Understaffed and underfunded, the United States’ air-traffic control system is close to its breaking point. The main obstacle to reform is…
This chapter draws attention to the potential of safeguards in a system with a variable geometry. Section 1 considers the benefits from…
Examining the expansion of Jakarta’s bus system shows how simple improvements in public transport service quality can boost usage
Manufacturing jobs, once the backbone of the modern US economy, have declined over recent decades, darkening opportunities for middle-class…
According to the traditional rules of politics, the US Federal Reserve and President Joe Biden’s administration should get credit for…
This is a bold and intriguing paper. It offers a new explanation for poverty reduction (or lack thereof) and interesting new empirical…
It is painfully clear that South Africa is performing poorly, exacerbating problems such as inequality and exclusion. The economy’s ability…
Lebanon’s current economic crisis ranks among the worst in recent history. GDP has collapsed by 38% in real terms. The Lebanese lira, which…
China’s ongoing economic slowdown is partly the result of its failure to implement crucial structural reforms that would have enabled it to…
Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…