June 10 Sources: Europe's Productivity Gap

There is an interesting study this week called, Europe’s productivity challenge. Europe suffers a 32% output per capita gap compared with the U.S. According to the study, Europe can catch up, if it encourages competition, regulates business more astutely and changes the role of the state. The study also makes an interesting point re relative vs. absolute differences.

Although the relative position of Europe's poor is better than those in the U.S., their absolute position (i.e. what they can buy with their incomes) is similar because of the productivity gap. Other sources follow.

Adjusting to the Realities of a Democratic Indonesia - In Washington, inertia often carries the day on even the most anachronistic policy ideas. Congress proved this axiom on June 5 when appropriators in the House of Representatives slashed and conditioned the Administration's request to provide military assistance to Indonesia.

Betting on Biofuels - Biofuels might help meet the world's energy needs and cut greenhouse gas emissions to boot, but major factors affecting their profitability—the price of other fuels, feedstock costs, regulation, and processing technologies—are in flux.

Can Africa Be Saved by Private Aid? - Some programs funded by philanthropists seem to be working. Pop star Bono wants rich countries to do more.

Could More Competition Have Solved the Post-Katrina Insurance Problems on the Gulf Coast?

Philanthropy...It's Definitely Not for Wimps: Reflections on Faith and Finance - Great audio program.

Background on Biosolids Applications

Fred Thompson's Potential Appeal; President Bush's Sinking Approval - A new Pew Research Center for the People & the Press survey finds broad potential appeal among Republicans for the all-but-announced candidacy of former Sen. Fred Thompson; meantime President Bush's approval rating has sunk to an all-time low of 29%.

Jefferson Indictment Aside, Speaker Pelosi Has Been on a Roll - Aside from the indictment of Representative William Jefferson, the House has performed well of late under Speaker Nancy Pelosi's leadership.

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Romney on Foreign Affairs - Washington is as divided on foreign policy as it has been at any point in the last 50 years. As the "greatest generation" did before us, we must move beyond political camps to unite around bold actions in order to build a strong America and a safer world. We must strengthen our military and economy, achieve energy independence, reenergize civilian and interagency capabilities, and revitalize our alliances.

Segregating the Leaders from the Followers - Watch the GOP reactions to the Supreme Court school cases.

Two in Five U.S. Adults Would Not Vote for Rudy Giuliani for President if He Was the Republican Nominee

"Merit-Based" Immigration Under S.1348: Bringing In the High-Tech Waitresses

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Will the Bush Administration Cave in to Political Pressure from Trial Lawyers? Judges and politicians must not allow securities litigation to continue to spiral out of control.

How I Rethought Immigration - The tale of one scholar's evolving views on immigration.

Contagious Liability Would Sicken Our Capital Markets - The Stoneridge case could make nearly anyone liable for securities fraud at public companies.

EARLYBIRD: PUNDITS The ostensible "genius" of Paris Hilton and a eulogy for the end of "The Sopranos."

Can Principles-Based Regulation Work in the United States? - "Principles-based" regulation will face challenges in the United States from American culture, the plaintiffs bar, converging accounting standards, and a legitimate case for "rules-based" regulation.

English Language Learners Lag - As Congress considers reauthorization of the No Child Left Behind (NCLB) law, a new analysis by the Pew Hispanic Center of national standardized tests shows that the one-in-ten public school students designated as "English language learners" lag far behind whites in reading and math.

But Most States Show Gains in Both Reading and Math - A new analysis of state (as opposed to national) test results show dramatic improvements since passage of the NCLB Act five years ago, but it's too early to tell if the gains are linked to the law, a new report finds.

Extensively Drug-Resistant Tuberculosis (XDR-TB): Quarantine and Isolation - The recent international saga of a traveler with XDR-TB, a drug-resistant form of tuberculosis, has placed a spotlight on existing mechanisms to contain contagious disease threats and raised numerous legal and public-health issues. This report will briefly address the existing law relating to quarantine and isolation, with an emphasis on the interaction of state and federal laws and international agreements.

Fixing No Child Left Behind - Legislators can and should take steps to improve No Child Left Behind's prospects of success.

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Most U.S. Adults Believe in the Importance of Organ Donation but are Ambivalent about How to Increase the Numbers of Donors

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Numbers: Paris Hilton, Electronic Spam, Political Loyalties, and More -A brief analysis of current public opinion on Paris Hilton, electronic spam, political loyalties, and more.

Public Mixed on Immigration Bill; Most Favor Conditional Amnesty - The public is ambivalent about the immigration bill being debated in the Senate, but a majority favors one of its key goals – providing a way for illegal aliens to become citizens. The public supports such a provision even when it is described as "amnesty," a new Pew survey finds.

TB Story: Lots of Coverage, Lots of Interest - News about an Atlanta man infected with a dangerous form of tuberculosis and the saga of his travels abroad was the second most closely followed news story of the week - trailing only the situation in Iraq. Nearly a quarter of the public (23%) said it was the story they followed most closely. Coverage of the story was also intense, filling 12% of the newshole.

