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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. adebajo13_Alexis HuguetGettyImages_goma_m23_conflict Alexis Huguet/Getty Images

    Africa’s Year of Warlords and Meddlers

    Adekeye Adebajo foresees growing instability and more foreign interference on the continent in 2025.
  2. basu109_Matt CardyGetty Images_socialmedia Matt Cardy/Getty Images

    Playing at Democracy

    Kaushik Basu explains how a well-known children's game illustrates the logic of today's emerging oligarchies.
  3. gros195_StockbyteGettyImages_deregulation_red_tape Stockbyte/Getty Images

    The Revolt Against Regulation

    Daniel Gros explains why the new push for deregulation in the United States and the European Union may not help either.
  4. sherwin14_Andrew HarnikGetty Images_trump Andrew Harnik/Getty Images

    Donald Trump’s Misrule of Law

    Richard K. Sherwin

    By insisting on its own supremacy, the executive branch of the US government under President Donald Trump is effectively seeking to alter America’s constitutional framework of checks and balances among co-equal branches of government. Trump has no authority to execute this change, but that will not be enough to stop him.

    observes that the president's claim of supremacy over the courts amounts to tossing out the US Constitution.
  5. lachman1_Jemal CountessGetty Images for the Peter G. Peterson Foundation_USdebt Jemal Countess/Getty Images for the Peter G. Peterson Foundation

    Trump’s Looming Deficit Disaster

    Desmond Lachman explains why the US president’s trade tariffs and planned tax cuts are at odds with basic economic realities.
  6. mazzucato80_WPA PoolGettyImages_starmer_ai_speech WPA Pool/Getty Images

    Governing AI for the Public Interest

    Mariana Mazzucato & Tommaso Valletti explain why the UK government’s recently released AI “action plan” misses the mark.
  7. chellaney184_ Sergio FloresGetty Images_trumpmodi Sergio Flores/Getty Images

    Putting the Trump-Modi Bromance to the Test

    Brahma Chellaney hopes that the US and Indian leaders take concrete steps to reset and deepen the bilateral relationship.
  8. alemanno2_Thierry MonasseGettyImages_vdl_competitiveness_compass Thierry Monasse/Getty Images

    The Dark Side of EU Deregulation

    Alberto Alemanno warns that the bloc’s efforts to reduce bureaucratic red tape will do more harm than good.
  9. GettyImages-2196139559

    Daniel Gros on DeepSeek, Germany's malaise, EU competitiveness, and more

    Daniel Gros hopes that a Chinese startup's apparent AI breakthrough will provide a much-needed boost to European competitiveness, advises the EU on how to deal with Donald Trump, urges Europe to improve conditions for bottom-up innovation, and more.

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