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October 2, 2017

Puerto Rico
Puerto Rico Before Maria

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

Puerto Rico Before Maria

February 22, 2018

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.

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

September 24, 2018

United Nations
The Role of the UN General Assembly

The UN General Assembly hosts a much-watched high-level debate of world leaders each year but has struggled to make its work more substantive. The seventy-third session will likely be dominated by is…

United Nations Headquarters

September 27, 2017

Puerto Rico
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…

Puerto Rican and U.S. Flags

August 15, 2018

Disasters
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 …

Loren Elliott/Reuters

July 16, 2018

Puerto Rico
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…

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

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 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…

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

April 19, 2018

Sudan
Five Questions on the Sudan Peace Process

The Five Questions Series is a forum for scholars, government officials, civil society leaders, and foreign policy practitioners to provide timely analysis of new developments related to the advancem…

Women carry identification papers during the registration for a Darfur referendum, at a registration centre at Abo-Shouk IDP camp at Al Fashir in North Darfur, February 17, 2016.