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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. kanem7_pishitGetty Images_corporate woman pishit/Getty Images

    Supporting Sexual and Reproductive Health Is Good Business

    Natalia Kanem argues that investing in employees’ well-being will help companies attract and retain top talent.
  2. patten167_Ricky VigilGetty Images_keirstarmer Ricky Vigil/Getty Images

    Can Democracy Win in 2024?

    Chris Patten highlights the challenges mainstream parties face as they try to boost growth and improve public services.
  3. pisaniferry147_EMMANUEL DUNANDAFP via Getty Images_frenchelection Emmanual Dunand/AFP via Getty Images

    Finding a New French Majority

    Jean Pisani-Ferry assesses what must happen to form a stable government after an election that produced a hung parliament.
  4. rodrik211_Xu WeijieVCG via Getty Images_chinashipbuilding Xu Weijie/VCG via Getty Images

    Industrial Policy Is Back. Now What?

    How to design effective industrial policies has suddenly become a hot – and divisive – topic among economists and policymakers. Even those who agree that governments should intervene in the economy to bolster productivity, increase competitiveness, and tackle social and environmental challenges differ sharply on the details.

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    The Big Picture

  6. op_stiglitz7_Elizabeth ServatynskaSuspilne UkraineJSC UAPBCGlobal Images Ukraine via Getty Images_ukrainereconstruction Elizabeth Servatynska/Suspilne Ukraine/JSC/ UAPBC/Global Images Ukraine via Getty Images

    The Way Forward for Ukraine’s Economy

    Joseph E. Stiglitz & Andrew Kosenko

    With sufficient assistance from the West, Ukraine will prevail over its much larger and richer authoritarian neighbor. But to enjoy the fruits of victory, it will have to move faster in its transition from a post-communist oligarchy, while being careful to resist the siren call of free-market fundamentalism.

    offer a roadmap for guiding the country's recovery and reconstruction during and after the war.
  7. robinson18_Alexis RosenfeldGetty Images_biodiversity Alexis Rosenfeld/Getty Images

    Rich Countries Must Meet Their Biodiversity Financing Pledges

    Mary Robinson urges international policymakers to use the upcoming COP16 summit to close the nature-finance gap.
  8. sstokes4_Scott OlsonGetty Images_trump Scott Olson/Getty Images

    Inequality Spurs Democratic Backsliding

    Susan Stokes shows that countries with fairer economies are less likely to succumb to authoritarian populism.
  9. rajan93_cienpiesGetty Images_inflation cienpies/Getty Images

    Bracing for a More Inflationary World

    Raghuram G. Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term.

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