Research Library

This brief gauges the impact of India's drastic, surprise move to eliminate "black money" by requiring holders to redeem certain rupee notes by the end of the year. If not redeemed, such notes will become illegal tender.

This brief argues that, in contrast to the pessimism and ongoing recession in Latin America generated by the collapse of commodity prices, there are reasons for optimism in the area of external financing.

Japan's once-booming economy has been somnolent, mainly as a result of deflation and decreased productivity. This issue brief discusses Abenomics — the country's strategy for achieving economic growth — and the headwinds created by the demographic forces of aging in Japan.

Is the U.S. better off linking its money supply to a global commodity market or allowing an independent central bank to respond to economic conditions?

Trade and financial shocks have worsened Latin America’s economic prospects in the past year. Latin America — and South America in particular — are expected to perform poorly into 2016.

While the recent fiscal troubles in Greece have received much attention, the U.S. fiscal position is hardly comparable to that of Greece. However, the United States is experiencing, and will continue to experience, one of the fundamental economic costs of relatively large and persistent deficits.

This issue brief explores China’s deepening relationship with Costa Rica, which severed diplomatic relations with Taiwan in 2007 to strengthen its economic ties with the PRC. China’s relationship with Costa Rica has opened the possibility for the PRC to reach out to other countries in the region.

This issue brief identifies the four main reforms that the new Prime Minister Narendra Modi’s government must undertake to revive the manufacturing industry in India.

Mexico’s 2013–2014 energy reform promises to bring the country’s economic drivers and regulatory institutions in line with the global practices of free market democracies. If successful, this development would be a 180-degree turn. The accomplishment of such realignment is hardly assured, however.