Research Library

The author highlights the historical evolution, outcomes and implications of some of Japan’s most important investments in the energy sectors of resource-rich countries in the Middle East. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

Energy fellow Gabriel Collins investigates how some operators in the Permian Basin are unifying their efforts to solve the unique set of community and infrastructure challenges in the region This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

Michelle Michot Foss, fellow in energy and minerals, suggests that host governments are often not well positioned to implement market-based reforms and “liberalization.” This is problematic because foreign aid is subject to home country fiscal and political cycles. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

A quantitative study examines how heightened geopolitical risk, coupled with lower oil prices, hampers the economic potential of mega construction projects in Arab Gulf states.

Given that policymakers will eventually need to decide how to resolve the social security program’s projected shortfall, this paper presents a simulation-based approach to evaluating the conventional alternatives of adjustments to benefits or taxes.

The authors conduct a rigorous econometric evaluation of the costs and benefits of the Jones Act in the product tanker market.

The authors construct a tax competition model in which local governments finance business public services with either a source-based tax on mobile capital, such as a property tax, or a tax on production, such as an origin-based value added tax, and then assess which of the two tax instruments is more efficient.

Over a decade ago, the Inter-American Development Bank led an in-depth analysis of eight South American countries that profoundly influenced the understanding of political institutions and the policymaking process in Latin America. In 2018, the Baker Institute’s Latin America Initiative expanded the project to include four additional Central American countries: Honduras, Guatemala, El Salvador and Panama. These country reports, written in Spanish, are available below. Hace casi una década, el Banco Interamericano de Desarrollo (BID) impulso un análisis sobre ocho países suramericanos que influyó profundamente el entendimiento de instituciones políticas y el proceso de formulación de políticas públicas en América Latina. El Latin America Initiative del Baker Institute amplió el análisis para incluir a cuatro países de Centro América: Honduras, Guatemala, El Salvador y Panamá. Estos ensayos forman parte del análisis sobre los países de Centro América.    

This working paper explores the role of net operating loss carryforwards (NOLCFs) in the decision-making and valuation of large firms.

This working paper looks at less explored climate strategies that Saudi Arabia and other producer states have taken or may take in the next few years to maintain the continuity of oil exports amid the emergence of restrictions on fossil fuels.