Research Library

Stephen Mumme, nonresident scholar at the Center for the United States and Mexico, explores the recent Rio Grande water war and its temporary resolution, arguing that the 1944 water treaty has once again proven resilient and adaptable to the challenges confronting both the United States and Mexico as they share their transboundary water resources.

While recent headlines announce that President Biden's proposed budget will drive the national debt past WWII levels, fellow Jorge Barro explained in November 2020 that a projected surge will be very different from the 1940s.

Public finance fellow Jorge Barro analyzes Federal Reserve survey data released in September 2020 that shows that U.S. wealth inequality has declined for the first time in 30 years.

Gabriel Collins, the Baker Botts Fellow in Energy & Environmental Regulatory Affairs, analyzes the impact of China’s emerging demographic decline, debt burden and increasingly likely structural economic growth downshift on global oil and gas markets.

Fellow Joyce Beebe analyzes the evolving landscape of crowdfunding and considers the tax treatment of funds generated through platforms like GoFundMe and Kickstarter.

Comparing Tesla's market penetration to incumbent automakers raises questions about scale for both Tesla and the electric vehicle sector at large, writes energy fellow Gabriel Collins.

Fellow Jorge Barro studies U.S. capital markets to provide a long-term outlook on the macroeconomic consequences of unbalanced debt growth.

The author reviews four scenarios that could develop as the dispute over Turkey's purchase of a Russian-made missile defense system continues.

In the near term, a ban on shale development in Mexico will have little impact since factors like limited infrastructure and access to water would likely stall progress in any case, the authors conclude. In the long-run, a ban may adversely affect efforts to diversify Mexico’s gas supply.

The 2017 Tax Cuts and Jobs Acts offers a starting point for compromise to revitalize the corporate income tax, fellows Jorge Barro and Joyce Beebe write in this issue brief.