Research Library

On August 31, 2018, the Federal Energy Regulatory Commission (FERC) and Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a Memorandum of Understanding (MOU) with the shared goal of accelerating and streamlining the permit application review process for proposed LNG facilities. Fellow Rachel A. Meidl explores the significance and possible impact of this MOU.

The 2017 Tax Cuts and Jobs Acts offers a starting point for compromise to revitalize the corporate income tax, fellows Jorge Barro and Joyce Beebe write in this issue brief.

This brief sets out some of the major structural reforms to taxes, subsidies, and debt issuance in the GCC that are shifting financial burdens from the state to its citizens and residents.

Nonresident fellow Valentine M. Moghadam analyzes Tunisian women’s employment patterns and challenges and offers some policy recommendations.

GCC states have taken an active role in supporting entrepreneurship creation, as part of efforts to diversify and grow their economies. Yet while state-led entrepreneurship policies have worked to achieve many positive outcomes, they have also revealed some major shortcomings, such as reinforcing the political status quo and limiting the possibility of genuine change toward democratization. M. Evren Tok explores these issues in both a short issue brief and longer research paper on pluralism and inclusion in the Middle East after the Arab Spring. The project is generously supported by a grant from the Carnegie Corporation of New York.

The current leaders of Egypt and Saudi Arabia are trying to assert much more political control over their respective country's religious institutions. The lesson both regimes seem to have taken away from the Arab upheavals is not the necessity of pluralism, but instead the need for more regimentation, hierarchy, control, and exclusion.

Procedural reforms can further advance the development of start-ups in Bahrain, writes the author in this evaluation of the country’s entrepreneurship ecosystem.

The authors examine the impact of draconian immigration policies on business sectors that depend on immigrants, many times undocumented, for labor. 

As the competition between the U.S. and China intensifies, energy fellow Gabriel Collins calls for U.S. leadership in a technology race that will determine global influence for decades to come.

This issue brief presents the results of a dynamic model similar in nature to the macroeconomic models used by the Congressional Budget Office and Joint Committee on Taxation in evaluating the Tax Cuts and Jobs Act of 2017. The model shows a modest decline in wealth inequality due to the corporate tax cuts in the TCJA.