President Obama’s Second Term: Big Bets, Black Swans

President Barack Obama’s second term will present him with opportunities to strengthen relations with rising powers, improve economic relations and increase security throughout the world. However, there are also low-probability, high-impact events that could unexpectedly derail the president’s agenda notes Martin Indyk, director of Foreign Policy at Brookings. Foreign Policy at Brookings released its policy recommendations for President Obama’s second term on January 17.