In 1930, fewer than 10% of farms in the US had access to electricity. By the mid-1950s, almost every farm in the country had electricity. While the US was able to extend electricity to its rural locations rapidly over a 25-year period, much of the developing world still remains without electricity today. In 2012, 1.3 billion people lived without electricity worldwide.
US electrification in the 1930s
Carl Kitchens, 29 January 2014
Counting thy numbers: Defining and measuring fossil fuel subsidies
Ronald Steenblik, Jehan Sauvage, Jagoda Egeland, 15 September 2012
Fossil fuel subsidies have attracted renewed attention following the Pittsburgh Summit of September 2009, where leaders of the G20 committed to “rationalise and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption” (G20 2009). Leaders of the G8 and of APEC have subsequently issued similar statements.
Industrial policy works for smaller firms
John Van Reenen, 17 February 2012
The Great Recession has brought industrial policy back into fashion. Huge subsidies have been granted by governments around the world to private firms, most dramatically in financial services, but also in other sectors like automobiles (see for instance Evenett 2011).
Tax policies for low-carbon energy
Gilbert E. Metcalf , 27 June 2009
Nearly all economists agree that the most efficient way to address environmental problems is to raise the cost of the pollution-generating activity.
Trade protection: Incipient but worrisome trends
Richard Newfarmer, Elisa Gamberoni, 4 March 2009
With the global economy teetering on the abyss of severe recession, political pressures demanding import protection to protect employment are surfacing with increasing intensity around the world.
Can production subsidies explain China’s export performance?
Sourafel Girma, Yundan Gong, Holger Görg, Zhihong Yu , 8 July 2008
China’s exports are booming and – somewhat surprisingly – not just in labour-intensive goods.
Now is the time to reduce international trade and migration barriers
Kym Anderson, L Alan Winters, 21 April 2008
In June 1930 the Smoot-Hawley tariff act in the US turned a stock market collapse into a crippling, decade-long Great Depression. Now, with a financial meltdown going on, is therefore NOT the time for politicians to be more protectionist.
- Predicting economic turning pointsAhir, Loungani
- How rich nations benefit from EU membershipCampos, Coricelli, Moretti
- The chartbook of economic inequalityAtkinson, Morelli
- Taxing, spending, and inequalityClements, Coady, de Mooij, Gupta
- How poorer nations benefit from EU membershipCampos, Coricelli, Moretti
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Claessens, 18 April 2014
Campos, Coricelli, Moretti
Ostry, Berg, Tsangarides