Silvia Montoya

China and India, the world's two most populous countries, will exercise increasing influence in international affairs in the coming decades. This document assesses the relative prospects of China and India through 2025 in four domains: demography, macroeconomics, science and technology, and defense spending and procurement. In each domain, the authors try to answer the following questions: Who is ahead? By how much? and Why? Assesses the relative prospects of India and China through 2025 in four domains: demography, macroeconomics, science and technology, and defense spending and procurement.

In 2003, the Volcker Commission recommended that explicit pay-for-performance (PFP) systems be adopted more broadly throughout the federal government. In this occasional paper, the authors compare several proposals aimed at enhancing the role of such PFP schemes for federal civil servants, and examine the pros and cons of PFP schemes compared with seniority-based salary systems, as well as the proposals to change the General Schedule system. This occasional paper examines the pros and cons of explicit pay-for-performance schemes for federal civil servants compared with seniority-based salary systems, as well as the proposals to change the General Schedule system.