Research Library

The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.

The authors argue for an identification and tax program that would allow unauthorized residents to receive identification documents and reside and work legally in the United States. In return, they would pay taxes much like any other American.

Public finance fellow Joyce Beebe explores provisions of the CARES act, Congress' third Covid-19 relief package, that benefit newly minted college graduates. https://bit.ly/3aan8DX

The pandemic has compounded Mexico's existing economic problems, and López Obrador’s response to the crisis could make recovery more difficult.

Public health and economic measures enacted to prevent the spread of Covid-19 and mitigate the financial impact on families have unintended consequences for low-income women and their children. The authors explain why.

The authors discuss a U.S. House proposal to repeal the cap on the state and local tax deduction and why that would be a mistake, especially given the pandemic and the policy responses that should be enacted. Baker Institute Blog: https://bit.ly/3e3qHix

Despite a revised institutional approach to fighting corruption, Mexico continues to face issues related to systemic corruption in the public and private arenas, writes nonresident scholar Stephen D. Morris.

Mexico’s government should prioritize early childhood education, but its decision to reduce the budget and replace a childhood centers program for the disadvantaged indicates it does not, writes graduate fellow Daniel Prudencio.

The authors explore the history of the resource curse and provide summarize the working paper series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

Michelle Michot Foss, fellow in energy and minerals, suggests that host governments are often not well positioned to implement market-based reforms and “liberalization.” This is problematic because foreign aid is subject to home country fiscal and political cycles. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”