Policy Innovation Memoranda
Policy Innovation Memoranda target critical global problems where new, creative thinking is needed. Written for policymakers and opinion leaders, these brief memos aim to contribute to the foreign policy debate by providing succinct background, rigorous analysis, and specific recommendations.
The marketplace for medicines is highly fragmented and globalized, posing acute public health threats. Stewart Patrick and Jeffrey Wright assert that a global coalition of medicines regulators, designed with distinct features in mind, would better ensure the safety and integrity of our medicines.
See more in Global; Pharmaceuticals and Vaccines; Health Policy and Initiatives
Each year, governments around the world spend more than half a trillion dollars on fuel subsidies, crowding out productive investment in poverty alleviation and growth. CFR Senior Fellow Isobel Coleman proposes establishing a private-public partnership to help governments build the case for subsidy reform directly with citizens.
See more in Global; Energy Policy; Economics
Senior Fellow for India, Pakistan, and South Asia Alyssa Ayres argues that the United States should support India's bid to join the Asia-Pacific Economic Cooperation forum.
See more in India; Trade
Each year, U.S. state and local governments waste tens of billions of taxpayer dollars competing to lure or retain business investment, with little impact on business behavior. Edward Alden and Rebecca Strauss lay out incremental steps for curbing the subsidy war, beginning with greater disclosure and cost-benefit analyses, and building up to a multistate agreement that creates strong disincentives for continuing subsidies.
See more in United States; Economics
To advise state and local government on how best to use private investment and build more critical infrastructure in a cost-effective way, Heidi Crebo-Rediker recommends the federal government create a new advisory unit within the Treasury Department called "Infrastructure USA."
See more in United States; Infrastructure
CFR Senior Fellow Ray Takeyh argues that it is necessary for the United States to emphasize human rights issues during discussions of a nuclear agreement with Iran.
See more in Iran; Human Rights
Benn Steil and Dinah Walker argue that the ECB's bank stress tests will roil rather than calm markets if recapitalization funds are not set aside in advance, as they were in the case of the highly successful U.S. tests in 2009.
See more in Europe; Banks and Banking; Financial Crises
Charles Berger argues that the United States should fund the establishment of a permanent terrorist rehabilitation institution in Yemen, providing a critical counterterrorism partner with a needed strategic capability to counter al-Qaeda in the Arabian Peninsula and forming the cornerstone of a strengthened intelligence-sharing relationship.
See more in Yemen; Radicalization and Extremism; Terrorism
Elliott Abrams argues that U.S. policy toward the Israeli-Palestinian peace process should focus on pragmatic, achievable goals rather than raising expectations for a comprehensive peace settlement that is not now attainable.
See more in Israel; Palestine; Treaties and Agreements; Diplomacy and Statecraft
Gayle Tzemach Lemmon argues why it is in U.S. interests to create an American development bank that invests in small- and medium-sized businesses, including those owned by women, in the world's least-developed and newly emerging economies.
See more in Global; Economic Development
Two new revolutions in biology—gain-of-function research and synthetic biology—are forcing policymakers to rethink current national and international surveillance and regulatory systems, and any resolution will require international buy-in since the threat entails all living organisms.
See more in Global; Health
Ed Husain argues for the creation of a global venture to support local and community organizations throughout the Middle East that forward counternarratives to violent extremism.
See more in Middle East and North Africa; Radicalization and Extremism; Counterterrorism
Julia Sweig argues that the Obama administration should tighten regulations of firearm sales—both at the domestic and at the import-and-export level—in order to reduce rates of gun violence in Latin America.
See more in Latin America and the Caribbean; North America; Arms Industries and Trade
U.S. policy of isolating Gaza is counterproductive and inadvertently helps entrench the terrorist group Hamas' control. The Obama administration should instead encourage trade and contacts between the West Bank and Gazan people to reestablish national institutions and elections, thereby empowering Palestinian partners for peace.
See more in Palestine; Peace, Conflict, and Human Rights
Blake Clayton argues that federal lawmakers should overturn the ban on exporting crude oil produced in the United States.
See more in United States; Trade; Oil
CFR Senior Fellow Max Boot and the Brookings Institution's Michael Doran argue that the United States should relearn the Cold War craft of political warfare to promote its interests in the Middle East.
See more in Middle East and North Africa; United States; Wars and Warfare
CFR Senior Fellow Thomas Bollyky argues that new strategies are needed to address the latest treatment-access crisis over patented medications, particularly as noncommunicable diseases continue to rapidly emerge in low- and middle-income countries.
See more in Global; Diseases, Noncommunicable; Pharmaceuticals and Vaccines
Douglas Dillon Fellow Micah Zenko asserts that shifting lead executive authority for U.S. drone strikes from the CIA to the Pentagon is the essential first step toward greater transparency and oversight.
See more in United States; Drones
Benn Steil offers a neat and innovative way for the Federal Reserve to reverse its monetary stimulus efforts as the economy recovers, without the worrisome economic and political consequences of having to sell off its massive stock of mortgage-backed securities.
See more in United States; Monetary Policy
In looking abroad to promote economic growth, Robert Pastor argues the United States need not go further than its two closest neighbors, Canada and Mexico. Leaders of the three countries can build off of NAFTA to create a more seamless market by negotiating a common external tariff, eliminating restrictions on transportation and services, funding new continental infrastructure, and fostering a sense of community among North Americans.
See more in North America; Competitiveness