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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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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…

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May 24, 2013

Pharmaceuticals and Vaccines
Preventing Pharmageddon: Treatment Access for Noncommunicable Diseases

A global fight over access to medicines is brewing. In the past year, India, China, and Indonesia have undertaken measures to circumvent patents on medicines for diabetes, cancer, and cardiovascular …

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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…

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August 9, 2012

Zimbabwe
Zimbabwe: An Opportunity for Closer U.S.-South Africa Relations

As Zimbabwe moves closer to elections, the prospect for political violence, even civil war, grows. President Robert Mugabe's Zimbabwe African National Union-Patriotic Front (ZANU-PF) and Prime Minist…

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