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.
Reinhart to the World Bank
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Preventing a COVID-19 Food Crisis
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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Restructuring Argentina’s Private Debt is Essential
Restructuring Argentina’s Private Debt is Essential
May 6, 2020 Joseph E. Stiglitz, et al. urge private creditors to accept a proposal that many other crisis-hit economies will need as well.
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Suspend Emerging and Developing Economies’ Debt Payments
Suspend Emerging and Developing Economies’ Debt Payments
Apr 13, 2020 Carmen M. Reinhart & Kenneth Rogoff urge multilateral, sovereign, and private lenders to recognize reality and minimize the risk of mass default.
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This Time Truly Is Different
This Time Truly Is Different
Mar 23, 2020 Carmen M. Reinhart notes that even the 1918-19 influenza pandemic offers no guidance about the likely economic impact of COVID-19.
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Jerome Powell’s Dilemma
Jerome Powell’s Dilemma
Sep 18, 2019 Carmen M. Reinhart & Vincent Reinhart point out that the Federal Reserve's mandate requires policies that boost Donald Trump's reelection chances.
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Explaining Inflation Inertia
Explaining Inflation Inertia
May 6, 2019 Carmen M. Reinhart points out that policymakers who want to boost price growth or rein it in are wrestling with the same problem.
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