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Arvind Subramanian

Arvind Subramanian

Writing for PS since 2012
34 commentaries

Arvind Subramanian, a senior fellow at Brown University, is a distinguished non-resident fellow at the Center for Global Development and the author of Of Counsel: The Challenges of the Modi-Jaitley Economy (India Viking, 2018).

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  1. The Age of Verbiage
    subramanian35_erhui1979Getty Images_speechbubbles erhui1979/Getty Images

    The Age of Verbiage

    Feb 1, 2023 Arvind Subramanian blames today’s nonstop inundation of expert opinion for undermining the quality of public discourse.

  2. Global Cooperation Is Not Necessary to Fight Climate Change
    subramanian34_ Kevin FrayerGetty Images_china solar panels Kevin Frayer/Getty Images

    Global Cooperation Is Not Necessary to Fight Climate Change

    Nov 10, 2022 Arvind Subramanian explains why protectionist industrial policies could help reduce global clean-energy prices.

  3. The Case for Structural Financial Deglobalization
    subramanian33_MANDEL NGANAFP via Getty Images_fed MANDEL NGAN/AFP via Getty Images

    The Case for Structural Financial Deglobalization

    Oct 28, 2022 Arvind Subramanian urges emerging and developing countries to erect barriers to certain cross-border capital flows.

  4. Three Globalization Shocks Could Hurt China and Help India
    subramanian32_SAJJAD HUSSAINAFP via Getty Images_indiaworker Sajjad Hussain/AFP via Getty Images

    Three Globalization Shocks Could Hurt China and Help India

    Aug 11, 2022 Arvind Subramanian & Josh Felman explain why the effects of recent disruptions to world trade will continue to vary across countries.

  5. The West Has Got Its Russia Sanctions Wrong
    subramanian31_ATTILA KISBENEDEK AFP) (Photo by ATTILA KISBENEDEKAFP via Getty Images_sanctions russia ATTILA KISBENEDEK/AFP via Getty Images

    The West Has Got Its Russia Sanctions Wrong

    May 10, 2022 Arvind Subramanian & Josh Felman call on governments to replace their current strategy with collective export restrictions.

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  1. buiter45_Jabin BotsfordThe Washington Post via Getty Image_jeromepowell Jabin Botsford/The Washington Post via Getty Images
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    Price Stability vs. Financial Stability?

    Willem H. Buiter

    If the US Federal Reserve raises its policy interest rate by as much as is necessary to rein in inflation, it will most likely further depress the market value of the long-duration securities parked on many banks' balance sheets. So be it.

     thinks central banks can achieve both, despite the occurrence of a liquidity crisis amid high inflation.
  2. frankel145_ Richard Baker In Pictures via Getty Images_exchangerates Richard Baker/In Pictures via Getty Images
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    Fifty Years of Floating Currencies

    Jeffrey Frankel explains why the shift toward exchange-rate flexibility after 1973 was not a policy failure, as many believed.
  3. harrington34_Drew AngererGetty Images_avril haines Drew Angerer/Getty Images
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    What Do America’s Spies Really Think About China?

    Kent Harrington thinks the intelligence community’s annual threat assessment should have delved deeper on the issue.
  4. grafton2_ SIMON MAINAAFP via Getty Images_water SIMON MAINA/AFP via Getty Images
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    Waking Up to the World’s Water Crisis

    Quentin Grafton, et al. see three overarching priorities for the first global water conference in almost a half-century.
  5. benami199_BULENT KILICAFP via Getty Images_ukraine BULENT KILIC/AFP via Getty Images
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    Peace Requires Betrayal

    Shlomo Ben-Ami shows why Ukraine and Russia will most likely have to pursue an unpopular endgame to stop the bloodshed.
  6. reichlin29_David L. RyanThe Boston Globe via Getty Images_svb David L. Ryan/The Boston Globe via Getty Images
    2

    Lessons from the SVB Collapse

    Lucrezia Reichlin

    Although Silicon Valley Bank was not deemed to be systemically important, its insolvency forced the US Federal Reserve to head off systemic contagion and exposed the inadequacy of the FDIC’s partial deposit insurance regime. The financial-stability framework adopted after the 2008 crisis obviously needs another overhaul.

     considers what the bank’s failure should mean for the current financial-stability framework.
  7. foglia4_kentohGetty Images_bankingregulations kentoh/Getty Images
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    It’s the Banking Regulations, Stupid

    Antonio Foglia traces the Silicon Valley Bank failure back to fundamental flaws in the prevailing governance framework.
  8. mazzucato52_Mario TamaGetty Images_water agriculture drought Mario Tama/Getty Images
    4

    Confronting the Global Water Crisis

    Mariana Mazzucato, et al. offer a seven-point blueprint for preserving one of the planet’s most important natural systems.
  9. op_haass3_Chris HondrosGetty Images_iraqwar Chris Hondros/Getty Images
    10

    Revisiting America’s War of Choice in Iraq

    Richard Haass considers the enduring lessons from a foreign intervention that was both ill-conceived and poorly executed.

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