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The Economic Role of Paid Child Care in the U.S. Part 3: Economic Growth Modeling

May 26, 2022

This report is the third in a four-part series focused on the use of paid child care in the U.S. The report provides extensive empirical analysis on a group of factors that potentially underlie differences in paid child care usage across the states and over time. These factors were introduced and discussed in the first report in the series.Time series tests of both short- and long-run statistical causality are used to examine the empirical relationships between these factors and paid child care usage. The report then develops a model of long-run economic growth and uses it to examine the potential effects of increased maternal and female labor force participation on real income growth and paid child care usage.The results provide a helpful empirical view of the historical linkages between these factors and paid child care usage as well as the role of paid child care in economic growth. For policymakers, the results also inform the ongoing policy debate over the economic role of paid child care. 

The Economic Role of Paid Child Care in the U.S. Part 2: Labor Force Participation

May 19, 2022

This is the second report of a four-part series related to use of paid child care in the U.S. and the labor force participation of mothers. The first report focused on the use of paid child care, what percent of household income is spent on child care for those families who pay for it, and what characteristics are associated with families who pay for child care. This second report examines labor force participation in greater detail to better understand labor force attachment for mothers with children over time, as well as trends across gender, race, marital status, and women with and without children, to gain a better understanding of labor force trends in which mothers with children are a subset.The ability of many working parents to participate in the labor force is highly dependent upon access to paid child care. Paid care has historically been used by working parents for approximately 20% of children in the U.S. under the age of 15.The use of paid care is most closely associated with the labor force participation of mothers. Mothers traditionally perform most of the primary care duties for children, especially for younger children. Hence, the use of paid child care is closely tied to the decision of mothers to enter or exit the labor force. At the state level, the share of children in paid child care is highly correlated with the share of mothers participating in the labor force.This report examines both long- and short-run trends in U.S. labor force participation. The two primary measures of labor force participation are defined and discussed, and key trends are examined. Many of the key labor force trends examined are related to the role of women in the labor force, particularly women with children. The influence of sex, race, income, and marital status on the participation rate is also examined, along with the variation in participation rates across the states.

Breadbasket to Bread Lines: Global Food Security After the Russian Invasion of Ukraine

April 1, 2022

Global food prices were already rising significantly before the invasion of Ukraine. The invasion, however, has set off another round of price increases for basic foodstuffs including grains (notably wheat) and cooking oils such as sunflower oil. As the invasion continues into the spring planting season, pushing many Ukrainian farmers off their farms, the effects could easily become dire: the UN has warned of the distinct consequences of a severe food crisis later this year in many countries around the world, notably in the Middle East and Africa, with millions of people at risk of food insecurity because of higher prices and lack of supply.The Conference Board first addressed this broad subject of food security on March 15 with a paper asking "What If Russia/Ukraine Grain Trade Halts?" That paper stated that Russia and Ukraine together "supply 16 percent of global exports of grains" and examined current global "stockpiles that can be tapped for exports, and the capacity of internal infrastructure and labor to facilitate ramped up trade. India, the US, and the EU appear uniquely positioned to step in to feed the world." However, the paper also noted that "[t]he human suffering of the war in Ukraine could potentially extend out exponentially to the rest of the globe by exacerbating global food insecurity. The armed conflict . . . could seriously disrupt production and exports of grain to very vulnerable countries."This Policy Brief supplements that paper as the war has continued and also focuses on several specific issues regarding the serious prospect of global food insecurity, with particularly strong impacts in regions including the Middle East and Africa. 

What if Oil Hits US$200 per Barrel? Mapping the Potential Causes and Implications of a Rise to US$200 Oil Around the World

March 25, 2022

The prospect of Brent crude oil prices rising to US$200 per barrel may not be as remote as it sounds. What could cause such a spike and what are the implications? Major disruptions to Russia's oil production and exports could result in prices at this height—even if other countries try to step in to offset the shortage. The economic implications of US$200 oil are severe and include widespread inflation and slower economic growth around the world. 

CED Poll Shows Where CEOs Stand on Timely Issues, Including Russia, the Fed, and the Pandemic

March 15, 2022

As the war in Ukraine continues to escalate, a new survey of CEOs and Directors, released by the Committee for Economic Development, the public policy center of The Conference Board (CED), found that Russia is the top policy priority they want the President and Congress to address this year. As detailed in a new survey, Russia concerns superseded inflation and strengthening the economy, which follow closely behind.The survey gauged more than 80 CEOs and Board Directors, more than 90 percent of whom are at companies with more than $1 billion in revenue. Respondents were asked a series of questions about timely issues including the COVID-19 pandemic, the war in Ukraine, and the Federal Reserve's stance on inflation. 

Round-up: US Response to the Russian Invasion of Ukraine

February 24, 2022

President Joe Biden's announcement today included some of the most serious sanctions levied against Russia, far exceeding the sanctions imposed on Russia after its annexation of Ukraine in 2014. But they also left room for further action, including sanctions against Russian President Vladimir Putin himself, although those may be difficult to impose given the shadowy nature of Putin's financial holdings.The US administration also continued its effort to control the narrative with the scheduling of condemnation motions at the United Nations. But the president made clear that US troops were to defend NATO countries and not to fight in Ukraine. While that was intended to deter Putin's more expansionist agenda, it did leave Ukraine vulnerable to the onslaught of Russian troops.

Disaster Philanthropy Practices 2021: Optimizing Impact While Reaching Underserved Communities

November 22, 2021

This third annual report on disaster philanthropy, published by The Conference Board Environmental, Social & Governance (ESG) Center, focuses on corporate disaster philanthropy priorities, partners, and future goals. In particular, the report highlights areas where CEOs can play a role in helping companies adhere to their disaster philanthropy priorities, collaborate with other companies, and increase the efficiency and effectiveness of their efforts.

Giving in Numbers: 2017 Edition

January 1, 2017

An in-depth analysis of 2016 corporate giving and employee engagement data from the world's largest companies, which is published every year by CECP in association with the Conference Board. Previous reports are also availabe there: http://cecp.co/home/resources/giving-in-numbers/

Giving in Numbers: 2013 Edition

September 1, 2013

Developed by CECP in association with The Conference Board, "Giving in Numbers: 2013 Edition" is based on data from 2companies including 60 of the largest 100 companies in the Fortune 500. The sum of contributions across all respondents of the 2012 Corporate Giving Survey (CGS), from which the data is pulled, totaled more than $20 billion in cash and in-kind giving. This report not only presents a profile of corporate philanthropy in 2012, but also pinpoints how corporate giving is evolving and becoming more focused since before the recession of 2008 and 2009. This is the ninth annual report on trends in corporate giving.

The 2005 Corporate Contributions Report: an Analysis of the Giving Patterns of 189 Major Corporations in 2004

December 1, 2005

This report gives an analysis of the giving patterns and the total contributions of 189 major corporations in the US in 2004.

The Measure of Success: Evaluating Corporate Citizenship Performance

August 18, 2005

This is the second publication resulting from the Measure of Success research project, designed to explore the current corporate perspective on and practices in measuring corporate citizenship performance. It presents a discussion of the evolution of corporate citizenship and how the political debates have influenced measurement practice; and a discussion of measurement as a management tool in the design and implementation of corporate citizenship programmes.

The 2005 Institutional Investment Report: US and International Trends

January 1, 2005

This report covers most aspects of US and international institutional investment trends. It first covers institutional investment allocation trends and total assets, studies institutional investors in equity markets and presents global trends. Includes a summary of findings, tables and charts.