All interest rate increases are not created equal. Interest rates can go up due to expectations of improving economic prospects. Alternatively, they can be pushed up by rising inflation expectations. Or they can also increase due to expectations of more …
Four factors will critically shape the landscape of nonstate armed actors and illicit economies in 2023 and beyond: the new geopolitics; persisting structural weaknesses of government responses to nonstate armed actors, amplified by the lasting effects of …
As we look ahead to 2023, it is easy, indeed facile, to predict the worst in Libya. Political and societal divisions persist, human rights are flagrantly violated, weapons are aplenty, negative foreign interference continues, the list goes on. Yet, the …
In Syria’s civil war, now entering its 12th year, the state/nonstate divide has become increasingly blurred. Nowhere is this more evident than in the practices adopted by ruling elites in regime- and opposition-held areas to ensure access to resources. …
In the almost decade-old civil war in Yemen, the adherence to a cease-fire that began in April 2022 by the Shiite Zaydi Houthi rebels suggests they are now prepared to live with a political outcome to the war that leaves them in control of most, but not …
At the beginning of 2023, the attention of the United States remains intensely focused on the war in Ukraine and great power competition in the Asia-Pacific Region. In its fall 2022 National Security Strategy, the Biden administration pulled back from …
Two key interlinked dynamics will define developments in Somalia in 2023. The first is the scale of starvation in the country. The second is how the Somalian government and the jihadi military and political organization al-Shabaab will respond to anti-al- …
In their first act of legislative business, the new House Republican majority voted to cut funding for the Internal Revenue Service (IRS). The vote was a symbolic effort to repeal the $80 billion increase in funding the revenue agency received last year as …
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. Between …
Amna Qayyum is a historian of global development, decolonization, and U.S. foreign relations, with a regional specialization in South Asia. As a fellow at the Brookings Institution, Qayyum leads the Echidna Global Scholars Fellowship and contributes to …
The “Black Panther” comic book and film series tells the story of the fictional African kingdom of Wakanda, which must protect itself from countries seeking to extract its rare natural resources. This narrative can be seen as a metaphor for historic …
After the U.S. reached its debt limit last week, Secretary Janet Yellen announced that the Treasury will engage in extraordinary measure to prevent the U.S. from defaulting on its debt, but it remains to be seen how and when Congress will take action. …
President Biden is scheduled to deliver his second State of the Union address to Congress and the nation on February 7, 2023. Biden presides over a United States that faces threats which will have grave implications for the country’s future: the war in …
Once again, the debt ceiling is in the news and a cause for concern. If the debt ceiling binds, and the U.S. Treasury does not have the ability to pay its obligations, the negative economic effects would quickly mount and risk triggering a deep recession …
On January 19, U.S. Treasury Secretary Janet Yellen informed Congress that the department would implement “extraordinary measures” to allow the federal government to meet its obligations after reaching the debt ceiling. David Dollar speaks with Molly …
In light of the problems that have been encountered first by President Trump and now by President Biden over the handling of classified documents, many are wondering about how the document classification system works. The federal government has a fairly …
Gun violence continues to be a major public health crisis across the country with the rise of mass shootings. There were more than 600 mass shooting events that took place in 2022 alone, and 2023 is so far unfortunately following the same trend, with an …
Eleven months after Russia launched a massive invasion of Ukraine, Washington and Europe continue to pursue two basic objectives: help Ukraine win and avoid a direct NATO-Russia clash. Unfortunately, in balancing these goals, Western governments are …
After a highly stable first year in office, the Biden administration experienced a substantial increase in senior staff turnover. The significant uptick in “A-Team” departures moved from five individuals departing in year one to 21 in year two. Though the …
During the past four decades, the two major political parties have steadily moved farther away from each other and are now as deeply divided as they have been for more than a century. For most of this period, analysts agree, Republican elected officials …
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