China’s dominance over the supply of rare earths — which are critical for energy transition and defense technologies — should spur U.S. policymakers to bolster raw materials supply chains, write energy fellow Michelle Michot Foss and co-author Jacob Koelsch.
Michelle Michot Foss, Jacob KoelschDecember 19, 2022
As climate change continues to alter the outlook for water abundance in the Rio Grande River Basin, what mechanisms currently exist and what additional mechanisms are needed if Mexico is to comply with the requirements of the 1944 Water Treaty? Nonresident scholar Stephen Mumme and co-author Oscar Ibáñez explain.
Decentralized finance is charting a path toward increased transparency and efficiency in the financial services sector. But do the benefits outweigh the risks?
Rubén Leal Buenfil, Alexander Hernández RomanowskiDecember 1, 2022
Why does Texas have its own power grid, and how can its history inform the future of electric power in the state? Nonresident scholar Julie Cohn looks beyond the mythology surrounding the standalone Texas grid and finds that reliability and economics — not politics — were the major factors leading to isolation.
Research scholar José Iván Rodríguez-Sánchez examines the economic impact of remittances — the money sent home by migrants working abroad — and finds varying results at the state and municipal levels in Mexico. He also warns against relying too heavily on remittances to drive economic growth.
Without urgent action, the impact of China’s water shortages will ripple across the globe and dramatically perturb global markets for food, energy and industrial goods, write fellow Gabriel Collins and co-author Gopal Reddy.
How much can demographic changes account for trends in the U.S. economy? This paper shows that a heterogeneous-agent, overlapping-generations model with historical demographic flows can generate several features of the U.S. economy over the past several decades, including a secular decline in economic growth, a rise in savings relative to GDP, a corresponding decline in real interest rates, and, in part, changes in wealth inequality.