A proposed inflation targeting (IT) approach to monetary policy has generated vigorous debate in India, where inflation has not dropped much below 10 percent for the past eight years.
Writing about India's upcoming elections, Baker Institute international economics fellow Russell Green suggests that the national momentum is waning, and India needs a strong new government to promote a clear vision to regain its upward trajectory. Will the elections in May lead to a strong, unified government, or a weak coalition of parties?
Erika de la Garza, program director of the Latin America Initiative, discusses the political fragmentation and need for coalition building in Costa Rica, where the recent presidential election resulted in a runoff.
On Monday, three committees in Mexico’s senate — constitutional issues, energy and legislative studies — voted to bring an energy reform bill to the chamber’s floor for debate. The legislation would provide international oil companies the opportunity to participate in profit-sharing contracts and concession-like licenses for energy operations in Mexico, and it is expected to become law by the end of the legislative session Dec. 15.
The 2010 Census data indicates that more than one-third of the Houston metropolitan region is Hispanic; however, the creation of a second Hispanic-majority district is unlikely. Political science fellow Mark P. Jones offers four reasons why redistricting will not yield a new Hispanic-majority district.