Is the U.S. headed for a recession? History tells us a near-term recession is unlikely — but emergent threats like unregulated crypto exchanges and U.S. debt servicing necessitate further measures to mitigate economic risk, writes public finance fellow Jorge Barro.
Truth-in-taxation measures, which are intended to serve taxpayers, have failed to constrain the property tax burden in Texas, write Jennifer Rabb and Lebena Varghese of the McNair Center for Entrepreneurship and Economic Growth. They argue that it is incumbent upon the government to make tax rate notices clear, relevant and above all truthful.
This paper models the oil strategy of Gulf Arab states under three future energy transition scenarios. Under the most ambitious scenario, the region would have to decouple its oil revenues from its economic growth and could face significant economic and political consequences.
In 2022, the nation faced fundamental questions about how we govern our economy and society — particularly how we formulate public policy. Here, we share 10 highlights of our work that illustrate our impact from the previous year.
In a workshop hosted by the Center for Energy Studies and the King Abdullah Petroleum Studies and Research Center earlier this year, experts considered the future of US shale oil and gas production. Given the need for oil supplies in the near term, is a new shale renaissance on the horizon?
Research scholar José Iván Rodríguez-Sánchez examines the economic impact of remittances — the money sent home by migrants working abroad — and finds varying results at the state and municipal levels in Mexico. He also warns against relying too heavily on remittances to drive economic growth.
Expanding current non-immigrant work permit categories through minimal adjustments is a way to move forward on immigration reform — one that recognizes the undocumented community for its valuable contributions, writes expert Catherine Glazer in a new policy brief for the Center for the United States and Mexico.