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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

February 16, 2012

Arctic
A Strategy to Advance the Arctic Economy

The United States needs to develop a comprehensive strategy for the Arctic. Melting sea ice is generating an emerging Arctic economy. Nations bordering the Arctic are drilling for oil and gas, and mi…

A Strategy to Advance the Arctic Economy 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

April 2, 2012

Afghanistan
Salvaging Governance Reform in Afghanistan

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…

Salvaging Governance Reform in Afghanistan header

February 19, 2014

Yemen
Countering Terrorism: An Institution-Building Approach for Yemen

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.

Countering Terrorism header