A tailored development strategy for Kazakhstan, why immigrants are America’s superpower, and what Biden should do next on China.
| America, China, and the virtue of low expectations “For the Biden administration, keeping expectations low—even as it works to reduce risk of conflict and search for a shared agenda with China—will be crucial in breaking the downward trajectory of relations between Washington and Beijing,” writes Ryan Hass in his recent op-ed. |
| Listen: Why immigrants are America’s superpower On the latest episode of Dollar & Sense, Wendy Edelberg joins host David Dollar to discuss the positive impact of immigration on the dynamism and fiscal sustainability of the U.S. economy, and the ways in which federal funds can support local governments as they welcome immigrants into their communities. |
| Kazakhstan: Advance market reforms first, pour concrete later Kazakhstan has 22 million hectares of arable land—more than all but 14 countries in the world, the second-largest uranium reserves, the 12th-largest oil wealth, and the 15th-largest natural gas reserves. So why hasn’t the country become a high-income economy? Indermit Gill, Ivailo Izvorski, and Somik Lall explain what makes Kazakhstan unique and why it will need to devise a tailored development strategy. |
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