Research Library

Rather than offer a forecast that may overstate or understate Covid-19's impact on the U.S. and global economy, the authors highlight what to look for as the pandemic progresses, recedes or oscillates.

A social safety net in the form of unemployment benefits, job training, etc. can help cushion the blow for workers when economic events beyond their control (like the Covid-19 pandemic) cause companies to shed workers, writes Mark Finley, fellow in energy and global oil.

The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.

International and domestic oil and gas markets and prices are under heavy pressure from COVID-19 impacts and the Russian-Saudi Arabia oil market battle. With, all eyes are on U.S. domestic producers, especially those occupying the shale patch, Michelle Michot Foss, fellow in energy and minerals, provides some important considerations for the U.S. oil and gas industry. Forbes Blog: http://bit.ly/2WqVEqt

Policymakers have only begun to take steps to manage the tax-related issues arising from the sharing economy, not to mention the social, commercial and legal challenges it has generated. Baker Institute Blog: https://bit.ly/2O0VOlN

"With the U.S. and Iran staggering toward war, it bears asking: How would U.S. interests be served by war with Iran?" writes fellow Jim Krane. Read his argument for why U.S. interests would be deeply undermined by any such war on the Baker Institute Blog.  This post originally appeared in the Forbes Blog on June 17, 2019.

Part 2 of a two-part blog on China’s economy. Part 1 can be found here.

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Governments of the Caribbean Community and Common Market (CARICOM) have called for a discussion on the decriminalization of marijuana after a pilot study found that legalized medical marijuana sales could boost the region’s ailing economies. As a result, the topic was an important agenda item at a CARICOM Inter-Sessional Heads of State Summit held in March 2014. Two aspects of decriminalization were discussed: decriminalization for medical use and decriminalization for recreational use.