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“Big Bets and Black Swans: Foreign Policy Challenges for President Obama’s Second Term”

Brookings Presidential Briefing Book

Summary: The Brookings' Foreign Policy program released a set of 20 memos to the president, Big Bets and Black Swans: A Presidential Briefing Book, which both outlines these key issues and offers innovative policy recommendations that the administration might pursue.  Brookings Foreign Policy experts have created a series of memos addressing "big bets"—policies in which the president should invest his power, time and prestige—and "black swans," the low probability, high-impact events that could derail the administration’s priorities.  In response to these and a host of other international crises, the president can choose to place some “Big Bets” that could define his foreign policy over the next four years. However, a number of “Black Swans” –low probability, but high-impact events –may derail  President Obama’s second term foreign policy agenda. Brookings’s Foreign Policy experts have released a set of 20 memos to the president—Big Bets and Black Swans: A Presidential Briefing Book—offering innovative policy recommendations that the administration might pursue.

“Big Bets and Black Swans: Foreign Policy Challenges for President Obama’s Second Term”

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