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Jeffrey Frankel

Jeffrey Frankel

Writing for PS since 2000
192 commentaries
2 videos & podcasts


Jeffrey Frankel, Professor of Capital Formation and Growth at Harvard University, previously served as a member of President Bill Clinton’s Council of Economic Advisers. He is a research associate at the US National Bureau of Economic Research.

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  1. In the Dollar We Trust
    frankel139_KAZUHIRO NOGIAFP via Getty Images_yen dollar exchange KAZUHIRO NOGI/AFP via Getty Images

    In the Dollar We Trust

    Sep 21, 2022 Jeffrey Frankel argues that the greenback’s recent surge is being driven by the relative resiliency of the US economy.

  2. Why Commodity Prices Are Likely to Fall Further
    frankel138_Brandon BellGetty Images_gas prices Brandon Bell/Getty Images

    Why Commodity Prices Are Likely to Fall Further

    Aug 23, 2022 Jeffrey Frankel argues that slower global growth and higher real interest rates suggest a persistent downward trend.

  3. Is the US in Recession?
    frankel137_Spencer PlattGetty Images_recession fears Spencer Platt/Getty Images

    Is the US in Recession?

    Jul 18, 2022 Jeffrey Frankel explains why the upcoming Bureau of Economic Analysis release could mislead on this crucial question.

  4. Does International Trade Weaken or Strengthen Countries’ Resilience?
    strain2_SAUL LOEBAFP via Getty Images_USbabyformula Saul Loeb/AFP via Getty Images

    Does International Trade Weaken or Strengthen Countries’ Resilience?

    Jun 20, 2022 Jeffrey Frankel argues that rolling back protectionist measures could help mitigate four pressing economic problems.

  5. Get Ready for Reverse Currency Wars
    frankel135_KAZUHIRO NOGIAFP via Getty Images_exchange rate KAZUHIRO NOGI/AFP via Getty Images

    Get Ready for Reverse Currency Wars

    May 25, 2022 Jeffrey Frankel warns that a series of competitive exchange-rate appreciations would hurt poorer economies the most.

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  1. signe10_ISSOUF SANOGOAFP via Getty Images_africatextilemanufacturing Issouf Sanogo/AFP via Getty Images

    The Key to Unlocking Africa’s Economic Potential

    Landry Signé explains why fostering trade integration and regional value chains is essential for the continent to prosper.
  2. james196_Michael M. SantiagoGetty Images_unitednations Michael M. Santiago/Getty Images

    Geopolitical Davids and Goliaths

    Harold James considers lessons from smaller countries about how to wield power and influence in the twenty-first century.
  3. barroso10_MAMYRAELAFP via Getty Images_covax MAMYRAEL/AFP via Getty Images

    Preparing for the Next Global Catastrophe

    José Manuel Barroso explains why global leaders must focus on creating equitable response mechanisms ahead of the next crisis.
  4. bergamaschi2_ ALBERTO PIZZOLIAFP via Getty Images_heatwave italu ALBERTO PIZZOLI/AFP via Getty Images

    Italy’s Next Government Must Tackle Climate Security

    Luca Bergamaschi shows why the country’s politicians can no longer afford to ignore a major threat to national security.
  5. Tubiana13_Getty Images Getty Images

    Europe and the New Non-Alignment

    Laurence Tubiana

    Despite the massive civilian suffering in Ukraine, many countries have been wary of taking sides, owing both to a perception of European double standards and to Russia’s leverage over energy and commodity prices. But while new geopolitical dynamics have complicated climate advocacy, they certainly haven't derailed it.

    sees both challenges and opportunities for climate policy in an era of geopolitical fragmentation.
  6. cliffe7_ EDUARDO SOTERASAFP via Getty Images_drought eastern africa EDUARDO SOTERAS/AFP via Getty Images

    The Sting of Climate Risk Is in the Tails

    Mark Cliffe thinks conventional models have overemphasized the long term at the expense of more immediate threats.
  7. agar7_Getty Images_ai teacher Getty Images

    Should Humanities Professors Be Automated?

    Nicholas Agar considers the implications of recent successes with AI-generated academic research and writing.
  8. GettyImages-1242343947 SOPA Images / Contributor via Getty Images

    Should Energy Companies’ Windfall Profits Be Taxed?

    Imposing a one-off tax on energy companies’ extraordinary profits might seem like a no-brainer at a time of soaring inflation, but the idea has more than a few detractors. As policymakers in a growing number of economies move ahead, we asked PS commentators whether they are right to do so.

  9. solana145_Nathan PosnerAnadolu Agency via Getty Images_biden Nathan Posner/Anadolu Agency via Getty Images

    The Global Necessity of American Democracy

    Javier Solana shows why the political health of the United States has become a matter of global concern.

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