In June 2018, Saudi Arabia finally put an end to its legal ban on women driving, opening the way for millions of new drivers to navigate across a country three times bigger than Texas. While the long-overdue policy shift provides relief to women who lacked freedom of mobility, the onset of so many new drivers has enormous consequences for transportation and the energy sector, as well as labor market participation and public health.
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.
The PJD's pragmatic politics — intended to maintain the king’s support and appeal to heterogeneous constituencies — failed to protect the party from fragmentation and moves to weaken it.
The authors seek to spark a deeper conversation on the merits of geoeconomics — i.e., using economic instruments to produce beneficial geopolitical results — as a potential source of new and scalable policy options for the US, as well as the EU and its individual member states, to bolster gas supply and national security across Europe.
Nonresident scholar Elizabeth Salamanca provides an overview of the main types of visas obtained by highly skilled migrants, and how each visa category could potentially change under the Trump administration.
The authors examine the arguments for and against source-based capital income taxation, focusing on the factors that countries must balance in thinking about the extent to which they should rely on a corporate income tax as a significant source of revenue.
Contrary to expectations, the relationship between Ennahdha and the Salafis in Tunisia was destined for failure. The authors explain why, but note that the reasons young people looked to Salafism for revolutionary purity and inspiration remain. Those interested in the stability of Tunisia's regime should not take the defeat of Salafism for granted, they write.
Sabrina Zouaghi, Francesco CavatortaApril 27, 2018
In testimony to the Texas House of Representatives Transportation Committee, fellow Gabriel Collins discusses how oil and gas activity is impacting state and county roads across Texas and offers recommendations on how to improve road quality and safety.
Fellow Joyce Beebe analyzes how changes to the exclusion limits for estate taxes passed under the 2017 tax reform will impact taxpayers and state and federal governments.