Research Library

Is the U.S. better off linking its money supply to a global commodity market or allowing an independent central bank to respond to economic conditions?

Modern contraceptive methods, such as condoms, can be stigmatized in Middle Eastern culture due to their perceived connection to illicit sexual activities, and some believe the use of condoms to be incompatible with the teachings of Islam. This issue brief examines condom use rates in the Middle East and the role of cultural orientations in contraceptive choice.

An investment strategy that generates financial returns while directing funds to entities providing goods and services to the poor is making headway in Latin America.

Despite enviable increases in educational attainment, women in the MENA countries may fare less well in attaining a form of social capital integral to their ability to exercise full political, economic and social agency: wasta — loosely, clout, or using one’s connections and/or influence to get things done.

The accession of a new king in Saudi Arabia and the kingdom’s intervention in Yemen have overshadowed important moves to reform two of the kingdom’s key institutions. Incoming King Salman has taken steps to prepare Saudi Arabia for a new generation of leaders, both within the royal family and among the world’s largest oil export sector and its marquee company, Saudi Aramco. The changes involve installing new personalities into key positions and shifting the roles of long-serving managers. "Overall, the moves ought to enhance the resilience of the kingdom and its economy by shifting leadership responsibilities to a younger generation," writes fellow Jim Krane.

Brazilian President Dilma Rousseff is starting her second term in office facing economic and political problems that feed into each other. These problems can be attributed to a large extent to mistakes her administration made during her first term. Rousseff’s macroeconomic policy proved to be inconsistent, and the choices she made in some key economic sectors, especially energy, were demonstrably disastrous. Rousseff now faces the enormous challenge of reconciling the leftwing populism that led her to victory with the inescapable need to regain the trust of the most dynamic sectors of Brazilian society, including the private sector.

The decade 2003-2013 was an exceptional one for Latin America in social terms, but less clearly so in economic terms. Growth slowed down significantly after the exceptional factors that fed the 2003-2007 boom came to an end. The possible unwinding of the super-cycle in commodity prices and, to a lesser extent, of the expansionary monetary policy of the United States, has added new challenges. But the major issue is the need to overcome the poor long-term economic performance that has characterized the region in the post-market reforms period, particularly by adopting active production sector development strategies.

Academic mobility is critical for robust collaborations in education, research and innovation between the U.S. and Mexico. Governments in both countries, in cooperation with nongovernmental actors, should provide a framework to develop mechanisms that generate and sustain a meaningful exchange of students, faculty, and staff from educational institutions at all levels of post-secondary education.

A deadly virus named MERS has spread from Saudi Arabia to over a dozen countries since 2012. While the chances for widespread infection are remote due to the virus's low human-to-human transmission rate, all governments should nevertheless support academic freedom and scientific collaboration to keep local outbreaks of viruses like MERS from becoming serious pandemics.

This issue brief examines the signals conveyed by Mexico's 2014 energy reforms, and analyzes the limitations in law, institutional design and policy that may delay, if not derail, the reforms' success.