July 16, 2018Puerto Rico
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…
June 27, 2018South Africa
In 2017, Western Cape Premier Helen Zille declared the Western Cape a disaster area because of the drought. In March, the ruling African National Congress’ minister for cooperative governance, Zweli Mkhize, declared a national state of emergency. However, with the arrival of winter rains, Mkhize did not renew the state of emergency when it expired on June 13.
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.
July 27, 2009Americas
El fracaso continuo en idear y poner en marcha una política de inmigración sólida y sostenible amenaza con debilitar la economía estadounidense, y pone en peligro su diplomacia y su seguridad nacio…