You searched for: Content Type Special Report Remove constraint Content Type: Special Report Publishing Institution American Enterprise Institute for Public Policy Research Remove constraint Publishing Institution: American Enterprise Institute for Public Policy Research Publication Year within 25 Years Remove constraint Publication Year: within 25 Years Topic Government Remove constraint Topic: Government
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  • Author: Karen E. Young
  • Publication Date: 09-2019
  • Content Type: Special Report
  • Institution: American Enterprise Institute for Public Policy Research
  • Abstract: The economies of the Gulf Cooperation Council (GCC) remain heavily reliant on natural resource revenue as a source of government spending and a driver of growth. Diversification efforts now often include new ways to generate revenue through state investments in energy projects abroad (including refining and petrochemical production) and national oil companies. Since 2015, the GCC countries have become more competitive with each other in altering their policy landscapes to streamline fiscal expenditure and attract foreign investment and resident investors. There is significant variation in policy approaches to foreign labor and tax. Each of these governments faces enormous strains on public finances and challenging economic outlooks, due to depressed oil prices, demographic pressures, high unemployment rates, and a lack of economic diversification. Debt has become a tool of choice, but the capacity to repay and the capacity to grow are both beginning to differentiate the GCC states.
  • Topic: Foreign Policy, Defense Policy, Government, Natural Resources, Economy
  • Political Geography: Middle East, Gulf Cooperation Council, Gulf Nations
  • Author: Dalibor Rohac
  • Publication Date: 08-2018
  • Content Type: Special Report
  • Institution: American Enterprise Institute for Public Policy Research
  • Abstract: What distinguishes the governments of Hungary and Poland are not their views on immigration nor their defense of national sovereignty or Europe’s Judeo-Christian heritage. Rather, it is their distinctly authoritarian and anti-market features. With a new Fundamental Law, electoral reform, and other far-reaching changes adopted in Hungary on strictly partisan lines, as well as a politicization of the judiciary and attacks on free media and civil society in both countries, the Law and Justice Party (PiS) and Fidesz governments have sought to entrench themselves and prevent meaningful democratic contestation of their power. In both countries, key achievements of the post-1989 transition to the free enterprise system are being reversed. In Poland, for example, 40 percent of all banking-sector assets are now held by the government. Hungarian and Polish authoritarianism, as well as the rise of political kleptocracy in Hungary, pose a direct threat to the values on which the transatlantic alliance was built and America’s interest in the region. The United States cannot afford to become a cheerleader for either Fidesz or PiS, no matter how convincing their conservative bona fides might seem.
  • Topic: Foreign Policy, Government, Politics, Authoritarianism
  • Political Geography: Europe, Eurasia, Poland, Hungary