Brookings Review

Quarterly magazine focuses on economic, political and foreign policy issues.

Articles from Vol. 17, No. 4, Fall

A Way out School Choice and Educational Opportunity
Education is the keystone to opportunity. Time and again, research has demonstrated that academic achievement is positively related to earning capacity, civic involvement, political efficacy, and a host of advantageous personal attributes. Without...
Beyond Consensus Much Ado about Job Training
Nearly everyone agrees that training is a valuable tool for reducing unemployment, underemployment, and income disparity as well as for increasing adaptability in the global economy. Publicly sponsored training appeals to us particularly because it...
Downsized & out? Job Security and American Workers
Two decades ago, workers entering new jobs in established firms could look about and see that most of their older and more tenured fellow workers had climbed a fairly steep wage ladder and appeared to enjoy a relatively high degree of job security....
FROM Welfare TO Work toward a New Antipoverty Agenda
Debates about poverty in the United States have for decades centered on what to do about cash assistance for those unable to work. With the enactment of weLfare reform in 1996, the debate has entered a new phase: what to do about those who can work...
Help Wanted Connecting Inner-City Job Seekers with Suburban Jobs
Cities have historicaLLy been the hubs of economic activity in America--the focal points of commerce where farmers brought crops and Livestock, where office buildings bustled, and where manufacturing industries thrived. Tn short, cities were the places...
Job Security in JAPAN Is Lifetime Employment on the Way Out?
Japanese labor markets provide a stark illustration of how varied Labor practices can be in other industrialized nations, as well as some dangers in attempting to enhance employment stability. Since the 1950s, Japan's labor markets have been characterized...
New Markets, New Opportunities? Mobility Issues in the Emerging Market
The dramatic entry of the emerging market countries into the global economy has brought issues of inequality and opportunity front and center worldwide. Indeed, as the recent international financial crisis has highLighted, even in the most successful...
New Trend in Unemployment?
The High-Pressure US Labor Market of the 1990s The recent performance of the U.S. economy has been nothing short of extraordinary. Both inflation and unemployment reached their lowest levels in 30 years in 1998. And the unemployment rate has been...
Squeezed for Time? American Inequality and the Shortage of Leisure
Most informed observers recognize that American inequality has worsened over the past generation. The gulf separating high-income families from families in the middle class and on the bottom has widened noticeably, especially since 1979. Many middle-class...
Sustaining the Good Economic News
THE REMARKABLE PERFORMANCE OF THE U.S. economy in the late 1990s--the simultaneity of strong growth, low unemployment, and quiescent inflation--has everyone asking "How long can the good news last?" Are we enjoying some brief moment of serendipity...
Winners and Losers the Era of Inequality Continues
Income inequality in the United States has grown substantially in the past quarter-century. Even the long ongoing economic recovery of the 1990s has done little to stem the tide. In the near future, market forces are unlikely to alleviate the hardship...
Worker CAPITALISTS? Giving Employees an Ownership Stake
Employees, always considered important stakeholders in American corporations, are today emerging as a key shareholder group. ALthough data tracking employee share ownership over time are spotty, an abundance of individual studies and anecdotal evidence...