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13 Results
The flags of Canada, Mexico, and the U.S.
The USMCA's Future in Context
In the last of a series of reports on the USMCA, fellow David Gantz considers the trade-related matters that could affect the success of the USMCA as a mechanism for encouraging investment, creating new jobs and enhancing consumer welfare in North America.
David A. Gantz June 16, 2020
Man in handcuffs
The State of Corruption in Latin America
By Paul Lagunes, Baker Institute for Public Policy; Xiaoxuan Yang, Columbia University; and Andrés Castro, Columbia University. Corruption is a persistent problem throughout Latin America. Higher rates of perceived corruption are associated with lower levels of economic welfare and direct foreign investment, write the authors.
Paul Lagunes, Xiaoxuan Yang, Andrés Castro July 8, 2019
Transmission towers against a sunset.
Navigating the Perils of Energy Subsidy Reform in Exporting Countries
Fossil fuel subsidies have allowed energy exporting countries to distribute resource revenue, bolstering legitimacy for governments, many of which are not democratically elected. But subsidy benefits are dwarfed by the harmful consequences of encouraging uneconomic use of energy. Now, with consumption posing a threat to long-term exports, governments face a heightened need to raise prices that have come to be viewed as entitlements. While reforms of state benefits are notoriously politically dangerous, previous experience shows that subsidies can be rolled back without undermining government legitimacy — even in autocratic settings — given proper preparation.
Jim Krane May 2, 2014