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February 3, 2011

Monetary Policy
Managing the World's Dollar Dependency

Introduction The global financial crisis has exposed a weakness in the international monetary (non-)system. Desired levels of currency reserves in emerging markets have jumped over the past decade…

Managing the World's Dollar Dependency header

July 8, 2013

Fossil Fuels
The Case for Allowing U.S. Crude Oil Exports

Federal lawmakers should overturn the ban on exporting crude oil produced in the United States. As recently as half a decade ago, oil companies had no interest in exporting U.S. crude oil, but that h…

The Shale Gas and Tight Oil Boom header

March 19, 2014

Infrastructure
Infrastructure Finance in America—How We Get Smarter

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."

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March 14, 2013

Monetary Policy
Exiting from Monetary Stimulus: A Better Plan for the Fed

The U.S. Federal Reserve's monetary stimulus efforts have an undesirable side effect that needs to be managed with great care: the Fed has amassed a huge stock of mortgage-backed securities (MBS) tha…

Exiting from Monetary header

April 25, 2012

Security Alliances
A Strategy for the U.S.-Japan Alliance

On January 5, President Barack Obama initiated the Defense Strategy Review, identifying Asia as a priority in future U.S. military strategy. North Korea's nuclear proliferation and China's growing mi…

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