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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…

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March 16, 2011

Cybersecurity
Cyberspace Governance: The Next Step

Introduction After years of dismissing the utility of international negotiations on cyberspace, U.S. officials now say that they will participate in talks to develop rules for the virtual world. B…

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September 27, 2011

Yemen
Resetting U.S. Policy Toward Yemen

Introduction Yemen is slipping into an uncertain and dangerous future. In early June 2011, President Ali Abdullah Saleh, who has ruled the country for the past thirty-three years, narrowly escaped…

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March 7, 2012

Cuba
Addressing the Risk of a Cuban Oil Spill

The imminent drilling of Cuba's first offshore oil well raises the prospect of a large-scale oil spill in Cuban waters washing onto U.S. shores. Washington should anticipate this possibility by imple…

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April 9, 2012

Banking
Beyond the Volcker Rule: A Better Approach to Financial Reform

The Issue An approach to bank regulatory reform that restricts the scope and incentives for bank balance-sheet expansion funded by short-term debt is essential to preventing another major financia…

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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…

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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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April 26, 2012

Development
Beating the Resource Curse: Global Governance Strategies for Democracy and Economic Development

Abundant reserves of minerals and petroleum often precipitate a resource curse in countries with weak governance institutions: fostering political corruption, eroding democratic accountability, incit…

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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…

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May 14, 2012

Pharmaceuticals and Vaccines
Ensuring the Safety and Integrity of the World’s Drug, Vaccine, and Medicines Supply

The world is facing two immediate health crises concerning drugs and vaccines: affordable and reliable access to life-sparing medicines and the safety and reliability of those medicines. Regulation a…

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