Insights Blog
Older Households' Financial Fragility
The slow return to normalcy after the Covid-19 pandemic has brought back a perennial risk to older workers’ wellbeing: financial fragility.
In all the excitement about the crack in Amazon and Starbucks’ anti-union armor as workers post big union wins, one might think that labor power in America is rising. But unionization is just one of 10 indicators of worker bargaining power—and of these, only five show worker power is up.
Why does worker power matter? It depends on whom you ask.
Tax increment financing (TIF) is a long-standing and popular public financing tool in the U.S., but it’s starting to jump its borders. And while domestic TIF use has had its pitfalls, the U.S. experience can offer lessons learned to municipalities worldwide looking at how best to finance their economic development goals.
New York City's Hudson Yards project includes heavily discounted property taxes for Hudson Yards developers.
