In this issue brief, public finance fellow Jorge Barro finds that lower state income taxation is associated with higher net taxpayer migration. Further, Barro explains that since the passage of the 2017 tax reform, taxpayers and earnings potential have both migrated to lower-taxing states at a faster rate.
In the wake of the collapse of Terra — a once-prosperous blockchain network that suffered one of the biggest falls in the history of cryptocurrency — the authors discuss recent government efforts to regulate digital assets.
Alexander Hernández Romanowski, Helen BrantleyJuly 22, 2022
As iron ore, copper, and lithium producers, Brazil and Chile have a competitive advantage in the global energy transition. This brief outlines the countries' opportunities to profit from their exports while reducing their domestic consumption of fossil fuels.
With its significant reserves of critical metals and other geographic advantages, Chile is well positioned to help enable the energy transition. The authors discuss the country's leveraging of its copper and lithium resources and its growing trade with China.
The term “sustainability” is a frequently misconstrued descriptor, oftentimes used synonymously with the concept of a circular economy. In this issue brief, energy fellow Rachel Meidl explains the distinction between circularity and sustainability and how a systems-level approach to waste management can build an economy that is resilient to future global disruptions.
This brief explores how the emerging use of blockchain technology in financial services could transform small business lending and improve capital access for businesses excluded by conventional lending processes.
As a potential producer and exporter of green hydrogen — a fuel that can be burned without producing greenhouse gas emissions — Chile is at the forefront of the global energy transition. However, becoming a major exporter of green hydrogen is not without its challenges, writes the author.
In this brief, public finance fellow Jorge Barro explains some of the long-term economic impacts of the COVID-19 pandemic and argues that policymakers can prepare for the impending macroeconomic shortfalls by maintaining a commitment to improving education, prioritizing immigration and resolving fiscal imbalances.