Business Magazine

Think Tanks and Policy

Posted on the 06 February 2012 by Center For International Private Enterprise @CIPEglobal

Diversity of ideas in policy discussions is a hallmark of democracy. While that has frustrated citizens and policymakers when opinions differ, the process of debating and discussing policy options ultimately leads to stronger, more effective policy decisions. Unfortunately, sometimes debates become embroiled with individual personality traits rather than discussions of substantive issues.

It is essential that stakeholders have access to information and research so that they can realistically weigh the implications of various policy solutions, rather than judge options based on the individuals espousing them. “Think tanks add value by supplementing political debate with policy analysis,” writes Kim Bettcher in this Economic Reform Feature Service article. Indeed, that raises the quality of policymaking, because when policy is grounded in objective research it is bound to be more effective.

Article at a glance:

  • Economic think tanks strengthen democratic governance by raising new issues, voicing alternative viewpoints, and expanding policy options.
  • Think tanks acquire policy relevance when they engage in advocacy. They must take measures, however, to preserve their credibility.
  • By observing the practices summarized in this article, think tanks can win success, balance competing pressures, and promote the public good.

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