By continuing to implement contractionary monetary policy as the pandemic-era business cycle matures, the Federal Reserve risks overshooting a soft landing, writes nonresident fellow Jorge Barro.
Sanctions against Venezuela have reduced PDVSA and the Maduro regime's revenues, but they have failed to lead to a path toward democracy or avert Venezuela’s economic and humanitarian collapse. The authors offer policy options for the Biden administration's consideration.
Francisco J. Monaldi, José La Rosa ReyesFebruary 23, 2021
As the Biden administration confronts a difficult economic environment, experts at the Center for Public Finance highlight key policy levers Congress might use to stabilize the U.S. fiscal situation and propose three main dimensions on which fiscal policy proposals should be evaluated to ensure transparency.
Experts from the Center for Energy Studies offer nine climate policy recommendations for the Biden administration and argue that a bipartisan legislative push could accelerate a move toward significant action on climate change.
Jim Krane, Kenneth B. Medlock III, Mark Finley, Michael D. MaherJanuary 20, 2021
A pending bill in Congress would hobble OPEC by opening the door to anti-trust lawsuits against government-owned oil companies. This brief examines the multiple ways such legislation, known as NOPEC, would undermine critical U.S. interests. DOI: https://doi.org/10.25611/rezh-fc53
Fellows Gabriel Collins and Jim Krane argue in this issue brief that despite changes in U.S.-Persian Gulf trade relations, the U.S. retains an enduring interest in preserving political stability and securing oil flows from the region.
U.S. energy policy is evolving under President Trump, and the changes will affect trade, foreign policy and relations with key global energy suppliers, including the Gulf Cooperation Council member countries. Fellow Jim Krane and Elsie Hung explore how U.S. energy and climate policies could change under the Trump administration and what implications these could have in the U.S. itself, for energy markets globally and for the GCC states.
Science, technology, and innovation are vital to America’s economy and workforce, and the competitiveness of U.S. industry. The authors offer five recommendations to ensure the establishment of an effective White House Office of Science and Technology Policy.
Kirstin R.W. Matthews, Kenneth M. Evans, Neal F. LaneDecember 5, 2016
Despite many differences, the United States and Saudi Arabia maintain important mutual interests. Fellow Jim Krane explains why rebuilding ties with Saudi Arabia could incentivize the kingdom to place more importance on U.S. goals.