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.
The mass protests sweeping the United States following the death of George Floyd are born of many factors, but chiefly reflect frustration and rage at America's long history of racist law enforcement. Addressing that problem will require reducing the pressures on both urban communities and those tasked with policing them.
The mass protests sweeping the United States following the death of George Floyd are born of many factors, but chiefly reflect frustration and rage at America's long history of racist law enforcement. Addressing that problem will require reducing the pressures on both urban communities and those tasked with policing them.
Without further G20 action, the pandemic-induced recession will only deepen, hurting the world’s poorest and most marginalized people the most. Because the group represents 85% of global GDP, it has the capacity to mobilize resources on the scale required – and its leaders must do so immediately.
