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NADB CAIP: History & Lessons Learned
This report, published by UCLA and COLEF and supported by the Baker Institute Mexico Center, reviews the history of the North American Development Bank’s Community Adjustment and Investment Program; evaluates the program’s success and shortcomings; and applies lessons learned to create new jobs and inform the discussion on trade-related community adjustment policies in the context of the ongoing debate on the future of the USMCA. 
January 16, 2019
Transmission towers against a sunset.
Navigating the Perils of Energy Subsidy Reform in Exporting Countries
Fossil fuel subsidies have allowed energy exporting countries to distribute resource revenue, bolstering legitimacy for governments, many of which are not democratically elected. But subsidy benefits are dwarfed by the harmful consequences of encouraging uneconomic use of energy. Now, with consumption posing a threat to long-term exports, governments face a heightened need to raise prices that have come to be viewed as entitlements. While reforms of state benefits are notoriously politically dangerous, previous experience shows that subsidies can be rolled back without undermining government legitimacy — even in autocratic settings — given proper preparation.
Jim Krane May 2, 2014