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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.

July 11, 2016

Gender
Closing the Gender Gap in Development Financing

A substantial body of evidence confirms that investment in women and girls yields high returns for poverty eradication, economic growth, and sustainable development. However, international and nation…

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June 8, 2016

Security Alliances
Reforming the U.S. International Military Education and Training Program

The International Military Education and Training (IMET) program, which provides U.S. government funds to members of foreign militaries to take classes at U.S. military facilities, has the potential …

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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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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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July 17, 2013

Israeli-Palestinian Conflict
Ending Gaza’s Isolation

U.S. policy of isolating Gaza is counterproductive and inadvertently helps entrench the terrorist group Hamas' control. The Obama administration should instead encourage trade and contacts between the West Bank and Gazan people to reestablish national institutions and elections, thereby empowering Palestinian partners for peace.

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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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October 2, 2012

Rule of Law
A Global Trust for Rule of Law

The rule of law is critical for people to have a meaningful opportunity to thrive. Still, for billions of people around the world today, the rule of law exists on paper but not in practice. Even thou…

A Global Trust for Rule of Law header

April 11, 2012

Infrastructure
Encouraging U.S. Infrastructure Investment

See CFR Senior Fellow and Renewing America Director Edward Alden's accompanying blog post here. Despite the pressing infrastructure investment needs of the United States, federal infrastructure po…

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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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