For a successful energy transition, fossil energy companies must acknowledge the reality of climate change and the need for policies to address it — and climate advocates must acknowledge the need for secure, affordable energy for today, write fellows Anna Mikulska and Mark Finley.
This paper examines the economic impact of labor shortages in the United States during the COVID-19 pandemic and estimates how many unfilled jobs may exist by 2030. Higher levels of legal immigration could help ease the shortage of workers and boost the economy, the author writes.
The authors examine tensions in nickel supply and value chains within the context of broad aspirations to electrify transport. Through their case study, which focuses on China’s growing presence in Indonesian nickel extraction and processing, they contend that China is positioning itself as a gatekeeper to the energy transition — with vast implications for strategic planning in the United States.
High-skilled immigrants from emerging markets are playing an increasingly important role in the global knowledge economy, writes nonresident scholar Elizabeth Salamanca Pacheco. In this paper, Salamanca Pacheco explains how high-skilled migrants from Mexico are well positioned to alleviate a STEM talent shortage in the U.S. and stimulate innovation in their native country.
Morocco’s Party of Justice and Development offers the authors a rare opportunity to evaluate an Islamist party’s approach to the economy that can counter its own policies.
This paper provides evidence demonstrating that the legalization of undocumented immigrants and their inclusion in the banking system, health care insurance system and housing market would produce a positive ripple effect throughout the U.S. economy.
In an extension of an earlier analysis prepared for the American Action Forum, the authors use the Diamond-Zodrow computable general equilibrium model of the U.S. economy to simulate the macroeconomic effects of a 10-year fiscal plan financed by tax changes proposed by Joe Biden’s 2020 presidential campaign.
It has been nearly 120 years since Texas adopted the “rule of capture" as its groundwater common law, and the state acutely needs an updated system. This research paper draws upon dozens of judicial and legislative decisions made in 10 other American states to provide policymakers in Texas with a knowledge base of other groundwater common law doctrines, should they choose to update Texas' law.
David A. Gantz, the Will Clayton Fellow in Trade and International Economics, analyzes a wide range of factors — including the U.S.-China trade war, the entry into force of the United States Mexico Canada Agreement (USMCA) and the COVID-19 pandemic — that are all contributing to the pressure on the U.S. to decouple from China and to shift supply chains back to North America.
