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 EngebretsonFebruary 16, 2023
This issue brief highlights the potential collaboration between Arab countries and China in dealing with the global energy transition, and examines the energy transition from the perspectives of the world's largest economy (China) and richest hydrocarbon region (the Middle East).
Information and cyber action have been important but ancillary components of the Ukraine war since its outbreak on February 24, 2022. We offer a set of observations:
Christopher Bronk, Gabriel Collins, Dan WallachSeptember 6, 2022
The author examines the key challenges and opportunities of integrating climate policies with Gulf Cooperation Council economic diversification strategies, particularly in Oman and the United Arab Emirates.
Contrary to expectations, the relationship between Ennahdha and the Salafis in Tunisia was destined for failure. The authors explain why, but note that the reasons young people looked to Salafism for revolutionary purity and inspiration remain. Those interested in the stability of Tunisia's regime should not take the defeat of Salafism for granted, they write.
Sabrina Zouaghi, Francesco CavatortaApril 27, 2018
While the recent fiscal troubles in Greece have received much attention, the U.S. fiscal position is hardly comparable to that of Greece. However, the United States is experiencing, and will continue to experience, one of the fundamental economic costs of relatively large and persistent deficits.