Darfur: Public Wants to Know More; Many Support U.S. Involvement - As world leaders gather in Germany for the annual G-8 meeting, the humanitarian crisis in Darfur will be high on their agenda. Pew's latest surveys find nearly half of Americans believing the United States has a moral obligation to do something about the ethnic genocide there, and a modest plurality thinking the U.S. should send troops.

Europe's productivity challenge - Europe suffers a 32% output per capita gap compared with the U.S. Europe can catch up. But to do so it must encourage competition, regulate business more astutely, change the role of the state, and develop new competitive strategies.

Fading Hopes for Somalia Crisis - Hopes for a peaceful political resolution to the crisis in Somalia are dimming, as a power struggle between the Ethiopian-backed Transitional Federal Government (TFG) and clan-based and Islamist militias continues to wrack Mogadishu.

Great Britain and the International Coalition in Iraq - The war in Iraq is not only America's war: It is Britain's too. An early withdrawal of British or American troops would have catastrophic implications for the future of the country and would be seen by many Iraqis as a betrayal of trust.

Sarkozy Prepares a Coup de Grace - Currently, polls suggest his party will win up to twice as many seats (IHT) in the 577-seat National Assembly as its Socialist rival. CFR’s Célia Belin said in a podcast, “The French people will want to give the president the capacity to govern.”

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Today’s Iraqi Refugees Key to Tomorrow’s Stability -The aftermath of Tiananmen Square in China could hold some lessons for Iraq

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China’s Plan for Global Warming: Wait for the US - With the G-8 summit addressing climate change, all nations expect the US and China to play pivotal roles

Climate Change: U.S. vs. Europe - George Bush is in Europe for this year's big G8 meeting of industrialized nations. The Germans are running the meeting. At the heart of the agenda: doing something big and urgent about global warming.

Draft Energy Bill Would Block State Action on Global Warming

Global Warming - President Bush heads to the G-8 summit after proposing a new international climate change framework and China announces its own national policy. A look at where world leaders might find common ground and the politics of global warming in the U.S.

Posted by Jack at June 10, 2007 12:10 AM
Comments
Comment #222785

Jack, I think no one had responded because you have taken on everything in the world but cereal and movie revues on the latest Disney offering.

While Europe seeks to undo the damage it has created in it’s economies, the US is being pushed hard by the US left to follow the same failed policies of Europe. The US left wing in my opinion buys into the European liberalism that feels the US should weaken it’s economy, lower it’s productivity and become a second class nation and cease being a world leader.

Hillary will most likely be the next president of the US and have you heard her speech’s? This woman is promoting socialism when she thinks no one is listening….follow the yellow brick road to a lousy economy. I don’t need to work hard to get ahead, Hillary is going to take from the rich and give to me….Uh ohh, Hillary now thinks I’m rich and she’s going to take what I have and give it to the ‘deserving poor’.

Posted by: Stephen at June 10, 2007 10:35 PM
Comment #222787

Stephen

I do not expect many people to respond. I put these up as a public service.

We usually get one or two. Sometimes a separate conversation starts.

Posted by: Jack at June 10, 2007 10:55 PM
Comment #222804

Europe suffers a 32% output per capita gap compared with the U.S.

Perhaps you can fill in some missing facts from your reading, Jack, since one cannot access the whole thing on-line without registering. What is included in “Europe?” Just EU? Every country that is in the Council of Europe? Just EU before Fall of Communism? Does it include Russia? I think a comparison of the US with “Europe” that seeks to say how much better off the USA is requires that clarification.

I don’t think it is fair to lump the economies of countries like Russia, Turkey, Serbia, etc. with those of France, Germany, and Sweden and call it anything close to apples-to-apples comparisons, if indeed that is what has been done here.

Posted by: bobo at June 11, 2007 12:26 PM
Comment #222850

Jack

Had to laugh when I saw this:

Two in Five U.S. Adults Would Not Vote for Rudy Giuliani for President if He Was the Republican Nominee

Two in five U.S. adults don’t vote. Period.

Posted by: mental wimp at June 11, 2007 7:39 PM
Comment #222852

Jack, hopefully the gap on productivity is due to the Europeans have learned from what the corporist thugs have done in this Country. We Americans have struggled to become the most productive society in the World only to watch big business take the jobs and ship them overseas to child labor countries including communist China.

Posted by: j2t2 at June 11, 2007 7:48 PM
Comment #222871

bobo

They are talking about the EU. The EU is a valid comparison to the US. Individual countries may be compared to individual states. Germany, for example, has a per capita GDP about the size of Arkansas’ Some of the new members are poorer than any US states, but the richer ones are like Connecticut. But if we compare the whole EU with the whole US we get a better picture. Russia, Turkey & Serbia are not EU members. Neither is Norway or Switzerland.

j2t2

The U.S. unemployement rate is much below that of the EU as a whole. As I wrote above, you can cherry pick (or pair) states and EU members, but the overall comparison is more valid. It must be that the EU shipped even more jobs, since they have fewer of them.

Mental

Yeah, those polls do not mean much at this time. Let’s hope that those who will not, or cannot figure how to vote are among the least informed.


Posted by: Jack at June 11, 2007 9:28 PM
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