Shifts in global economic dominance are by nature tectonic and never precipitated by single events. The Great Recession of 2008-09, however, has presented the European Union, its common currency the euro, and the United States with new global challenges. The transatlantic partnership has...

It is generally accepted that Social Security must be reformed, but there is little agreement on what should be done to reform the program. US Pension Reform: Lessons from Other Countries looks at the social pension reforms of twelve other countries, assesses the current US Social Security...

Kirkegaard explores the increasingly dysfunctional state of present US high-skilled immigration laws and recommends a coherent set of immediate reforms, which should aim to facilitate continuously high and increasingly economically necessary levels of high-skilled immigration to the United...

Information technology (IT) was key to the superior overall macroeconomic performance of the United States in the 1990s--high productivity, high growth, low inflation, and low unemployment. But IT also played a role in increasing earnings dispersion in the labor market--greatly rewarding workers...

Europe grew rapidly for many years, but now, faced with greater challenges, several of the large economies in Europe have either failed to generate enough jobs or have failed to achieve the highest levels of productivity or both. This study explores why Europe's growth slowed, what contribution...

Shifts in global economic dominance are by nature tectonic and never precipitated by single events. The Great Recession of 2008–09, however, has presented the European Union, its common currency the euro, and the United States with new global challenges. The transatlantic partnership has...