The IMF’s most recent World Economic Outlook (WEO), published last week, projects world economic growth will slow, from 4.8 percent in 2010 to 4.2 percent next year. Throughout the report, there are numerous concerns expressed about the “fragility” of the global economic recovery. The...

This week the Greek government reached agreement with the European authorities and the IMF for 130 billion euros in lending, as part of a new adjustment package to replace the current IMF program that began in May of 2010. Although the agreement should allow the government to avoid default in...

This report updates an earlier report from January of 2007, which found a steep rise in illegal firings of pro-union workers in the 2000s relative to the last half of the 1990s. It updates the index of the probability that a pro-union worker will be fired in the course of a union election...

This paper looks at the planned austerity measures in Spain, the rationale for the spending cuts and tax increases, likely outcomes for future debt-to-GDP ratios, and the probable results of alternative policies.

This paper looks at both the theoretical and empirical literature on capital controls and finds that capital controls can play an important role in developing countries by helping to insulate them from some of the harmful effects of volatile and short-term capital flows. The authors look at...

This report examines the unionization rates of African-American workers and finds that the relative representation of African Americans has been steadily declining in unions, manufacturing, and auto manufacturing.

This report uses data from the Bureau of Labor Statistics Consumer Expenditure Survey from 2004 to 2006 as well as data from the Congressional Budget Office to analyze the savings in prescription drug spending for seniors as a result of the Medicare Prescription Drug, Improvement, and...

This paper finds that the United States fares worse than Europe on a range of social and economic indicators, including most measures of poverty, health, education and crime.

This report details the sharp decline in African-American employment in manufacturing and in African-American unionization rates. The study, which analyzed data from the U.S. Census Bureau's Current Population Survey, shows that the share of American workers in unions continues to fall, but...

This report finds a steep rise in illegal firings of pro-union workers in the 2000s relative to the last half of the 1990s. It uses published data from the National Labor Relations Board (NLRB) to update an index of the probability that a pro-union worker will be fired in the course of a union...