With the increase in subnational international activity, the United States should create an appropriately staffed office within the State Department to serve as a facilitator. This achievable bureaucratic reform would enable the U.S. government to appropriately facilitate activity already underway, enlist city and state leaders as allies in U.S. diplomacy, and prevent policy confusion.

Governance reform is crucial to stability in Afghanistan, but time is running out. To avoid failure, the United States should focus its efforts on the critical subset of its original reform agenda th…

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.