Reports & Papers

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

Although Russia and Iran have converged around the overarching objective of strengthening the Assad regime, Moscow and Tehran's engagement in Syria illustrates a complex mosaic of overlapping interests, broader regional entanglements, and contending approaches to post-war reconstruction. Russia and Iran's visions on the future of Syria include diverging views on military reform and economic investment. However, these disagreements are unlikely to lead to a breakdown of the relationship. 

This paper explores the effect of oil shocks on electoral outcomes. Using a new polling and election data set for 207 elections across 50 democracies, the paper shows that oil price increases systematically lower the odds of reelection for incumbents. The analysis verifies that these shocks—which reduce consumption growth—are associated with worsening performance for incumbents in the runup to reelection and a reversal in the leaning of the political party in power post-election.  

The ongoing COVID-19 pandemic is upending our lives and the global economy in ways unimaginable until recently. While the overall impacts are still difficult to quantify, ramifications are sure to be felt for decades to come. Providing secure, reliable, and affordable resources for all without causing devastating environmental consequences is perhaps the greatest challenge of the 21st century. But the pandemic has significantly altered dynamics and changed priorities. How is this impacting the quest for sustainability?

In this paper we analyze these challenges by focusing on the plastic industry. There is no doubt that plastic has molded society in many ways that make our lives easier and safer, but it has also created a global environmental and sustainability crisis. In order to curb our addiction to plastic, the world had been waging a war against virgin plastic, but the pandemic has turned an enemy into a much-needed ally. How can we leverage the advantages of plastic without contributing to the world’s environmental crisis? This dilemma poses a significant challenge, but also opens an opportunity to address sustainability at a systemic level through circularity and the transition to low-carbon alternatives to petroleum-based plastics.

This report charts some of the major developments in northeastern Syria from the December 2018 withdrawal announcement up until the start of Operation Peace Spring on 9 October 2019. It describes and notes the significance of the bitter dispute between Ankara and Washington over a proposed "safe zone," analyses how the Syrian Democratic Forces (SDF) have sought to navigate the crisis and gauges the strength of the so‑called Islamic State (IS) in Syria. Providing this context enables this report to selectively incorporate more limited analysis on the latest and most pertinent developments in northeastern Syria at the time of this writing.

With rising population and incomes, the “rentier” mode of development in Saudi Arabia has long been unsustainable. While the issue of fiscal stabilization will occupy policy-making in Saudi Arabia in the short and medium terms, the long-term challenge of finding new sources of growth to complement oil has only been made starker by the recent drop in oil prices. Analysis of the prospects for such reforms in KSA has long been divided between two opposite camps: those who believe that the inadequacies of the rentier model will necessarily usher a doomsday scenario sooner or later, regardless of economic policies; and those who believe the impending crisis can be met by moving from the current mono-sector economy to a modern and diversified knowledge based economy OECD-style.

This paper argues that the impact of the eight-year war in Syria will reverberate across the region for years to come, and explores, in particular, four noteworthy legacies. First, it examines the series of interventions in Syria by regional and foreign powers (including Russia, Turkey, Iran, the United States, Saudi Arabia and the United Arab Emirates) that reconfigured the role of such powers across the region. Second, it reveals the emergence of two opposing alliances in the region, each comprising Arab states, regional Arab and non-Arab powers, global powers and local nonstate actors. These or similar alliances may well reappear in other Middle Eastern conflicts. Third, it analyses the striking number and variety of foreign forces that either directly fought in Syria or indirectly supported warring factions. Since 2012, these forces have included at least twenty states and major non-state players, alongside hundreds of smaller tribal, Islamist and secular rebel and pro-Assad groups. Finally, the paper suggests that the international community’s weak response to the untold war crimes on both sides, and its apparent de facto acceptance of Syrian President Bashar al-Assad’s incumbency, portend continuing regional authoritarian and violent political systems for the foreseeable future.