Research Library

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?

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).

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.”

This issue brief presents the results of a dynamic model similar in nature to the macroeconomic models used by the Congressional Budget Office and Joint Committee on Taxation in evaluating the Tax Cuts and Jobs Act of 2017. The model shows a modest decline in wealth inequality due to the corporate tax cuts in the TCJA.