The region’s oil exporters are enjoying a mild reprieve from devastatingly low prices. For now. While the price uptick may have several causes, the most dramatic contributing factor is the Fort McMurray fire in the Canadian province of Alberta. The wildfire covers an area larger than some of the world’s major cities, and officials have estimated it will take weeks or even … [Read more...] about Happy Days Are Not Here Again
Parties Crumble, Populists Rise
Primary elections in the United States this year have sent the party system careening towards a divisive and potentially explosive moment. Never in modern US history have party voters chosen as their presidential candidate someone so totally at odds with party orthodoxy on issues ranging from trade to immigration as Donald Trump. Nor has a presidential candidate been so shunned … [Read more...] about Parties Crumble, Populists Rise
Because Waiting for the Next Boom is Not Enough
Economies grew, millions were lifted from poverty, and social safety nets widened to support a growing share of vulnerable populations. When the United States and Europe experienced sharp downturns during the international financial crisis of 2008 and 2009, some governments in the region were able to increase spending and keep their own economies from slipping into … [Read more...] about Because Waiting for the Next Boom is Not Enough
Reforming the Civil Service to Win Elections
In the decades-long effort to make civil service bureaucracies more professional, civic coalitions have mobilized; business associations applied pressure; and international development agencies invested huge sums of money. Yet reform has frequently proved elusive. Instead, party-political rather than merit criteria reign in the hiring, promotion and firing of public employees. … [Read more...] about Reforming the Civil Service to Win Elections
Better Savings for Better Infrastructure
In 2014 the government of the small and impoverished city of Flint in the United States decided to draw its municipal water from a different river than it had been accustomed to while it waited to connect to a cheaper water system. But the new water was corrosive to water pipes, and environmental officials made a fateful decision not to add chemicals that would protect them. By … [Read more...] about Better Savings for Better Infrastructure