Biden’s Democracy Agenda, Empowering Local Real-Estate Ownership, and More

December 18, 2020

There is no question that democratic norms are backsliding around the world and the situation is exacerbated by COVID-19. Patrick Quirk and Eguiar Lizundia discuss why bolstering governance in priority countries can help address some of the most pressing democracy challenges and offer three ways that the Biden administration can do so.

While billions of dollars have been spent on federal place-based programs over the decades, their success in improving the economic and social well-being of community residents has been mixed at best. In their Blueprints policy brief, Jennifer Vey, Tracy Hadden Loh, and Elwood Hopkins recommend a new federal program to bolster local real estate financing structures in the aftermath of COVID-19.

China’s well-known story of spectacular economic growth—at around 10% annually for 40 years—is coming to an end. David Dollar analyzes China’s domestic and international challenges for economic growth over the next several decades and discusses potential avenues that Beijing may take to address them.

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