167 Results for:

June 14, 2012

Europe
G20 Summit Overshadowed by Euro Crisis

The eurozone crisis is expected to dominate the upcoming G20 leaders’ summit, as the organization works to stay relevant and move forward on a full agenda, says this Expert Roundup.

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.

August 15, 2018

Disasters
Loren Elliott/Reuters U.S. Disaster Relief at Home and Abroad

The U.S. government responds to scores of disasters each year, coordinating closely with state, local, and foreign partners. However, more frequent and severe storms, fires, and floods are straining …

February 22, 2018

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

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.

July 16, 2018

Puerto Rico
Looking Back on Fiscal 2018 as Puerto Rico Starts a New Fiscal Year Looking Back on Fiscal 2018 as Puerto Rico Starts a New Fiscal Year

Sales tax revenues have recovered. Fiscal year 2019, which started in July, should be a good year thanks to Federal disaster aid. The real question though is what happens when Federal aid starts to f…

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…

April 24, 2018

Brazil
A Petrobras refinery in Cubatao, Brazil. Brazil’s Corruption Fallout

Federal investigators in Brazil have uncovered corruption at the highest levels of the government and in the country’s largest corporations.

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.

April 19, 2018

Puerto Rico
The Oversight Board’s Latest Fiscal Plan for Puerto Rico is Still Too Optimistic The Oversight Board’s Latest Fiscal Plan for Puerto Rico is Still Too Optimistic

The power is off in Puerto Rico, again. It may not be restored for a day or two. Puerto Rico obviously has yet to fully recover from Maria’s devastation. Tax revenues this fiscal year are off by o…