By Ted Piccone,Steven Pifer,Thomas Wright

President Obama has simply 3 years left in workplace to outline his legacy in international affairs. he is dealing with a few severe challenges—the ongoing warfare in Syria, the Iran nuclear negotiations, an enigmatic North Korea and different major crises in global affairs. The president's advisors are busy devising coverage options geared toward grappling with those thorny matters. From those, the president needs to make a decision which priorities to pursue and the way to top workout U.S. energy and effect to regulate and form the worldwide order.

This booklet provides a collection of coverage research and proposals from The international coverage students on the Brookings establishment. Designed to supply the White condominium with cutting edge and actionable coverage projects, the e-book is developed as a chain of memos to President Obama. This yr, the memos are divided into 5 categories:

• monstrous Bets are matters the place the president should still think about making an investment his strength, time and status in significant efforts which may have a transformational impression on the United States and the area. • Double Downs are derived from the massive Bets from final year's techniques that the president should still redouble his efforts on.

• Black Swans are these low-probability yet high-impact occasions which may divert the president and his administration's better reasons, resembling dramatic damaging occasions that he'll are looking to take steps prematurely to prevent or to mitigate their consequences.

• Nightmares are occasions that glance much more likely than a Black Swan and will turn out really difficult for U.S. pursuits and the worldwide order, and for which the management should still prepare.

• Holds are up-to-date coverage innovations to stick the direction on ways recommended final year.

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Big Bets and Black Swans 2014: A Presidential Briefing Book (Brookings Essay) by Ted Piccone,Steven Pifer,Thomas Wright

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