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Kemal Derviş

Kemal Derviş

Writing for PS since 2003
101 commentaries
0 videos & podcasts

Kemal Derviş, former Minister of Economic Affairs of Turkey and former Administrator for the United Nations Development Program (UNDP), is Senior Fellow at the Brookings Institution.

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  3. eichengreen140_CHANDAN KHANNAAFP via Getty Images_unemploymentpaperscoronavirusUS Chandan Khanna/AFP via Getty Images

    The Human-Capital Costs of the Crisis

    Barry Eichengreen

    Unlike a hurricane or earthquake, the coronavirus pandemic has caused no damage to physical capital stock. But firm-specific skills have no value when the firm that uses them goes out of business, which is one reason why US productivity, wages, and economic growth are likely to be affected for years to come.

    0
  4. op_campanella8_Photo12Universal Images Group via Getty Images_blackdeathplague Photo12/Universal Images Group via Getty Images
    Free to read

    The Invisible Killers

    Edoardo Campanella

    Although the COVID-19 pandemic has been treated as though it were an unprecedented global catastrophe, we have been here before – many times. As two recent works of history show, pandemics are a recurring and ineradicable feature of human civilization.

    2

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