With its increasingly diverse tasks and functions, the IRS is in need of change, writes the author. She explores the agency's performance during the COVID-19 pandemic and the challenges it faces in Law360.

A new Senate bill "declares a position on most of the unclear yet critical issues" in regulating cryptocurrency, the author writes, on which industry participants have been requesting guidance for years. What are the key provisions in this bipartisan proposal? Read the post on the Baker Institute Blog.

This paper examines the economic impact of labor shortages in the United States during the COVID-19 pandemic and estimates how many unfilled jobs may exist by 2030. Higher levels of legal immigration could help ease the shortage of workers and boost the economy, the author writes.

Blockchain technology is giving rise to a new global system that offers great promise for entrepreneurs and small businesses — but its potential will be stymied if government regulation hinders rather than embraces the transparency and democratization the technology offers, writes the author in this working paper.

This paper reviews the attempts of Mexican President Andrés Manuel López Obrador to push for reforms in the electricity sector that would strengthen the Comisión Federal de Electricidad, Mexico’s state-owned electric utility, while limiting the involvement of privately owned power companies.

Though the OPEC+ group has agreed to accelerate planned oil production increases, the move will likely do little to reduce prices at the pump, despite a major U.S. concession, writes author Mark Finley — and Russia appears to support the plan. Read more on the Baker Institute Blog.   This article originally appeared in the Forbes blog on June 6, 2022.

Abstract

Objective

The authors examined the use of Veterans Affairs Video Connect (VVC) for mental health care by…

"Creating a global norm for PPA transparency is a zero-cost step to help provide energy for everyone and deliver on the low carbon future we all need," write the authors. Read their post about power purchase agreements on the Baker Institute Blog.  This article originally appeared in the Forbes blog on June 1, 2022.

With Mexican President Andrés Manuel López Obrador pushing for the Community of Latin American and Caribbean States (CELAC) to replace the Organization of American States (OAS), which the U.S. currently dominates, the future of security relations in the Western Hemisphere is in question. This paper assesses four possible future scenarios and offers policy recommendations for a reimagined OAS.