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February 22, 2018

Puerto Rico
Counting Chickens Long Before They Hatch: Should Hurricane Maria Be Modeled as a Large Positive Growth Shock? Counting Chickens Long Before They Hatch: Should Hurricane Maria Be Modeled as a Large Positive Growth Shock?

Puerto Rico’s latest fiscal plan appears to use a best case scenario as its base case. It consequently doesn’t provide a realistic benchmark for evaluating Puerto Rico’s long-run capacity to pay.

October 2, 2017

Puerto Rico
Puerto Rico Before Maria Puerto Rico Before Maria

My new discussion paper with Greg Makoff on economic and demographic trends in Puerto Rico.

February 9, 2018

Myanmar
A group of Rohingya refugees after crossing the Bangladesh-Myanmar border, September 1, 2017. The Rohingya Crisis

Hundreds of thousands of Rohingya, a Muslim ethnic minority group, are fleeing persecution in Myanmar’s western Rakhine State, fueling a historic migration crisis.

February 1, 2018

Mexico
Mexico's President Enrique Pena Nieto stands during the promulgation of the anti-corruption laws at the National Palace in Mexico City, Mexico July 18, 2016. Mexico's Voters Have Bigger Problems Than Trump

United States institutions have led the charge against corruption and corporate malfeasance in Mexico. But they can’t replace a working homegrown legal system. For all the strides Mexico has made in …

January 23, 2018

Immigration and Migration
 African migrant holds a European Union flag Making Migration Work

The UN is right to underscore the benefits of broad-based international cooperation on migration, particularly regarding measures that could, over time, reduce migrant flows by improving conditions i…

January 18, 2018

El Salvador
Police arrest a woman as they search people for drugs and weapons during a patrol in Tegucigalpa, Honduras. Central America’s Violent Northern Triangle

Violence and rampant crime have driven asylum seekers from El Salvador, Guatemala, and Honduras to the United States, which is seeking to help address the root causes.

September 27, 2017

Puerto Rico
Puerto Rican and U.S. Flags Puerto Rico After Maria: Initial Thoughts on the Fiscal and Economic Implications

Puerto Rico faced immense challenges even before the devastation from Hurricane Maria. Its economy is 15 percent smaller now than it was ten years ago, and the latest high frequency indicators from t…

October 10, 2017

Puerto Rico
Puerto Rico Update: PROMESA, Population Trends, Risks to the Fiscal and Economic Plan—and Now Maria

A new report from the Center for International Governance Innovation (CIGI), co-authored by Brad W. Setser and Gregory Makoff.

December 28, 2017

United States
Kohl 1989 Ten World Figures Who Died in 2017

I wrote yesterday about ten Americans who died in 2017 who helped shape U.S. foreign policy during their lifetimes. But Americans are not the only ones who influence world affairs. Below are ten worl…