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.

Abstract

Alternative economic theories yield dramatically different prescriptions for optimal capital taxation in small…

This working paper analyzes the prospects of Iran changing its domestic and foreign policy behavior over the longer term, and outlines what the United States and others can do to promote such changes.

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.

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.

In this brief, the authors examine the link between oil and female labor force participation in the Middle East and North Africa.

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 relationship between Mexico and Texas is in dire need of reassessment, given the chasm between the reality of the countries’ economic and cultural relationship and the political rhetoric that surrounds it.

The accession of a new king in Saudi Arabia and the kingdom’s intervention in Yemen have overshadowed important moves to reform two of the kingdom’s key institutions. Incoming King Salman has taken steps to prepare Saudi Arabia for a new generation of leaders, both within the royal family and among the world’s largest oil export sector and its marquee company, Saudi Aramco. The changes involve installing new personalities into key positions and shifting the roles of long-serving managers. "Overall, the moves ought to enhance the resilience of the kingdom and its economy by shifting leadership responsibilities to a younger generation," writes fellow Jim Krane.