The experience of the COVID-19 pandemic—in the US and around the world—highlights the potential feasibility and importance of biomedical R&D for global health and welfare. Drawing from this experience and momentum, this paper argues that the US should deepen its engagement and ambition in global hea...

Pull financing is an underutilized tool that can drive the development and adoption of critical technologies necessary to address the globe’s climate crisis. This paper provides tangible examples by presenting two case studies that illustrate how pull climate finance can be used to deliver urgently ...

Spain’s relationship with Latin America can be mutually beneficial or stale and insignificant. Now, the timing is right for Spain to launch new strategies and a new framework of bilateral, multilateral, and multiregional engagement with the region, in which Spain should embrace its dual role as brid...

The overarching theme of these episodes is the luck and privilege I’ve enjoyed—and my country has enjoyed—and the implications for my and my country’s responsibilities to the rest of the world. I was lucky to be born in America White and well-off; was lucky again as a baby boomer to enjoy the reprod...

The large divergence in the returns of top-performing star firms and the rest of the economy is substantially reduced when we account for the mismeasurement of intangible capital. Star firms produce and invest more per dollar of invested capital, have more valuable innovations as measured by the mar...

Institutionalized conditional cash transfer (CCT) programs may affect important aspects of pre-existing, informal safety nets such as inter-household transfers and trust among community members. We use a randomized controlled trial to test the impact of CCTs on various measures of trust and informal...

 Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that risin...