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June 17, 2019

International Finance
Make the Foreign Exchange Report Great Again

The U.S. Department of the Treasury should transform its foreign currency report so it can be used as a tool to combat currency manipulation. This would be an important step toward a more balanced global economy with fewer persistent deficits and surpluses.

A man passes by a currency exchange shop in Hong Kong, on May 29, 2019.

April 6, 2018

China
Exposing China’s Actions in the South China Sea

China is increasing its control over the South China Sea, and has used deceptive propaganda to conceal its destabilizing activities. The U.S. government should roll out information operations to expose China's behavior and hinder its ability to expand and consolidate power in the region.

Soldiers of China's People's Liberation Army Navy patrol near a sign in the Spratly Islands.

June 7, 2017

State and Local Governments
Creating a State Department Office for American State and Local Diplomacy

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.

Former San Antonio (Chennai Sister City) Mayor Julian Castro meets Chennai Corporation Mayor Saidai Duraiswami in Chennai, India, on January 25, 2013. (U.S. Consulate General, Chennai)

June 22, 2016

United States Agency for International Development (USAID)
Reconfiguring USAID for State-Building

Nation-building abroad has become a neuralgic term in American politics. Opposition to nation-building abroad is one of the few things that President Barack Obama and Donald Trump can agree on. And y…

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April 9, 2015

Afghanistan
Why the United States Should Work With India to Stabilize Afghanistan

The international military presence in Afghanistan has shrunk dramatically, and even with a slower pace of troop withdrawal, the country's security situation has already worsened. Iraq's chaos provid…

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November 17, 2014

Islamic State
Defeating ISIS

Max Boot details a comprehensive strategy to defeat ISIS by committing to the fight on multiple fronts: intensify air strikes, utilize U.S. personnel and capabilities, encourage local and regional partners, and prepare for nation-building.

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October 27, 2014

Europe
A Paris Club for Europe

Europe's strategy for solving its debt woes has the problem exactly backwards. A gaping hole in Europe's policy response to date is its unwillingness to reduce excessive levels of corporate, bank, an…

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June 25, 2014

India
Bringing India Inside the Asian Trade Tent

The new Indian government, led by the Bharatiya Janata Party, has outlined trade as a national priority. But economic ties between the United States and India have soured recently, with both sides en…

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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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February 24, 2014

Europe and Eurasia
Restoring Financial Stability in the Eurozone: Lessons From the U.S. Financial Crisis

The European Stability Mechanism's (ESM) bank recapitalization instrument was designed to break the vicious circle tying financially weak eurozone governments to financially weak banks. It cannot, ho…

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