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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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June 25, 2014

India
Bringing India Inside the Asian Trade Tent

The new Indian government, led by the Bharatiya Janata Party, has outlined trade as a national priority. But economic ties between the United States and India have soured recently, with both sides en…

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December 9, 2013

Development
Banking on Growth: U.S. Support for Small and Medium Enterprises in Least-Developed Countries

The United States has made economic development a central tenet of its national security policy, alongside defense and diplomacy. One of the best and most cost-effective avenues for furthering econom…

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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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August 7, 2019

Women and Economic Growth
Investing in Girls’ STEM Education in Developing Countries

The education gender gap costs the world between $15 trillion and $30 trillion in human capital. U.S. aid programs need to equip girls and women to participate in the modern digital economy.

Students at a government school work on individual laptops, in Ahmedabad, India, on July 26, 2018.