Economics and Globalization Publications
The 2015 budget debate is the first since Mexico's 2013 fiscal reform was implemented, offering an important opportunity to analyze the impact of the tax policy changes on public income, and consequently, on expenditures. Three issues—tax collection, public expenditure, and the national debt—are explored in this article, all in the context of Mexico’s structural reforms and brightening yet somewhat volatile economic prospects.
The Brazil Institute releases the 2011-2013 Report of Activities
The arrival at the U.S. border in 2013–14 of tens of thousands of unaccompanied migrant children from Central America is unprecedented. Factors driving them include both longstanding challenges—chronic violence, economic despair, official corruption, and the pull of family reunification—and the myth recently disseminated by greedy traffickers of lenient U.S. immigration policy. The United States, while taking steps to deter further migration, should also focus intensively on the long term factors.
The recently concluded US-Africa Leaders Summit, which was held from August 4-6, 2014, was an opportunity to discuss key issues and define a way forward for US-Africa relations. Read Africa Program Director Monde Muyangwa's take on what needs to happen next.
This paper explores the aspects of political economy that have influenced processes of tax reform in Colombia over the last two decades.
Report from the July 1 launch of the Wilson Center’s Regional and Global Energy Series featuring former US Ambassador to Russia and Bulgaria John Beyrle, former NSC Senior Director for Russia, Ukraine and Eurasia (and former US Ambassador to Kazakhstan and Georgia) William Courtney, IHS Energy’s Director, Russian and Caspian Energy (and book co-author) Julia Nanay, and State Department International Energy Coordinator, former NSC Senior Director and former US Ambassador to Ukraine and Mexico, Carlos Pascual, who explored with Jan Kalicki and David Goldwyn the energy and broader dimensions of relations with Russia and Ukraine.
Corporate raiding in Ukraine is a widely discussed and reported problem that severely damages investment and economic development, prospects for European integration, and the welfare of ordinary people. Yet the phenomenon of raiding itself is only poorly understood, often either dismissed as inseparable from the country's broader problem of endemic corruption, or imputed to powerful and shadowy raiders thought to be immune from defensive measures by private businesses. The author's field research in Ukraine sheds light on the history, causes and methodologies of raiding, as well as on the costs and consequences of raiding for Ukraine's further development.
U.S. private and public debt to foreigners, including foreign governments, is enormous and still growing. The debt is damaging the US economy and the country’s stature as a world leader. Reducing this debt will require public action to restrain the fiscal deficit and bolster private savings and trade. Ultimately, adopting a national growth and innovation strategy would highlight key economic sectors for balancing international flows of goods, services, and capital.
Pakistan is South Asia’s most rapidly urbanizing country. In barely 10 years, nearly 50 percent of its 180 million people will live in cities (a third do today). This new publication discusses the drivers of Pakistan’s urbanization, and examines the country’s major urban challenges. It also offers a series of policy recommendations and ways forward to help tackle a trend that won’t be going away anytime soon.