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Carmen M. Reinhart

Carmen M. Reinhart

Writing for PS since 2014
47 commentaries

Carmen M. Reinhart, a former chief economist of the World Bank Group, is Professor of the International Financial System at Harvard Kennedy School.

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  1. Will Central Banks Do What It Takes?
    reinhart47_ MANDEL NGAN_AFP via Getty Images MANDEL NGAN/AFP via Getty Images

    Will Central Banks Do What It Takes?

    Dec 12, 2022 Carmen M. Reinhart warns that the risks associated with monetary tightening extend well beyond recession.

  2. Private-Debt Risks Are Hiding in Plain Sight
    reinhart46_Noam GalaiGetty Images_storeclosing Noam Galai/Getty Images

    Private-Debt Risks Are Hiding in Plain Sight

    May 2, 2022 Carmen M. Reinhart & Leora Klapper warn that in the absence of timely action, a wave of non-performing loans could hamper economic recovery.

  3. The Return of Global Inflation
    reinhart45_Yuichiro ChinoGetty Images_globeeocnomy Yuichiro Chino/Getty Images

    The Return of Global Inflation

    Feb 11, 2022 Carmen M. Reinhart & Clemens Graf von Luckner see a development that began in the advanced economies becoming increasingly prevalent worldwide.

  4. The Quiet Financial Crisis
    reinhart44_ JUSTIN TALLISAFP via Getty Images_uk virus Justin Tallis/AFP via Getty Images

    The Quiet Financial Crisis

    Jan 7, 2021 Carmen M. Reinhart warns that the pandemic’s impact on household and corporate balance sheets jeopardizes economic recovery.

  5. Preventing a COVID-19 Food Crisis
    reinhart43_Waseem AndrabiHindustan Times via Getty Images_indiaricecoronavirus Waseem Andrabi/Hindustan Times via Getty Images

    Preventing a COVID-19 Food Crisis

    May 15, 2020 Carmen M. Reinhart & Rob Subbaraman urge governments to cooperate on addressing supply-chain disruptions and refrain from protectionist measures.

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  1. gros190_ANDER GILLENEAAFP via Getty Images_solar panels ANDER GILLENEA/AFP via Getty Images
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    Policymakers’ Green-Tech Fantasy

    Daniel Gros refutes the widespread belief that renewables-related industries could form the foundation of a major economy.
  2. stiglitz331_serggnGetty Images_techregulation serggn/Getty Images
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    Marietje Schaake on our tech overlords, antitrust, data protection, and more

    Marietje Schaake warns that Big Tech’s outsize influence threatens democracy, suggests what Western leaders can learn from Chinese technology governance, urges governments to use public procurement to influence the trajectory of digital technology, and more.
  3. fischer211_MAHMUD HAMSAFP via Getty Images_israel MAHMUD HAMS/AFP via Getty Images
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    Capitalizing on the Weakening of Hamas and Hezbollah

    Dennis Ross

    The massive losses suffered by Hezbollah and Hamas – and the weakening of Iran’s so-called “axis of resistance” – needs to be seen in strategic terms. Put simply, it creates an opening to transform for the better not just Gaza and Lebanon but also much of the region.

     thinks Israel’s decimation of Iran’s proxies in Gaza and Lebanon must be viewed in strategic terms.
  4. buruma218_ JACK GUEZAFP via Getty Images_crisis israel JACK GUEZ/AFP via Getty Images
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    Warrior Nations of the Middle East

    Ian Buruma shows how shame and humiliation have shaped national identities that countenance further killing.
  5. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images
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    What Would Victory in Ukraine Look Like?

    Joseph S. Nye, Jr. considers what kind of peace settlement Ukraine might be able to accept in the near term.
  6. donohue2_Getty Images_public defenders Getty Images
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    The Crisis of America’s Public Defenders

    John J. Donohue & Eric A. Baldwin advocate a novel legal framework that could both increase fairness and help reduce crime.
  7. aghion8Getty Images_innovation iStock / Getty Images Plus
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    Can Europe Create an Innovation Economy?

    Philippe Aghion, et al. explain what EU member states must do to stop falling further behind the United States economically.
  8. krueger52_FREDERIC J. BROWNAFP via Getty Images_shipping port us FREDERIC J. BROWN/AFP via Getty Images
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    Trump’s Proposed Tariffs Are a Gift to the Rich

    Simon Johnson cites research showing that middle-class US households would foot the bill.
  9. imweber7_Dave ReedeDesign Pics EditorialUniversal Images Group via Getty Images_grain storage Dave Reede/Design Pics Editorial/Universal Images Group via Getty Images
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    Building a Buffer Against Food-Price Shocks

    Isabella M. Weber, et al. urge Brazil and South Africa, as successive G20 presidents, to devise a new stabilization playbook.

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