The next U.S. president will have many willing partners and an opportunity to expand the global system of security and economic institutions in a way that will help the United States and the world for decades.
The U.S. pivot to the Indo-Pacific has improved U.S. popularity and influence, and positioned it for gains in regional economic, diplomatic, and military cooperation. The incoming administration would be wise to embrace these gains and build on them to preserve and further develop U.S. interests and influence in the region.
Re-establishing border controls across Europe would cost €2 to 3 billion in annual operating costs, plus fixed one-off costs of anywhere between €0.1 and €19 billion. There would also be significant social and political costs.
Investing in Early Childhood Education and Care (ECEC) yields high rates of return for children later in life, however long term outcomes depends on the successful integration of policies aimed at improving ECEC quality and attendance rates.
The Schengen Agreement in 1985 led to the end of border controls across 26 European nations. Reintroducing these controls would cost billions of euros in economic costs. Social and political costs would also be substantial.
America's next president will face challenges that test the fundamentals of world order. RAND experts have outlined key decisions, the dangers involved, and the least-bad options that now often pass for good ones.
One of the contentious issues in this year's presidential election campaign is the U.S. role in the global economy. A RAND panel offers strategies for the next president, who will face a troubled landscape.
A wall along the U.S. border with Mexico would not eliminate illegal migration, its maintenance and monitoring would be costly, and it would likely be undermined by tunnelers. Also, severing legitimate cross-border movements for trade and tourism would be tremendously damaging to the U.S. economy.
Reducing U.S. overseas security commitments, including troops and security treaties, could lead to greatly reduced trade, with the economic costs estimated to be more than triple any associated savings in U.S. defense spending.
Researchers estimated that U.S. economic losses from major retrenchments of overseas security commitments would be more than triple any gains. This visualization compares different estimated gains and losses from selected retrenchment levels and selected tax, spending, and trade multipliers.
U.S. overseas security commitments have positive and significant effects on both U.S. bilateral trade and non-U.S. global bilateral trade. If commitments were reduced, the economic costs from lost trade would be more than triple any associated savings in defense spending.
A mandatory public consultation was conducted to inform the Mid-Term Assessment of the EU Drugs Strategy 2013-2020 and the final evaluation of the EU Action Plan on Drugs 2013-2016. This document reports on the consultation's results.