PS congratulates Carmen M. Reinhart, a contributor since 2014, on her appointment to serve as vice president and chief economist of the World Bank. In this collection of recent commentaries, Reinhart addresses the COVID-19 pandemic and other pressing issues pertaining to the global economy.
May 15, 2020 & urge governments to cooperate on addressing supply-chain disruptions and refrain from protectionist measures.
May 6, 2020 , et al. urge private creditors to accept a proposal that many other crisis-hit economies will need as well.
Apr 13, 2020 & urge multilateral, sovereign, and private lenders to recognize reality and minimize the risk of mass default.
Mar 23, 2020 notes that even the 1918-19 influenza pandemic offers no guidance about the likely economic impact of COVID-19.
Sep 18, 2019 & point out that the Federal Reserve's mandate requires policies that boost Donald Trump's reelection chances.
May 6, 2019 points out that policymakers who want to boost price growth or rein it in are wrestling with the same problem.
Digital-currency competition in the coming years will likely pit central banks against a host of private challengers. Will upstart cryptocurrencies have the firepower and the following to overturn the monetary status quo, or will the current financial establishment prevail?
