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Looking for novel solutions to public policy problems? You could check the high-end think tanks in the U.S. or Britain, maybe research from the Fed, or perhaps Sweden's Central Bank or the elite Sciences Po in Paris. Then, again, you might want to follow a path truly less traveled. While the world has long been accustomed to looking to the mature industrialized countries for models in economic policy, they don't have a monopoly on good ideas. Smaller, less affluent countries that would ordinarily slip under the radar can serve as laboratories for innovation.


Frankel, Jeffrey A. "Off the Beaten Path." Foreign Policy, February 16, 2012.