Even as the international community coordinates global climate action through the Paris Agreement and the U.S. government makes strides through major bills such as the Inflation Reduction Act, there is plenty that cities must still do on their own to clean …
Germany’s recent chancellors have enriched the world’s vocabulary. Angela Merkel’s calm and cautious style was so distinctive it became a verb. When she was at her best, merkeln came to mean an ability to sell change in the guise of continuity—to manage …
Section 702 of the Foreign Intelligence Surveillance Act is one of the true workhorses of American intelligence law, producing an immense range of intelligence for the President, the intelligence community, and law enforcement elements across the American …
We provide stylized facts on nonresident holdings of emerging market bonds and analyze the determinants of euro area investors’ purchases of such securities, using a comprehensive security-level dataset that tracks net transactions of individual bonds …
Education in Chile has important challenges of quality, equity, and social integration.1 For decades, policies tried to respond to these concerns with a high-stakes accountability institutional framework, which has not had success. The underlying vision of …
Growth and inflation have unexpectedly helped lower government debt-to-GDP ratios in many countries since early 2021. However, government debt is still elevated and fragile in its composition, and the magic of growth and inflation is unlikely to last long. …
Building more integrated, resilient, and secure supply chains is a focus for all three North American governments, industries, and civil societies. The passage in 2022 of the U.S. Bipartisan Infrastructure Bill, CHIPS and Science Act, and Inflation …
The massive earthquakes that struck Turkey on February 6 have again upended the lives of Syrian refugees, which after 12 years of living in Turkey are no closer to finding a durable solution to their displacement. For some time, the refugees have faced …
At about 4.4 percent, Africa has the fastest urbanization rate globally. Already, the region has reached 40 percent urbanization and by 2050, the number of urban residents will have doubled. Moreover, about 60 percent of Africa’s urban population today …
They’re [Russia and North Korea] leaning on each other because they have no one else to turn to.
[Many countries view the world as increasingly multipolar and are seeking to diversify their diplomatic ties.] They don’t see this world now as being led by China or led by the U.S. only. It benefits them to have relationships on both sides. [Further, …
Sofoklis Goulas is a Fellow in Economic Studies at the Brookings Institution and the Hamilton Project. Prior to joining Brookings, he was a senior researcher at the Hoover Institution at Stanford University. Sofoklis has also worked as a researcher or …
What’s the latest thinking in fiscal and monetary policy? The Hutchins Roundup keeps you informed of the latest research, charts, and speeches. Want to receive the Hutchins Roundup as an email? Sign up here to get it in your inbox every Thursday. Loose …
In this working paper, Ahluwalia and Patel describe how India could make progress towards meeting its climate change mitigation commitments which involve achieving net zero emissions by 2070. This will require action on several fronts, notably: …
One of the most critical pushes to address the climate crisis is getting public and private finance flowing to climate action, especially in emerging markets and developing economies. This working paper attempts to quantify the scale and possible …
In this working paper, Khan and Huq describe Bangladesh as the ground zero of climate vulnerability, due to its dense population and exposure to floods, cyclones, sea level rise, and salinity incursions. However, Bangladeshi politicians remain committed to …
Africa’s extreme exposure to external shocks—from climate to COVID-19 to the energy and food crisis—poses a fundamental economic strategy question. How to build resilience and accelerate growth simultaneously in an unfavorable global economic environment? …
Although Egypt accounts for only 0.6 percent of annual global carbon dioxide (CO2) emissions, it is becoming one of the most heavily affected by extreme weather patterns. In this working paper, Abou-Ali, Elayouty, and Mohieldin examine how well Egypt sets …
A new narrative needs to capture the interwoven nature of the world’s climate and economic development challenges, anchored in the evolving and diverse perspectives of developing countries themselves. An updated portrayal begins with the stark reality of …
In this working paper, Ahmed focuses on the V20, a group of finance ministers representing 58 climate-vulnerable countries, home to 1.4 billion people. She documents the massive wealth destruction from climate losses incurred over the last two decades— …
