Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.
Public finance fellow Joyce Beebe reviews loan programs and proposals that aim to fund mid- to large-sized entities and nonprofit organizations after the Paycheck Protection Program (PPP) stops accepting applications on June 30, 2020. Baker Institute Blog: https://bit.ly/3dh14sT
In the last of a series of reports on the USMCA, fellow David Gantz considers the trade-related matters that could affect the success of the USMCA as a mechanism for encouraging investment, creating new jobs and enhancing consumer welfare in North America.
Iron and steel production are necessary for modern infrastructure, and the sector is both energy intensive and difficult to decarbonize. The authors explore new, evolving processes that could change this and potentially provide both environmental and economic benefits.
This policy report explains how specific tools of economic statecraft can be applied to reduce risks caused by dependence on People’s Republic of China-dominated supply chains for critical goods. It offers foundational building blocks for the formulation and implementation of a larger strategy to reduce American vulnerabilities to China.
Legislation regulating commercial transport by ship is impeding economic development and growth, the authors write. Read the post on the Baker Institute Blog.
This post originally appeared in the Forbes blog on April 9, 2020.
Kenneth B. Medlock III, Michelle Michot Foss, Anna B. Mikulska, Ted Loch-TemzelidesApril 9, 2020
Understanding the strategic and tactical considerations of Saudi Arabia will be the key factor for the success of U.S. policy in the wake of the oil price crash and Covid-19 outbreak.
Mark Finley, Jim Krane, Kenneth B. Medlock IIIApril 5, 2020
Baker Institute health policy experts provide links to some of the sources they found helpful in understanding developments in the coronavirus outbreak.
Despite the Trump administration sentiment that the U.S. partner with Saudi Arabia in a joint oil alliance, such an approach is unlikely to be successful, write energy fellows Jim Krane and Mark Finley. Forbes blog: https://bit.ly/2WUa6rb
Since the first reports of the coronavirus surfaced in China two months ago, Baker Institute experts have provided a range of perspectives on the impact of a growing viral outbreak. Follow the links below for their most recent commentaries, and check back for regular updates as the situation develops in the U.S. and abroad.