understate long-term budget problems in the United States |
Finance & Development March 1, 2000 Claudio M. Loser & Martine Guerguil |
The Long Road to Financial Stability Most countries in Latin America and the Caribbean weathered the economic crises of the late 1990s better than expected, thanks to the policy reforms of the past two decades. Further reform is urgently needed, however, to put the region on a faster growth path and reduce its vulnerability to external shocks. |
On Wall Street June 1, 2011 Milton Ezrati |
Reconstruction Of A Nation The horrible disaster in Japan has made clear the country's still critical role in the global supply chain and the global economy. |
Parameters Autumn 2007 |
Book Reviews Kimberly Kagan in The Eye of Command proposes that John Keegan's Face of Battle approach to narrating battles suffers fatal flaws... War Made New by Max Boot examines 500 years of military innovation... etc. |
BusinessWeek November 20, 2006 Mandel & Dunham |
Can Anyone Steer This Economy? Global forces have taken control of the economy. And government, regardless of party, will have less influence than ever |
FDIC FYI November 4, 2003 Puwalski & Williams |
Economic Conditions and Emerging Risks in Banking The two main economic concerns of the past two years, a lack of new jobs and lackluster business investment, finally appear poised to subside. |
Finance & Development September 1, 2000 Emine Gurgen |
Central Asia: Achievements and Prospects Although the five Central Asian countries in transition have made progress in moving to a market economy, they still have far to go and need to intensify their reform efforts. |
Finance & Development December 2009 Eswar Prasad |
Rebalancing Growth in Asia Asian emerging markets can improve their economic welfare by rebalancing growth toward domestic demand. |
Parameters Autumn 2006 Michael R. Melillo |
Outfitting a Big-War Military with Small-War Capabilities Unfortunately, it took the tragedy of 9/11 and the challenges posed by an adaptive enemy for the U.S. to realize it was not prepared to fight war on terms other than its own choosing. |
Finance & Development March 1, 2006 Zagha, Nankani & Gill |
Rethinking Growth Economists are reconsidering what they really know about economic growth and how to go about formulating global national policies in the absence of reliable models. |
Finance & Development June 2009 Horton & El-Ganainy |
Back to Basics: What Is Fiscal Policy? What is fiscal policy? And, how can fiscal tools provide a boost to the world economy? |
Parameters Autumn 2007 Christopher M. Schnaubelt |
Whither the RMA? The present Department of Defense (DOD) focus on technological solutions to increase capabilities may be misguided by a vision of a high-tech Revolution in Military Affairs (RMA). |
Parameters Autumn 2008 Steven L. Schooner |
Why Contractor Fatalities Matter Apprising the American public that the true human cost associated with military operations includes contractors and exceeds 6,000 is critical to making informed decisions for the future. |
National Defense July 2010 Matthew Russell |
Unmanned Systems: Can the Industrial Base Support the Pentagon's Vision? Perhaps the most revolutionary transformation in U.S. military operations during the past decade has been the rapid growth in the use of unmanned aerial vehicles. Their application in the future will transform both warfare and the civilian sector. |
Reason October 2002 Ted Carpenter |
Fixing Foreign Policy How the U.S. should wage the war on terror |
Parameters Autumn 2006 Liotta & Owen |
Sense and Symbolism: Europe Takes On Human Security A European culture with dubious historical reputation for cosmopolitanism is being thrust upon the global stage at the very moment when its geopolitical concepts are poised on the precipice of desuetude. |
Finance & Development December 2010 |
Emerging Markets Come of Age These vibrant middle-income countries survived the global recession, but face bumps as they seek to solidify their place in the world economy. |
Finance & Development September 2010 Kevin Cheng |
The Long Run Is Near France, like many advanced economies, confronts the expensive needs of a rapidly aging population |
Parameters Summer 2008 Kenneth Payne |
Waging Communication War This article sets out to explore the ramifications of poor communication and lack of support of the population in a modern war. |