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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.

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.

October 30, 2012

Corporate Governance
Emergency personnel help a resident onto a boat after rescuing her from flood waters brought on by Hurricane Sandy in Little Ferry, New Jersey on October 30, 2012 (Adam Hunger/Courtesy Reuters). Hurricane Sandy: A Lesson in Why Governments Really Matter

Grover Norquist, the anti-tax crusader, has famously said that he has no wish to eliminate government, but only to “shrink it to the size where we can drown it in a bathtub.” Americans up and down th…

September 13, 2017

Energy and Environment
Flood Waters at Motiva Port Arthur facility Harvey Lessons for U.S. Export Role: Public-Private Stockpiles

Inventories play a crucial role in oil and gas commodity markets by smoothing out short term dislocations and sudden changes in demand. The historically high inventory levels lingering from the after…

September 5, 2017

Israel
Israeli Foreign Aid to American Jews

It was bound to happen, sooner or later. With the rapid increase over the years in Israel's GDP and in its population, Israel is no longer a poor country that needs the philanthropy of American Je…

November 1, 2012

Climate Change
How Likely Was Hurricane Sandy? How Likely Was Hurricane Sandy?

As the public debate over Hurricane Sandy turns in part from the immediate impacts of the storm to its possible links to climate change, a new theme is emerging: Sandy is not just part of a new norma…

June 2, 2017

Brazil
Judge Barroso Brazil’s Most Underreported Reform Battle

With all of the turbulence in Brazil, observers can be forgiven for ignoring a potentially paradigm-shattering initiative that picked up speed last month: reducing politicians’ court privileges. So…

November 5, 2012

Disasters
Hurricane Sandy and Climate Change: Three Things to Know

As the recovery from hurricane Sandy gets under way, CFR’s Michael A. Levi highlights three policy takeaways from the storm.

February 22, 2017

Cuba
The Man Who Will Not Be A Tourist in Cuba

Touring Cuba is all the rage these days, with new scheduled flights, cruise ships, and largely phony "educational" visits. But one man who will not be visiting Cuba is the Secretary-General of the…