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11 Results
Budget Graph
Reflecting on the Budget Control Act of 2011 and Its Relevance Now
With the 2023 debt-ceiling negotiations under way, a new issue brief from John Diamond, director of the Center for Public Finance, and Autumn Engebretson looks at the effectiveness of the Budget Control Act 2011, enacted in response to the 2011 debt-ceiling crisis. Did it in fact control the budget? And could similar legislation work now?
John W. Diamond, Autumn Engebretson February 16, 2023
Two business partners shake hands.
Can State-led Entrepreneurship Lead to Sustainable Economic Diversification and Development in GCC States?
GCC states have taken an active role in supporting entrepreneurship creation, as part of efforts to diversify and grow their economies. Yet while state-led entrepreneurship policies have worked to achieve many positive outcomes, they have also revealed some major shortcomings, such as reinforcing the political status quo and limiting the possibility of genuine change toward democratization. M. Evren Tok explores these issues in both a short issue brief and longer research paper on pluralism and inclusion in the Middle East after the Arab Spring. The project is generously supported by a grant from the Carnegie Corporation of New York.
M. Evren Tok August 30, 2018
Trade containers behind a fence.
NAFTA Does Not Matter as Much as You Think (But Renegotiation Matters a Lot)
Most analysis of NAFTA begins by citing the huge increase in bilateral trade between the U.S., Canada and Mexico since 1993. U.S.-Mexico trade—exports plus imports—has grown three and a half times faster than U.S. GDP since NAFTA began in 1994. If NAFTA were solely responsible for that trade, renegotiating it on more favorable terms might have big payoffs. However, there are seven problems with thinking NAFTA has mattered or can matter very much.
Russell Green, Tony Payan June 19, 2017
International paper currencies stacked together, showing range of colors and styles
What Happened to "Japan as Number One" ?
Japan's once-booming economy has been somnolent, mainly as a result of deflation and decreased productivity. This issue brief discusses Abenomics — the country's strategy for achieving economic growth — and the headwinds created by the demographic forces of aging in Japan.
Masaaki Yoshimori, Russell Green August 26, 2016