America and International Trade Cooperation
The United States’ approach to trade policy and international engagement is in a period of transition. An AESG report titled “America and International Trade Cooperation,” written by economist Chad P. Bown of the Peterson Institute for International Economics, provides a framework for evaluating the current US approach and makes specific policy recommendations. Bown puts forward ...
Addressing Inequities in the US K-12 Education System
Despite decades of federal and state policy reforms and major philanthropic investments, there are still glaring deficiencies and inequities across the US K-12 education system. In “Addressing Inequities in the US K-12 Education System,” economists Nora Gordon of Georgetown University and Sarah Reber of University of California, Los Angeles argue that reducing inequities in American ...
Business Continuity Insurance in the Next Disaster
The COVID-19 pandemic triggered an economic shock unparalleled in severity and breadth across the US economy since at least the Great Depression. The spring of 2020 saw unprecedented business closures and revenue declines. The government response was swift and unprecedented in scale. The federal government deployed two novel programs to support small businesses: Paycheck Protection ...
Data-Driven Opportunities to Scale Reemployment Opportunities and Social Insurance for Unemployed Workers During the Recovery
Job loss during recessions can have long-lasting, negative consequences for workers and their families. In particular, long-term unemployment—and the associated exhaustion of unemployment insurance (UI) benefits—is associated with sustained income loss and increases in poverty. Workers who are less-educated, racial and ethnic minorities, younger, and female are especially at risk of economic hardship and adverse ...
Introduction: Rebuilding the Post-Pandemic Economy
The COVID-19 pandemic plunged the US economy into recession, challenged the survival of millions of businesses, and threatened the economic security of American households. The recession officially lasted only two months, ending in April 2020, but looming economic challenges remain and the path of the post-pandemic recovery is uncertain. The US labor market recovery is ...
Will the climate incentives in the IRA be enough to meaningfully reduce emissions?
The Inflation Reduction Act of 2022 (the “IRA”) represents Congress’ most substantial attempt to date to lessen American reliance on fossil fuels and to transition the country’s power supply toward zero-emission sources. Per the Joint Committee on Taxation’s estimate, the Act commits approximately $369 billion toward measures aimed at improving energy security and mitigating the ...
COP27 and Climate Inequality
Much of the conversation at COP27 has focused on economic compensation and assistance for developing countries who will likely bear the greatest damages from climate change but contribute little to overall global emissions. If carbon emissions are left unaddressed, the climate crisis will not only become more costly to global health and the global economy, ...
Aspen Economic Strategy Group Releases New Policy Analysis on Why and How to Expand US Immigration
Immigration helps address the US’ growing demographic challenges posed by declining fertility and aging population and spurs economic growth Contact: Kelly Friendly kellyfriendly@gmail.com Washington, DC — December 6, 2022 — The Aspen Economic Strategy Group (AESG) today released a paper, “Why and How to Expand US Immigration”, by Tara Watson, the David M. Rubenstein Fellow ...
Book: Economic Policy in a More Uncertain World
The Aspen Economic Strategy Group’s Annual Policy Volume Economic Policy in a More Uncertain World marks the group’s 5th anniversary and is released against a backdrop historic economic and strategic uncertainty. The book’s seven chapters, each written by leading experts and edited by AESG Director Melissa S. Kearney and Deputy Director Amy Ganz, provide a ...