This brief examines trends in energy demand patterns highlighted by 2018 energy outlooks prepared by the U.S. Energy Information Administration, the International Energy Agency, and BP.
In June 2018, Saudi Arabia finally put an end to its legal ban on women driving, opening the way for millions of new drivers to navigate across a country three times bigger than Texas. While the long-overdue policy shift provides relief to women who lacked freedom of mobility, the onset of so many new drivers has enormous consequences for transportation and the energy sector, as well as labor market participation and public health.
Cultural myths — and by extension, the suppositions they inspire — have played a major role in shaping Venezuela's relationship with and management of oil resources throughout much of the last 100 years, writes nonresident fellow Luis Pacheco. To achieve sustainable economic and social development, Venezuela must move beyond such beliefs and establish a new approach that is more attuned to current times.
At least four states are currently considering a gross receipts tax (GRT) to improve revenues, yet Texas legislators have made attempts to repeal its franchise tax, a form of the GRT. Fellow Joyce Beebe examines this apparent conflict.
The landscape is changing for foreign direct investment in Latin America. Investments flow not only from north to south, but also from south to south and south to north. What's more, relatively small firms in developing countries are becoming as likely as multinationals to invest abroad.
A universally agreed-upon definition of the U.S.-Mexico border region is elusive, to say the least. The boundaries vary widely depending on the government entity or academic institution involved. This brief reviews the many officially sanctioned definitions of the region, and explains why a consensus is necessary for effective border management.
Brazil's economy is among those most closed to foreign trade. Debate on trade policy has returned to the political agenda, but domestic and international circumstances do not currently favor reform. This brief discusses the outlook for trade policy reform in Brazil during President Michel Temer's term and the challenges that will be faced by any succeeding government.
Drug Policy Program director Bill Martin summarizes the scientific and fiscal evidence supporting the efficacy of syringe exchange programs and outlines a framework for public policies to deal with this aspect of drug use and abuse.