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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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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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June 7, 2017

State and Local Governments (U.S.)
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)

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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