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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. fbirol4_UCGGettyImages_south_africa_power_grid UCG/Getty Images

    What African Electrification Requires

    Fatih Birol & Alain Ebobissé highlight the need for greater private-sector participation to boost investments in power grids.
  2. nye268_John MooreGetty Images_trumpUN John Moore/Getty Images

    How World Order Changes

    Joseph S. Nye, Jr.

    World order is a matter of degree: it varies over time, depending on technological, political, social, and ideological factors that can affect the global distribution of power and influence norms. It can be radically altered both by broader historical trends and by a single major power's blunders.

    examines the role of evolving power dynamics and norms in bringing about stable arrangements among states.
  3. buruma226_Picture AllianceGettyImages_tel _aviv_antiwar_protests Picture Alliance/Getty Images

    Israel’s Blind Spot

    Ian Buruma explains the lack of sympathy, even among the country’s many anti-war protesters, for Palestinian suffering.
  4. sirimanne1_Visual China Group via Getty ImagesVisual China Group via Getty Images_robotelderly Visual China Group via Getty Images

    Will AI Close or Widen the Development Gap?

    Shamika Sirimanne & Xiaolan Fu call for multilateral action and grassroots pressure to ensure that the technology serves all countries.
  5. dickinsongoodman1_DrAfter123Getty Images_datasurveillance DrAfter123/Getty Images

    Don’t Let Governments Break Encryption

    Jessica Dickinson Goodman & Ezequiel Passeron Kitroser urge citizens and lawmakers to fight for the privacy that previous generations took for granted.
  6. wmoore1_Sofiia PetrovaGetty Images_babyvitamins Sofiia Petrova/Getty Images

    Philanthropy in an Era of Declining Development Aid

    William Moore urges practitioners and policymakers to focus on already proven, scalable solutions.
  7. adebajo14_Bill PuglianoGettyImages_trump_wrestlemania Bill Pugliano/Getty Images

    South Africa’s Wrestling Match With Trump

    Adekeye Adebajo considers whether the current G20 president can still advance its agenda in the face of US obstruction.
  8. haldar44_ Ann Ronan PicturesPrint CollectorGetty Images_aristotle Ann Ronan Pictures/Print Collector/Getty Images

    How Aristotle Can Save Us

    Antara Haldar touts a conception of society in which politics and education cultivate the virtue of its members.
  9. laidi35_Pacific PressGettyImages_kaja_kallas_un Pacific Press/Getty Images

    Trump vs. Europe

    Zaki Laïdi

    Donald Trump has left no doubt that he wants to build an authoritarian, illiberal world order based on traditional spheres of influence and agreements with other illiberal leaders. The only role that the European Union plays in his script is an obstacle that must be pushed aside.

    warns that the European Union has no place in Donald Trump’s illiberal worldview.

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