OECD
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Technological Innovation: False Hope or Promising Solution to Combating Climate Change?
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From the wheel in Ancient Mesopotamia to modern artificial intelligence, technology has aided society for thousands of years. The most transformative era came during the Industrial Revolution, when machines allowed humans to produce massive quantities of goods at a fraction of previous costs. The revolution significantly increased living standards and…
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The Tolerance of American Inequality
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The killing of George Floyd in the custody of the Minneapolis police triggered widespread and persistent protests across the United States. A key flash point among protesters has been economic inequality and racism. History supports their cause—for the last thirty years, we have witnessed a steady increase in income inequality…
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The Older, the Better: Aging Nations in the Automation Era
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In 1938, Alvin Hansen—the “American Keynes”—introduced a phrase that would form the basis of worry for policymakers in developed nations the world over. In the face of plunging birth rates and ever-increasing life expectancies, OECD nations were soon to face a “secular stagnation,” with waves of retirees withdrawing from both…
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Strategic Motivations of Foreign Aid in a Changing World
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Gauging developed countries’ motivations for providing development assistance is complex. One theory suggests that governments of developed countries see foreign aid as a tool of realpolitik, using foreign aid to improve relations with recipient countries and prevent political destabilization. In a recent paper, political scientist Sarah Blodgett Bermeo examines the…
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Which Income Group Benefits from Commuting Subsidies? Lessons from Germany
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Most countries in the Organization for Economic Cooperation and Development (OECD) offer one form or another of tax breaks for commuting expenses. In countries like Germany and Denmark, the cost of commuting to and from one’s place of work is exempted from taxable income. In the United States, parking expenses are exempt…
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Does Foreign Aid Have an Effect on Economic Growth? New Research Adds to the Debate
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This piece, first published on June 15, 2016, is being republished as part of the Chicago Policy Review‘s 20th Anniversary Series. Please visit us here to learn more about the series from our Executive Editors. There is an ongoing debate about the impact of international aid on growth, particularly in developing countries. Jeffrey Sachs and William Easterly represent the two primary strains…
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Does Foreign Aid Have an Effect on Economic Growth? New Research Adds to the Debate
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There is an ongoing debate about the impact of international aid on growth, particularly in developing countries. Jeffrey Sachs and William Easterly represent the two primary strains of thought in this debate. Sachs argues that foreign aid constitutes an important instrument to reduce poverty and foster development, while Easterly suggests that foreign aid fails to reach…
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How Female Migration Can Reduce Gender Inequality
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A recent OECD study suggests that differences in the rates of immigration across gender are associated with socially-institutionalized forms of gender inequality, such as norms that restrict females’ access to education, family planning, property ownership, and labor markets. The authors study how these factors impact female migration and, in turn,…
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Using Real Time Data to Forecast Impacts of Financial Crises
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New research outlines the impact of economic crises in the Post-War Era using real time data.
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Immigration Makes Economic Sense, Say Researchers
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Study shows how the positive impact of immigration extends beyond the traditional services sector.
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Gas’s Golden Age: The World Energy Outlook
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The future of natural gas is bright. Switching to gas, though, is no panacea.