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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. op_boccaletti3_Michele LapiniGetty Images_italyflood

    The New European Frontier

    Giulio Boccaletti

    Given this summer's climate-driven disasters, one might think that the European political system would be devising comprehensive adaptation plans. But, despite some steps in the right direction, Europeans are only just waking up to the constitutional implications of a changing physical environment.

    thinks a changing climate will force the European Union finally to embrace its political nature.
  2. james200_Sean GladwellGetty Images_worldconnection Sean Gladwell/Getty Images

    The Poverty of Anti-Capitalism

    Harold James considers recent arguments against markets, globalization, and growth, finding them to be deeply flawed.
  3. stiglitz314_ Drew AngererGetty Images_jeromepowell Drew Angerer/Getty Images

    How Not to Fight Inflation

    Joseph E. Stiglitz sees little upside and much downside to further monetary-policy tightening by the US Federal Reserve.
  4. slaughter95_Ritesh ShuklaGetty Images_modi Ritesh Shukla/Getty Images

    Who Is Part of the Free World?

    Anne-Marie Slaughter urges US President Joe Biden to abandon a phrase that is better left in the twentieth century.
  5. wagner16_ Leon NealGetty Images_nuclear fusion FREDERIC J. BROWN/AFP via Getty Images

    Realism About Techno-Optimism

    Gernot Wagner laments that public debate about climate solutions is long on political grandstanding and short on nuance.
  6. BQ china india Oleksii Liskonih via Getty Images

    PS Commentators Respond: Could the “Chinese Century” Belong to India?

    From demographics to trade to GDP growth, China is currently struggling precisely where India seems to be thriving. At a time when the global economy’s center of gravity is shifting to Asia, we asked PS commentators whether India’s rising star will soon outshine China’s.

  7. hausmann108_Kent Nishimura  Los Angeles Times via Getty Images_chipsandscienceact Kent Nishimura/Los Angeles Times via Getty Images

    Why Industrial Policy Is Back

    Ricardo Hausmann explains why economic theory has finally begun to catch up with centuries of economic practice.
  8. sherwin7_Spencer PlattGetty Images_jimjordanstopthesteal Spencer Platt/Getty Images

    Patriots in Name Only

    Richard K. Sherwin considers the implications of the Republican Party's challenge to the state's power to make and enforce law.
  9. khrushcheva163_Alexey FurmanGetty Images_zelensky Peter Turnley/Corbis/VCG via Getty Images

    Assassinated Are the Peacemakers?

    Nina L. Khrushcheva highlights the grave risks that Ukrainian President Volodymyr Zelensky would incur by negotiating with Russia.

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