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.
As President Obama prepares for a historic visit to Havana, thousands of the island’s residents are rushing to immigrate to the U.S., hoping to beat the rumored end of a policy that lets Cubans who reach American soil remain here. Read Erika de la Garza’s take on the unsought consequences of reestablishing U.S. ties to Cuba.
Is the U.S. better off linking its money supply to a global commodity market or allowing an independent central bank to respond to economic conditions?
In this working paper, fellow John Diamond and Rice faculty scholar George Zodrow describe the Diamond-Zodrow model, which simulates the macroeconomic effects of corporate income tax reform proposals.
The number of high-skilled Mexican entrepreneurs migrating to the United States has increased in recent years, but the trend is not solely in response to organized crime activity in Mexico. This research paper analyzes the various push and pull factors that lead these entrepreneurs to seek opportunities in the United States.
Water scarcity in Jamaica has brought serious development and social challenges, as 30 percent of the poorest households rely on untreated water sources. Proper water conservation, management and adaptation approaches are required to enhance social, economic, food and health sustainability.
Trade and financial shocks have worsened Latin America’s economic prospects in the past year. Latin America — and South America in particular — are expected to perform poorly into 2016.
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."
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.
How do dynamic analysis and dynamic scoring affect fiscal policymaking? Fellow John Diamond presents his views at a U.S. Joint Economic Committee hearing.
