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AbstractHow pervasive is partisan sorting and polarization over public policies in the American public? We examine whether the barriers of partisan sorting and polarization seen in national politics extend to important local policies that shape economic development. To describe the extent of partisan sorting and polarization over local development policies, we employ conjoint survey experiments in representative surveys of eight US metropolitan areas and a hierarchical modeling strategy for studying heterogeneity across respondents. We find that strong partisans are sorted by party in some of their policy opinions, but rarely polarized. The same voters who disagree about national issues have similar preferences about local development issues suggesting a greater scope for bipartisan problem solving at the local level.

Quantitative measures of international exchange have historically focused on trade in tangible products or capital. However, services have recently become a larger portion of developed economies and international trade, and will only increase in the future. In International Trade in Services and Intangibles in the Era of Globalization, Marshall Reinsdorf and Matthew J. Slaughter examine new and emerging patterns of trade, especially the growing importance of transactions involving services or intangible assets such as intellectual property. A distinguished team of contributors analyzes the challenges involved in measuring trade in intangibles, the comparative advantages enjoyed by United States service industries, and the heightened international competition for jobs, capital investment, economic growth, and tax revenue that results from trade in services. This comprehensive volume will be necessary reading for scholars seeking to understand the rapidly changing global economy

One of the most effective ways to create good new jobs and reverse the income decline of the past decade is for the United States to "become a thriving trading nation," concludes a Council on Foreign Relations (CFR)-sponsored Independent Task Force report on U.S. Trade and Investment Policy. The report calls for the Obama administration and Congress to "adopt a pro-America trade policy that brings to more Americans more of the benefits of global engagement, within the framework of a strengthened, rules-based trading system." The growth of global trade and investment has brought significant benefits to the United States and to the rest of the world. But U.S. leadership on international trade has waned in recent years because of deep domestic political divisions over trade policy that arise largely from the very real economic difficulties too many Americans face, acknowledges the Task Force. The Task Force warns that the political stalemate "has already harmed U.S. interests and will do more if it remains unresolved. Unless the United States develops and sustains a trade policy that yields greater benefits for Americans in job and wage growth, it will be difficult to build the political consensus needed to move forward," says the report.

Freeman, R. B.: The new inequality in the United States. - S. 21-66. Branchflower, D. C. ; Slaughter, M: J.: The causes and consequences of changing income inequality. - S. 67-94. Moran, T. H.: Foreign direct investment and good jobs/bad jobs. - S. 95-117. Camarota, S. A. ; Krikorian, M.: The impact of immigration on the U.S. labor market. - S. 149-191. Lynch, L. M.: What can we do? Remedies for reducing inequality. - S. 192-215