At the heart of the policy debate around prescription drug prices is a concern that pricing policies would reduce revenues for pharmaceutical companies, thereby limiting their investments into the research and development (R&D) of new treatments. To find out if this concern is warranted, Richard Frank and Kathleen Hannick examine the data on R&D patterns in the drug industry.
Large segments of Mexico’s people, territory, and economy are falling under the rule of Mexican criminal groups. Drawing on her fieldwork in various parts of Mexico in October and November 2021, Vanda Felbab-Brown outlines some of the strategies that one of the largest criminal groups in the country, the Cartel Jalisco Nueva Generación, deploys and how it differs from Mexico’s other major criminal group, the Sinaloa cartel.
“Against commonly held wisdom, the global middle class in Asia has recovered strongly after the COVID shock in 2020. It continues to multiply and is already larger than before the pandemic,” find Wolfgang Fengler, Homi Kharas, and Juan Caballero.
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