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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. Anadolu/Getty Images

    Democracy Needs Workers

    Bartosz M. Rydliński urges center-left parties in the West to reconnect with voters who increasingly support far-right populists.
  2. op_acemoglu6_Getty Images_AI Getty Images
    Free to read

    The World Needs a Pro-Human AI Agenda

    Daron Acemoglu

    Judging by the current paradigm in the technology industry, we cannot rule out the worst of all possible worlds: none of the transformative potential of AI, but all of the labor displacement, misinformation, and manipulation. But it’s not too late to change course.

    fears that the tech industry’s current priorities will result in the worst of all possible worlds.
  3. fofack30_ Andrew BurtonGetty Images_trump Andrew Burton/Getty Images

    Big Money Beat Bigger Money in the US Election

    Hippolyte Fofack warns that the ultra-rich are corroding US democracy, even if they can’t always spend their way to power.
  4. rogoff256_Sean GallupGetty Images_brandenburg airport Sean Gallup/Getty Images

    Europe’s Economy Is Stalling Out

    Kenneth Rogoff explains why the EU’s long-term economic slump is not likely to end anytime soon.
  5. agar8_Heritage Images GettyImages_retrofuturism Heritage Images/Getty Images

    The Techno-Realist Manifesto

    Nicholas Agar & Stuart Whatley question the widespread belief that all our biggest problems will soon succumb to engineered solutions.
  6. sierakowski113_Sean GallupGetty Images)_merkel Sean Gallup/Getty Images

    Has Angela Merkel No Shame?

    Sławomir Sierakowski marvels at the former German chancellor’s denial of her own role in Europe’s current malaise.
  7. james224_Francis LochonGettyImages_ussr_dolls Francis Lochon/Getty Images

    Is America the Next Soviet Union?

    Harold James sees parallels between the United States’ political dysfunction and that of its twentieth-century adversary.
  8. haass174_Mohammad AbushamaAnadolu via Getty Images_ceasefire Mohammad Abushama/Anadolu via Getty Images

    A New Chance for the Middle East

    Richard Haass sees hope for long-term ceasefires in Lebanon and Gaza if political leaders recognize their own interests.
  9. naim1_MirrorpixGettyImages_harold_macmillan_resignation Mirrorpix/Getty Images

    The Unpleasant Surprises That Await Trump

    Moisés Naím thinks the US president-elect – and his voters – are in for a rude domestic and international awakening.

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