American Enterprise Institute for Public Policy Research
Abstract:
Contrary to popular perception, the share of students at the 200 most selective public and private colleges who are from low-income households did not decline over the past 16 years. However, the share of students at these institutions who are from middle-income families has steadily declined.
American Enterprise Institute for Public Policy Research
Abstract:
China is investing much less in the US than it did just a year ago. It has never invested much in the Belt and Road. Yet China’s global investment spending remains healthy, with impressive diversification across countries and the reemergence of private firms.
Topic:
International Political Economy and International Affairs
American Enterprise Institute for Public Policy Research
Abstract:
Over the last decade, much of the racial news and academic research on black men in America has been sobering, if not downright depressing. But negative news isn’t the only story about race or even about black males in the United States. In Black Men Making It in America, we report some good news:
Topic:
International Political Economy, Race, and International Affairs
At the December 2017 World Trade Organization (WTO) Ministerial Conference in Buenos Aires, 118 WTO members joined forces to launch the Declaration on Trade and Women’s Economic Empowerment. The members undertook to work together to develop best practices on how to apply gender-based analysis to domestic economic policy and international trade policy to encourage female entrepreneurship and financial inclusion, remove barriers to women’s participation in trade, and develop useful gender statistics and research. The Centre for International Governance Innovation undertook this essay series to raise awareness about this initiative and contribute to increasing understanding of how the declaration might contribute to economic empowerment of women.
The Tax Cuts and Jobs Act of 2017 was the largest overhaul of the federal income tax in
decades. The law changed deductions, exemptions, and tax rates for individuals, while
reducing taxes on businesses.
The Dodd Frank Act of 2010 (DFA) was designed to overcome the sources of excessive
leverage and systemic risk in the U.S. financial sector perceived to have created the Great
Financial Crisis of 2007–2008. Since then, considerable controversy has swirled around the efficacy of various components of the multifaceted act. Many have been critical of the Volcker Rule, while others have praised the elevation of capital ratios and the requirements for banks to undergo periodic stress tests. However, there has been mounting concern in the financial community, Congress, and the press over the negative impact of the DFA regulations on small banks and businesses.
Federal, state, and local governments seek to assist poor households financially using
transfers, minimum wage laws, and subsidies for important goods and services. This
“income-based” approach to alleviating poverty aims both to raise household incomes directly and to shift the cost of items, such as food, housing, or health care, to taxpayers. Most contemporary ideas to help the poor sit firmly within this paradigm
The developments underway in Europe’s natural gas sector are some of the most influential and closely watched in the global gas market. In the past decade, Europe has seen significant demand swings, falling domestic production, growing concerns about dependence on Russian gas, and the advent of US liquefied natural gas exports to the world. Just as important has been the emerging competition from renewable fuels. Indeed, questions are now arising about whether Europe needs new investments in natural gas infrastructure or if those investments would become stranded assets. However, suggesting that the EU does not need new investments risks underestimating the role—or the potential role—natural gas plays in various sectors of Europe’s energy economy, including industry, transportation, and commercial and residential usage.
In July 2018 Representative Carlos Curbelo proposed legislation that would put a price on US carbon dioxide emissions (“Curbelo proposal”). A carbon price is widely viewed as a necessary part of a cost-effective national strategy to address the risks of climate change. This proposal is especially notable because Republicans, who currently control the US Senate, House of Representatives, and presidency, have not proposed national carbon pricing legislation in nearly a decade.
Topic:
Energy Policy, International Political Economy, and International Affairs
Climate change is a serious threat to global progress and stability. Actions to reduce greenhouse gas (GHG) emissions and stabilize global temperatures can avoid impacts of climate change on human health, the economy, national security, and the environment. But without a strong federal-level climate policy response from the United States, chances of serious global climate action are slim.