Public Finance

An expansion of cashless transactions in Africa would be transformative! Imagine a world where a Burundian could trade easily with a Cape Verdean despite the countries having different currencies and belonging to different economic zones. But, with 1.2 billion people spread across 54 independent countries in one continent, is a cashless Africa achievable? The case […]

BY BRETT J. BANKER Imagine there were a bipartisan agreement in Congress for a package of critical reforms to a politically important government agency. Say that the chief sponsors of the legislation enacting those reforms included both the chairman of the conservative House Freedom Caucus[1] and a prominent member of the Congressional Progressive Caucus.[2] Let’s […]

BY NICK BUFFIE As you may have heard, in the United States the rich pay more federal income taxes than the poor – both in dollar terms and as a share of income. This point is acknowledged by commentators on both the Right and Left, serving as a rare example of nonpartisan objectivity in an […]

A final resolution to the conflict in Yemen must be locally led and locally driven. Oxfam CEO Abby Maxman comments on prospects for peace in Yemen.

BY BRYAN CORTES States with booming economies have the opportunity to set up tax revenue funds with interest that will provide for future generations. This summer in North Dakota, I learned this firsthand. As a Dukakis Fellow in office of the Governor of North Dakota, I was charged with conducting a balance sheet assessment for […]

Newly minted President Barham Salih and Prime Minister Adil Abdul-Mahdi have one year to enact reform on pressing domestic issues, especially utility services and unemployment. If the government fails to implement changes, it may face another series of popular uprisings.

BY KAVI PATEL Cryptocurrencies often evoke glamorous images of overnight billionaires in first-world countries and technology experts who are making blockchain their new pet project. However, the asset’s next target users come from a starkly different background. Rather than turning to cryptos for greed or technical expertise, this next wave is adopting the currency trend […]

When Tunisians took to the streets in protest in early January, the target of popular anger seemed clear: the democratically-elected Tunisian government, which had voted in December to pass the controversial 2018 Finance Law that went into effect on January 1. Most saliently, the public was becoming increasingly aware that the Finance Law was not crafted solely by Tunisia’s elected representatives – the International Monetary Fund (IMF), which has loaned Tunisia massive sums of money since 2011, contributed heavily to the legislation.

BY CALEB GERBITZ The ladder to financial freedom depends on the promise that if a family saves a portion of every paycheck, over time they will climb the ladder to economic independence. Unfortunately, for many working families, monthly paychecks fall short of covering necessities, let alone savings. They can’t reach the first rung. Today, the […]

In September 2017, Hurricane Maria struck Puerto Rico causing widespread destruction, including the total loss of the power grid and potable water systems. It was the most powerful hurricane to hit the island in almost 90 years. “Make no mistake — this is a humanitarian disaster involving 3.4 million US citizens,” Puerto Rico Gov. Ricardo […]

BY MARIE LAWRENCE Every year around this time, when we are happiest to open our wallets, NGOs overwhelm our inboxes with slick year-end infographics. Retailers launch multi-media campaigns to push their gotta-have-it widget of the season. Nonprofits and businesses spend millions proving their worth to would-be donors and consumers. Yet from the federal government, which […]

BY PAUL-ADRIEN HYPPOLITE AND NINA ROUSSILLE The 12 July 2015 Euro Area summit ended with a last minute agreement that avoided an imminent Greek exit from the Eurozone (“Grexit”).[i] Even before engaging talks about the third bailout program in 2015, the Greek government had accepted several prior bailouts with accompanying conditions negotiated with their European […]