February 22, 2018Puerto 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.
September 27, 2017Puerto Rico
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, 2017Puerto Rico
A new report from the Center for International Governance Innovation (CIGI), co-authored by Brad W. Setser and Gregory Makoff.
October 30, 2012Corporate Governance
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…
January 23, 2018Venezuela
Venezuela’s latest attempt to raise capital by issuing a cryptocurrency, the petro, linked allegedly to its Orinoco oil reserves is problematical on so many levels, it is hard to know how to comment …