Research Library

This issue brief identifies the four main reforms that the new Prime Minister Narendra Modi’s government must undertake to revive the manufacturing industry in India.

On May 22, the House of Representatives passed the National Defense Authorization Act for Fiscal Year 2015, which specifies the budget and expenditures of the United States Department of Defense and sets the policies under which money (somewhat in excess of $600 billion) will be spent on our country’s defense. However, an amendment added to the bill will keep the Department of Defense from preparing for or performing any military activities that include any construction related to climate change.

Energy regulation under Mexico's energy-sector reforms are of great interest to investors, since autonomous regulators—protected from political pressures and able to make and sustain technical decisions—can guarantee greater legal consistency than government authorities exposed to political pressures. The difficulty was finding an alternative model that ensured the institutional strengthening of the agencies without relinquishing too much control of the executive branch.

In this article, Peter Hotez, fellow in disease and poverty, summarizes 10 of the worst global “hotspots” where neglected tropical diseases predominate.

President Obama’s commencement address at West Point on Wednesday was clearly aimed at deflecting rising criticism of his administration’s foreign policy. In particular, the speech was designed to address complaints that U.S. foreign policy under Obama has lacked strategic coherence and signaled a U.S. retreat from the international arena. The administration promoted the address as a platform for the president to describe his “vision” for U.S. foreign policy during the remainder of his term. To the extent that the speech did present a vision, it was not a particularly new one.

Fossil fuel subsidies have allowed energy exporting countries to distribute resource revenue, bolstering legitimacy for governments, many of which are not democratically elected. But subsidy benefits are dwarfed by the harmful consequences of encouraging uneconomic use of energy. Now, with consumption posing a threat to long-term exports, governments face a heightened need to raise prices that have come to be viewed as entitlements. While reforms of state benefits are notoriously politically dangerous, previous experience shows that subsidies can be rolled back without undermining government legitimacy — even in autocratic settings — given proper preparation.

Mexico’s 2013–2014 energy reform promises to bring the country’s economic drivers and regulatory institutions in line with the global practices of free market democracies. If successful, this development would be a 180-degree turn. The accomplishment of such realignment is hardly assured, however.

While much media attention recently has focused on the geopolitical fault lines that connect Syria’s violence to wider region-wide trends, the plight of individual women, men, and children displaced within Syria or living in camps beyond its borders shows no sign of ending. As Secretary of State John Kerry has stated, the humanitarian situation in Syria is "an outrage" but the violence only looks set to worsen as opposition groups turn on each other and radical trans-national elements feed off the resulting vacuum of authority and control. This is the task as the international community prepares to reconvene in Switzerland on January 22, writes Baker Institute fellow Kristian Coates Ulrichsen in the Baker Institute Blog.

Edward Djerejian, founding director of Rice University’s Baker Institute for Public Policy and former U.S. ambassador to Syria and Israel, issued the following statement on the passing of former Israeli Prime Minister Ariel Sharon.

A working paper that reveals some of the possible new directions in U.S. NGLs and their future use in world markets. By Al Troner, president of Asia Pacific Energy Consulting.