The number of migrants crossing the U.S.-Mexico border far exceeds the immigration system’s capacity, and the flow is not stopping. In this brief, visiting scholar Katia Adimora talks to experts in the field about what the real issues are and how best to solve them.
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
By Hamad H. Albloshi, Kuwait University
The organization of the Kuwaiti political system is conducive to the successive rise and fall of pluralistic social movements, writes the author.
This brief is the third of four resulting from a May 2018 workshop held in Kuwait by the Baker Institute in partnership with the Alsalam Center for Strategic and Developmental Studies. This work is part of a two-year project funded by the Carnegie Corporation of New York on “Building Pluralistic and Inclusive States Post-Arab Spring.”
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.
This brief gauges the impact of India's drastic, surprise move to eliminate "black money" by requiring holders to redeem certain rupee notes by the end of the year. If not redeemed, such notes will become illegal tender.
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.
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?
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.
As the BRICS hold their seventh summit in Ufa, Russia this week, international economics fellow Russell Green and Rice student Elisabeth Kalomeris offer advice on designing the framework for the organization’s New Development Bank.
