We use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public investment profile is more favorable than front-loading capital spending because we assume governments are able to gradually learn how to invest more efficiently, accelerating public capital accumulation and therefore growth. We discuss the pros and cons of alternative financing options and identify the financing mix that generates the best macroeconomic outcome. Sometimes overlooked, improving the efficiency of revenue collection over time may ease the burden of fiscal adjustment, achieving higher GDP growth with substantially lower debt-to-GDP ratios, and will help policymakers efficiently meet the challenge of addressing large infrastructure gaps while maintaining debt sustainability.
★ Publishers Weekly starred review "A nuanced look at America's legacy of scriptural language."--Publishers Weekly (starred review) Christianity Today 2024 Book Award Finalist (Politics and Public Life) How do Bible passages written thousands of years ago apply to politics today? What can we learn from America's history of using the Bible in politics? How can we converse with people whose views differ from our own? In The Ballot and the Bible, Kaitlyn Schiess explores these questions and more. She unpacks examples of how Americans have connected the Bible to politics in the past, highlighting times it was applied well and times it was egregiously misused. Schiess combines American political history and biblical interpretation to help readers faithfully read Scripture, talk with others about it, and apply it to contemporary political issues--and to their lives. Rather than prescribing what readers should think about specific hot-button issues, Schiess outlines core biblical themes around power, allegiance, national identity, and more. Readers will be encouraged to pursue a biblical basis for their political engagement with compassion and confidence.
Named One of the Most-Anticipated Books of 2021 by: O, The Oprah Magazine; The New York Times;The Washington Post; Time; The Millions; Refinery29; Publishers Lunch; BuzzFeed; the Rumpus; BookPage; Harper's Bazaar; Ms., Goodreads; and more "An elegantly layered, beautifully rendered tour de force that is not to be missed." --Roxane Gay, author of Hunger The critically acclaimed and Whiting Award-winning author of We Love You, Charlie Freeman returns with Libertie, an unforgettable story about one young Black girl's attempt to find a place where she can be fully, and only, herself. Coming of age in a free Black community in Reconstruction-era Brooklyn, Libertie Sampson is all too aware that her purposeful mother, a practicing physician, has a vision for their future together: Libertie is to go to medical school and practice alongside her. But Libertie, drawn more to music than science, feels stifled by her mother's choices and is hungry for something else--is there really only one way to have an autonomous life? And she is constantly reminded that, unlike her light-skinned mother, Libertie will not be able to pass for white. When a young man from Haiti proposes to Libertie and promises she will be his equal on the island, she accepts, only to discover that she is still subordinate to him and all men. As she tries to parse what freedom actually means for a Black woman, Libertie struggles with where she might find it--for herself and for generations to come. Inspired by the life of one of the first Black female doctors in the United States and rich with historical detail, Kaitlyn Greenidge's new and immersive novel will resonate with readers eager to understand our present through a deep, moving, and lyrical dive into our past.
One Man Had All The Answers Josie Blume's earliest memories were of an eccentric mother who hid her three daughters away from prying eyes and scared off trespassers with a gun. Josie's bizarre childhood had to be the explanation for her miserable track record with the opposite sex. That's why the spunky interior designer needed to piece together her family puzzle, even though it meant finding the father who'd rejected her at birth—and who might reject her again. As always, her buddy Gabe Thomas was beside her every step of the way. Yet the closer she got to the truth, the more confusing things became. Of course, passion was something women shared with men—but passion with your best male friend? Heartland Sisters—together again.
A FINALIST FOR THE 2016 CENTER FOR FICTION FIRST NOVEL PRIZE AND THE 2017 YOUNG LIONS AWARD “A terrifically auspicious debut.” —Janet Maslin, The New York Times “Smart, timely and powerful . . . A rich examination of America’s treatment of race, and the ways we attempt to discuss and confront it today.” —The Huffington Post The Freeman family--Charles, Laurel, and their daughters, teenage Charlotte and nine-year-old Callie--have been invited to the Toneybee Institute to participate in a research experiment. They will live in an apartment on campus with Charlie, a young chimp abandoned by his mother. The Freemans were selected because they know sign language; they are supposed to teach it to Charlie and welcome him as a member of their family. But when Charlotte discovers the truth about the institute’s history of questionable studies, the secrets of the past invade the present in devious ways. The power of this shattering novel resides in Greenidge’s undeniable storytelling talents. What appears to be a story of mothers and daughters, of sisterhood put to the test, of adolescent love and grown-up misconduct, and of history’s long reach, becomes a provocative and compelling exploration of America’s failure to find a language to talk about race. “A magnificently textured, vital, visceral feat of storytelling . . . [by] a sharp, poignant, extraordinary new voice of American literature.” —Téa Obreht, author of The Tiger’s Wife
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