Congress is considering proposals to improve its financing of long-term care. The key issue is whether it should support a social insurance program or a program targeted to a population group defined by income and assets. Social insurance is expensive, costing between $15 and $20 billion. For the most part, it provides benefits--primarily asset protection--to middle- and upper-income individual...

A growing literature of poverty traps advocates that social protection can be more effective in addressing poverty dynamics if it accounts for a critical threshold, around which both equilibrium outcomes and optimal behavior bifurcate. In this paper, we account for this type of threshold, and ask whether insurance can achieve the goals of social protection. Unlike traditional publicly-provided ...

I analyze the manner in which multinational enterprises facilitate technology transfer from the North to the South, and the role played by the protection of intellectual property. Different industries respond to changes in intellectual property protection (IPP) regimes differently, and will alter their mode of entry accordingly. Firms with complex but easily imitable products will tend to inter...

To view the full product, including the scope and methodology, click on the link above. Drinking water and wastewater utilities that GAO reviewed reported benefiting from comprehensive asset management but also finding certain challenges. The benefits include (1) improved decision making about their capital assets and (2) more productive relationships with governing authorities, rate payers, an...

....................................................................................................................3 1.1 Introductory Notes ...............................................................................................3 1.2 TCE and the CP ..................................................................................................4 1.2.1 Difference and Similarities..........

INTRODUCTION The global science system stands at a critical juncture. On the one hand, it is overwhelmed by a hidden avalanche of ephemeral bits that are central components of modern research and of the emerging ‘cyberinfrastructure’4 for e-Science.5 The rational management and exploitation of this cascade of digital assets offers boundless opportunities for research and applications. On the ot...