Governance

"As 2015 comes to a close, the annual numbers of migrants smuggled to Greece and Italy and asylum claims lodged in Germany have passed a million, as well as the number of additional displacements produced this year by the conflict in Syria. Moreover, Europe’s Mediterranean shore has now the unchallenged title of the world’s most lethal border. Not only this. The migrant crisis is also putting to the test some of Europe’s most fundamental values, from the freedom of circulation within its territories, to international protection beyond..."

This policy brief is based on Belfer Center paper #2010-02 and an article published in Energy Policy, Vol. 38, No. 3.

Oil security and the threat of climate disruption have focused attention on the transportation sector, which consumes 70% of the oil used in the United States.
This study explores several policy scenarios for reducing oil imports and greenhouse gas emissions from transportation.

By and large, the people of Afghanistan are driven by a desire for administration and order - not by money or supreme ideology. Despite its oppressive tactics, the Taliban regime has managed to seize power and sustain it by filling a vacuum of social instability. Wardak province, which lies just three hours outside of Kabul, is a major Taliban stronghold in central Afghanistan today. The Taliban's seizure of power in Wardak serves as a microcosm of the social and political dynamics at play in the entire country. If left unchecked, more and more parts of Afghanistan risk failing into the hands of these non-governmental, rebel powers.

A higher Renminbi will have two advantages: for the United States, it will help to equilibrate the past trade imbalance; for China, it will stimulate consumption (and enhance imports). It will therefore help China switch from a purely exporting strategy to one that maintains domestic growth through internal consumption.  The goods that were to be sent abroad can now be consumed by an increasingly middle class nation at home.  These steps will bring China and the United States closer economically and increase international stability. However, unless the military-security relations of the two countries improve, this will not be a sufficient remedy for the two nations' long term problems.

The current economic crisis is fundamentally different from those we have experienced in recent past. The proximate causes of previous recessions (1980-2 and 1990-91) were increases in interest rates in response to inflation. This time around, however, low interest rates and loose monetary policy during the period 2003-2005 had contributed to a bubble in asset prices, rather than to inflation. This – coupled with an underestimation of risk in our financial system, failures of corporate governance, and excessive debt by both households and government – caused the crisis of 2007-09.

The witch's brew of high leverage, poor risk management, creation of toxic assets and poor business judgments-all made more poisonous by excessive short-term executive pay-are unprecedented failures of financial sector directors and CEOs. The result: credibility has eroded, trust has dissolved and financial re-regulation seems inevitable.

More, more severe, and new types of disasters can be expected to occur as a result of new types of threats (e.g., biological, cyber, nuclear/radiological) and more as well as more severe threats due to increased global interconnectedness and climate change. Yet, most Americans are not adequately prepared to respond to or recover from a catastrophic disaster, and many expect the government to take care of them. Even those who have experienced many common disasters such as earthquakes and hurricanes may not make appropriate preparations or exercise proper judgment in responding to new disasters that may require different responses. Although community disaster preparation is considered the purview of state and local governments, when a disaster strikes, the federal government is often called in to respond or to help with recovery. For example, New Orleans estimates that the federal government role in rebuilding that city will be $15 billion. Although all rebuilding costs cannot be averted, better citizen preparation and community standards have been shown to reduce the costs of catastrophes.

The financial crisis of the last two years has now led to a profound world recession. It calls not just for emergency measures but for major changes in our longer term policy. We need to go back to the drawing board not just on financial regulation but on macroeconomic policy and on macroeconomics itself.

PDP Co-Director Ashton B. Carter testifies before the Senate Committee on Homeland Security and Governmental Affairs.

One of the most important lessons of the Sept. 11, 2001 terrorist attacks is that, in order to respond successfully, local agencies must be able to exchange information in real time. In the past seven years, the federal government has given millions of dollars to state and local governments with the goal of improving interoperability programs. However, state and local politics often get in the way of effective use of the money. Our research provides insight and recommendations into how state and local governments can improve the effectiveness of these programs.