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A Neighborhood Between Civilizations
This work evaluates the potential of various cooperative activities to serve US interests in securing the former Soviet states of Georgia, Moldova, Armenia, Azerbaijan, and the Central Asian countries.
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China Refocuses Its Science And Technology Ecosystem On Innovation And Security
The government of China is overhauling its science and technology (S&T) ecosystem in ways that are sharpening geostrategic rivalry and impacting the risk portfolios managed by research security professionals.
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Fifty Years Of The Shadow Open Market Committee: A Retrospective On Its Role In Monetary Policy
Authors examine the history and role of the Shadow Open Market Committee as a watchdog of Federal Reserve policy, focusing on the importance of transparency and rules-based monetary policy.
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Quantitative Risk Analysis: A Number-Free Introduction to the Method, with Examples Including Decision Support from Artificial Intelligence
Sound policy decision making—especially in the US-China relationship—involves understanding risk: uncertainties and their consequences. Quantitative methods of risk analysis determine failure probabilities, forming input for rational risk management. Quantitative probabilistic analysis requires factual analysis independent of personal biases, based on known scenarios and outcomes.
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Sanctions As A Tool Of Economic Statecraft: Designing, Integrating, And Implementing To Advance Vital Interests
When designed and implemented properly, sanctions can serve as a useful tool of economic power for achieving US foreign policy objectives.
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Medicare Drug Price Regulation: Small Savings, Large Innovation Losses
This essay examines the impact of the Inflation Reduction Act’s Medicare prescription drug price negotiation program. The new price controls will lead to higher launch prices, offsetting expected savings for Medicare and its enrollees. The societal costs of reduced innovation outweigh the small financial benefits to the government and Medicare recipients.
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