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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. acemoglu72_ Hulton ArchiveGetty Images_cottonhandweaving Hulton Archive/Getty Images
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    History Already Tells Us the Future of AI

    Daron Acemoglu & Simon Johnson find policy lessons for the 2020s in the work of the early-nineteenth-century economist David Ricardo.
  2. silber3_William Thomas CainGetty Images_trumpplazahotel William Thomas Cain/Getty Images
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    Trump and the Risk of a US Debt Default

    William L. Silber thinks the former president would be even more reckless if awarded another term this year.
  3. lboone2_Celestino ArceNurPhoto via Getty Images_ukraine Celestino Arce/NurPhoto via Getty Images
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    Europe’s Red Tape Is Helping Russia

    Laurence Boone & Nicu Popescu

    The European Union’s cumbersome and narrowly defined regulations for public procurement and spending are not simply inadequate; they are dangerous. They weaken the bloc’s ability to protect itself from a broad range of Russian hybrid attacks while prolonging Russia’s aggression in Ukraine.

     propose a European Defense Production Act to help fast-track processes for public procurement and spending.
  4. posner31_Spencer PlattGetty Images_trumptrial Spencer Platt/Getty Images
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    What to Look for in Trump’s First Trial

    Eric Posner

    The intricate legal issues and colorful characters in Donald Trump's criminal trials will undoubtedly keep the media and the viewing public enraptured for months to come. But when it comes to the 2024 election, all that really matters is how the defendant appears to a narrow sliver of undecided voters.

     points out that optics, more than the law or the facts, will be what matters most for the election.
  5. nixonsaintil2_shark_749Getty Images_AIdataclimatecity shark_749/Getty Images
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    AI Holds the Key to Resilient Cities

    Justina Nixon-Saintil surveys the technology's foreseeable applications in promoting urban sustainable development.
  6. ito36_ KAZUHIRO NOGIAFP via Getty Images_boj KAZUHIRO NOGI/AFP via Getty Images
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    How Risky Is Japan’s Monetary-Policy Normalization?

    Takatoshi Ito considers the implications of the central bank’s exit from negative interest rates and quantitative easing.
  7. bansal1_Getty Images_family Getty Images
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    As Families Change, So Must the Safety Net

    Neha Bansal urges governments to implement policies that promote intergenerational integration and solidarity.
  8. skidelsky200_Getty Images_speech Getty Images
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    The Language of Political Control

    Robert Skidelsky views recent linguistic innovations as manipulative efforts to compel “correct” thought and perception.
  9. basu101_Alfonso Sangiao iStock Getty Images Plus_voting Alfonso Sangiao/iStock / Getty Images Plus
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    Globalization vs. Democracy

    Kaushik Basu highlights the contradictions and vulnerabilities inherent in the current international order.

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