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.
Morocco's Justice and Development Party attempts to preserve its leading political position by presenting itself as an alternative to a system that, according to the PJD, is corrupt and morally bankrupt.
The responses of Morocco's monarchy to the rise of the PJD are examined for what they suggest about the monarchy’s perception of its vulnerabilities and because they help to frame the environment in which the PJD and the regime operate.
This issue brief summarizes the debate over regulatory complexity, outlines a proposal from the Federal Reserve that would simplify bank capital regulations and another from the OCC that would push the financial regulatory system toward greater complexity, and recommends reforms to help improve financial stability.
In February 2018, the Baker Institute, the American University of Beirut’s Issam Fares Institute for Public Policy, and the Carnegie Corporation of New York held a two-day conference in Beirut to examine critical challenges and effective policy options for fostering more inclusive and pluralistic systems in the MENA. Leading experts discussed issues such as post-conflict reconstruction and the economic, political, and socio-religious dimensions of pluralism and inclusion in the MENA. This report summarizes some of the participants' discussions and proposals.
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.
This report analyzes the comparable transactions method for valuing groundwater, which involves examining transactions for groundwater purchases or sales to gather pricing information, and explores how this method can be applied to groundwater valuations in Texas.
A study comparing the community benefit expenditures of two sets of Houston hospitals leads the authors to propose strategies that can better justify the tax exemptions the institutions enjoy.
Alex Alexander, Marah Short, Vivian HoFebruary 8, 2018