Houston’s pension funds are in financial trouble and pose a significant risk to the financial health of the city. This paper analyzes a subset of the city's pension plans—in particular, what is normally referred to as a defined benefit (DB) plan.
Michel Temer’s ability to implement the difficult reforms Brazil needs will determine whether his legacy will be as the person who reconciled the country or as the usurper of Dilma Rousseff’s presidency, writes Latin America Initiative program director Erika de la Garza.
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.
This issue brief offers insights into the evolution and future of Mexico's Comprehensive Plan for the Southern Border to stem migration flows from Central America.
This conference report summarizes findings from a lecture by Diego Rodriguez for the event "From the 'What?' to the 'How?' in the Water-Energy Nexus: Challenges, Opportunities and Lessons Learned."
Regina M. Buono, Anna B. Mikulska, Shih Yu (Elsie) Hung, Kenneth B. Medlock IIIJuly 27, 2016
This paper analyzes the political and economic implications of the various measures Gulf States have taken in response to the fall in oil prices and government revenues and offers recommendations for sustainable economic reforms.
This issue brief examines the various foreign policy strategies advanced by Worker’s Party-led administrations in Brazil since 2003. The brief also analyzes the current political and economic crises that have increased strain on the party’s leaders.
The authors discuss the road ahead in Mexico City's restructuring as well as the challenges that remain to ensure that the city gains more political and fiscal autonomy in this post on the Baker Institute Blog.
While Mexico may indeed emerge from the recent oil price slump in better shape than most, tinkering with the solid macroeconomic foundations established by the country’s last three administrations could lead to trouble.