Kenneth Medlock, senior director at the Center for Energy Studies, testified before the U.S. House of Representatives’ Committee on Small Business on June 17. Medlock testified for the committee’s hearing, “Crude Intentions: The Untold Story of the Ban, the Oil Industry and America’s Small Businesses.” He discussed the latest CES study, “To Lift or Not to Lift? The U.S. Crude Oil Export Ban: Implications for Price and Energy Security,” which analyzes the economic and energy security impacts of the 40-year-old ban on oil exports.
With two corporate groups dominating Mexico's television sector, the country’s 2014 telecommunications reform established constitutional “must carry” and “must offer” (MC/MO) regulations. These regulations mandate that free-to-air broadcasters must allow pay TV companies to retransmit in the same coverage area without payment (must offer) and that pay TV companies must provide audiences with these free-to-air broadcasts without passing fees along to subscribers (must carry).
While the reform legislation places rhetorical importance on promoting culturally diverse and pluralistic content for all broadcast audiences, there is little substantive commitment to these ideals. The Mexican variation of MC/MO is an ad hoc policy with many flaws. Ultimately, the Supreme Court will determine the future of MC/MO in Mexico. Given the reform’s legal framework, however, content diversity and pluralism will not be enhanced by MC/MO in Mexico.
In April 2015, Chile passed a gender quota law as part of a larger reform to the country’s election laws. Quotas are not new to Latin America, and Chile is, in fact, one of the last countries in the region to adopt such a law. Yet, expectations for success must be tempered by what scholars know about making quotas effective for increasing women’s legislative representation. Analysis of gender quota laws in Latin America suggests that Chile’s quota may be less effective than proponents hope.
As Congress resumes work this spring on a bill granting Trade Promotion Authority to President Obama for completion of the Trans-Pacific Partnership trade pact, many members have sought inclusion of a chapter on currency manipulation. Currency manipulation is a legitimate concern. However, countermeasures require clear, objective identification of currency manipulation. Both the IMF and the U.S. Treasury Department have mandates to identify currency manipulation, yet neither has done so in the past 20 years. If it can be done, why has it not happened more often?
In this issue brief, Russell Green, Will Clayton Fellow in International Economics, reviews the difficulties of operationalizing a currency manipulation chapter and argues that the difficulty of identifying currency manipulation suggests serious political obstacles to implementation.
Peter Hotez, fellow in disease and poverty, testified about the continuing threat of neglected tropical diseases before the U.S. House Committee on Foreign Affairs Subcommittee on Africa, Global Health, Global Human Rights and International Organizations.
Brazilian President Dilma Rousseff is starting her second term in office facing economic and political problems that feed into each other. These problems can be attributed to a large extent to mistakes her administration made during her first term. Rousseff’s macroeconomic policy proved to be inconsistent, and the choices she made in some key economic sectors, especially energy, were demonstrably disastrous. Rousseff now faces
the enormous challenge of reconciling the leftwing populism that led her to victory with the inescapable need
to regain the trust of the most dynamic sectors of Brazilian society, including the private sector.
This year marks a turning point in Argentinian politics now that Cristina Fernández de Kirchner lacks the constitutional possibility of being reelected. And with the party system fragmented as it is, no candidate has a clear victory.
Prime Minister Benjamin Netanyahu’s victory in the March 17 Israeli elections proved one thing: He is a politician of the very highest order. His party, Likud, won and — by the standards of recent Israeli elections — won big. This is in many ways a personal triumph for Netanyahu, who is already Israel’s second-longest serving prime minister. But what will Netanyahu’s triumph mean for U.S.-Israeli relations?
The mysterious death of a special prosecutor who accused Argentina’s president of “an alliance with terrorists” has shaken the nation. If the prosecutor’s allegations prove to be true, the scandal will test whether democracy in Argentina means that all citizens — including the president — are accountable under the law.
