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Hamid Rashid

Hamid Rashid

6 commentaries

Hamid Rashid, a former director-general for multilateral economic affairs at the Ministry of Foreign Affairs in Bangladesh, is Chief of Global Economic Monitoring at the United Nations Department of Economic and Social Affairs.

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  1. How to Prevent the Looming Sovereign-Debt Crisis
    stiglitz277_TERADAT SANTIVIVUT_getty images_graph Teradat Santivivut/Getty Images

    How to Prevent the Looming Sovereign-Debt Crisis

    Jul 31, 2020 Joseph E. Stiglitz & Hamid Rashid propose a multilateral facility for buying back low- and middle-income countries' bonds.

  2. Which Economic Stimulus Works?
    stiglitz273_Spencer PlattGetty Images_USdrivethroughmoneyeconomy Spencer Platt/Getty Images

    Which Economic Stimulus Works?

    Jun 8, 2020 Joseph E. Stiglitz & Hamid Rashid emphasize that the design of government programs to support growth matters as much as their size.

  3. Closing Developing Countries’ Capital Drain
    Drain at construction site

    Closing Developing Countries’ Capital Drain

    Feb 18, 2016 Joseph E. Stiglitz & Hamid Rashid warn that large stockpiles of reserves may not be enough to prevent a financial crisis.

  4. What’s Holding Back the World Economy?
    Globe

    What’s Holding Back the World Economy?

    Feb 8, 2016 Joseph E. Stiglitz & Hamid Rashid say that developed countries' policies have created a growth-killing array of perverse incentives.

  5. Sub-Saharan Africa’s Subprime Borrowers
    ms6.jpg Margaret Scott

    Sub-Saharan Africa’s Subprime Borrowers

    Jun 25, 2013 Joseph E. Stiglitz & Hamid Rashid

  1. gros189_Sean GallupGetty Images_germanypowerlines Sean Gallup/Getty Images
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    The Improving Economics and Worsening Geopolitics of Clean Energy

    Daniel Gros warns that political obstacles are preventing the widespread uptake of low-cost green technologies.
  2. rajan94_Arvind YadavHindustan Times via Getty Images_indiasemiconductor Arvind Yadav/Hindustan Times via Getty Images
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    Industrial Policy’s Deceptive New Clothes

    Raghuram G. Rajan

    If the new "industrial strategy" is offering ideas for better public governance, it is useful. But it becomes positively dangerous when it turns to the private sector, where state interventions inevitably undermine competition, disrupt price signals, and dampen the motivation to innovate.

     sees little reason to support the case for renewed government interventions in the private sector.
  3. frankel128_ plus49Construction PhotographyAvalonGetty Images_emissions plus49Construction PhotographyAvalonGetty Images
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    A New Trilemma Haunts the World Economy

    Dani Rodrik

    It may be impossible simultaneously to combat climate change, boost the middle class in advanced economies, and reduce global poverty. Under current policy trajectories, any combination of two goals appears to come at the expense of the third.

     weighs the trade-offs between combating climate change, global poverty, and rich countries’ middle-class decline.
  4. hamada66_ Mario TamaGetty Images Mario Tama/Getty Images)
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    The Choice Confronting American Voters

    Koichi Hamada warns that electing a president who refuses to accept defeat could jeopardize not only US democracy.
  5. bremmer32GettyImages-1233025699_AW Getty Images
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    Climate Security and Geopolitics

    Ian Bremmer

    Although multilateral efforts to address climate change are not well served by deepening geopolitical rivalries or the apparent trend toward global economic fragmentation, that doesn’t mean governments have abandoned the pursuit of net-zero emissions. Instead, the process has become more competitive – and more complex.

     considers the international political dynamics of current energy, trade, and environmental policies.
  6. galbraith33 Getty Images
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    Economic Theory for the Real World

    James K. Galbraith

    Although policies based on mainstream neoclassical economics, famously enshrined in the Washington Consensus, have clearly failed, economic theory has remained in a state of paralyzed confusion. What has been missing is a full shift to modern modes of thought informed by contemporary science.

     offers a new conceptual framework based on twenty-first-century science and simple observation.
  7. sgoodman1GettyImages-1592915144_AW Getty Images
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    Learning from the US Military’s Climate Leadership

    Sherri Goodman & Leah Emanuel explain how the American armed forces emerged at the forefront of the effort to combat global warming.
  8. kkim1 GettyImages-2150288321_AW Getty Images
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    The Climate-Conflict Nexus

    Kyungmee Kim shows how wars and geopolitical tensions are hindering progress on climate-change mitigation and adaptation.
  9. mazzucato71 GettyImages-2159148172_AW Getty Images
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    The Water-Security Crisis

    Mariana Mazzucato, et al.

    Increasingly severe water shortages represent a human-made crisis that can be resolved through human interventions. The situation demands new thinking about the economics of this critical resource and how to manage it through mission-oriented strategies that span all levels of governance.

     call attention to a global problem that demands far more attention from policymakers at all levels.

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