This working paper is one of a series submitted for the Oct. 1, 2015, Baker Institute event "Currency Policy Then and Now: 30th Anniversary of the Plaza Accord."
This study attempts to apply a rigorous approach to developing a simple 20-year projection of growth and employment in India. It should provide motivation to the political leadership in state and central governments in India to pursue reforms ambitiously to remove barriers to labor-intensive manufacturing.
Though drops in oil prices stand to impact Saudi Arabia’s economic stability, the government has turned to drawing down its foreign reserves and issuing bonds to alleviate budgetary pressures and avoid drastic domestic spending cuts. Fellow for the Middle East Kristian Coates Ulrichsen writes in the Baker Institute Blog: http://bit.ly/1fKLWG9.
Pedro da Motta Veiga, nonresident fellow for the Latin America Initiative, and Sandra Polónia Rios, director of the Centro de Estudos de Integração e Desenvolvimento, discuss the shift away from protectionism in Brazil's trade negotiations.
Pedro da Motta Veiga, Sandra Polónia RiosAugust 27, 2015
How do dynamic analysis and dynamic scoring affect fiscal policymaking? Fellow John Diamond presents his views at a U.S. Joint Economic Committee hearing.
The range of responses in the six Gulf states to the Iran nuclear deal illustrates both the diversity of regional approaches to Iran and the absence of any monolithic “Gulf position” on the issue.
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.
In a July 5 referendum, Greeks overwhelmingly rejected the terms of a bailout proposed by international creditors. Baker Institute Rice scholar Ted Temzelides blogs on the surprisingly strong vote against the rescue package, and what may lie ahead.
The startling rise of Emirates, Etihad, and Qatar Airways has reshaped global aviation markets around the three hubs of Dubai, Abu Dhabi, and Doha as the Gulf airlines have developed into what the Economist magazine has labelled “global super-connectors” capable of connecting any two points in the world with one stopover in the Gulf.Can the Gulf can sustain three aggressively expanding airlines within such a concentrated region (and market)?