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The effects of broadband deployment on output and employment: a cross-sectional analysis of U.S. data

While most communications sector analysts concur that the ability to deliver broadband communications is a critical feature of the modern global communications infrastructure, there is limited recent empirical research on the economic effects of broadband. In particular, much of the available research is now several...

Digital democracy: How the American and Hong Kong civil societies use new media to change politics

Democratic participation faces challenges in many modern societies, including the United States and Hong Kong. Americans are confronting growing executive power and legislative gerrymandering, and the resulting disillusionment of the electorate. Hong Kong citizens are struggling for something more basic about democracy?universal suffrage. New media...

The economics of infrastructure in a globalized world: issues, lessons and future challenges

This paper by Lowy Institute Professorial Fellow Warwick McKibbin and Timo Henckel summarises a conference held in Sydney on 18-19 March 2010, which was sponsored by the Asian Development Bank, Australian National University, the Brookings Institution, the Lowy Institute for International Policy and Worley Parsons.

Automation and artificial intelligence: how machines are affecting people and places

This report develops both backward- and forward-looking analyses of the impacts of automation over the years 1980 to 2016 and 2016 to 2030 across some 800 occupations. In doing so, it assesses past and coming trends, and suggests a comprehensive response framework for national and...

From saving to spending: a proposal to convert retirement account balances into automatic and flexible income

Retirement systems across the world are dealing with the same issues and coming to many of the same conclusions. Converting retirement savings balances into a stream of retirement income is one of the most difficult financial decisions that households need to make. This paper prosposes...
Policy report

Universal Basic Income (UBI) as a policy response to current challenges

This paper argues that for fiscal, efficiency, and equity reasons, the U.S. government should provide targeted benefits instead of universal benefits. It should not just provide cash, but rather invest in human capital and pursue redistribution through targeted spending on education, child care, health insurance...
Discussion paper

Global economic and environmental outcomes of the Paris Agreement

This study investigates the environmental and economic implications of the Paris Agreement using G-Cubed, a multi-country, multi-sector model of the global economy. It simulates policies that would achieve the commitments of countries in each of the regions and estimates how much global carbon dioxide emissions...

Job market polarization and U.S. worker skills: a tale of two middles

Views on what is happening to labor demand in the middle of the U.S. labor market are strongly divergent. Many economists argue that the middle is “hollowing out” as a result of digital technologies and globalization that make it easy for employers to replace workers...
Briefing paper

Addressing the accelerating labor market dislocation from digitalization

In this policy brief, we highlight the impact of the speed and the scale that digital innovation will have in disrupting labor markets in the future, which requires anticipating policy responses now. We advocate for the formation of new social partnerships between business, labor, governments...

States of change: how demographic change is transforming the Republican and Democratic parties

This investigation turns up a number of key findings that illuminate how significantly the compositions of the Democratic and Republican parties have changed over the years and are likely to change in the future.