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Curated by Project Syndicate

Reinhart to the World Bank

11 commentaries

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.

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  1. 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.

  2. Restructuring Argentina’s Private Debt is Essential
    stiglitz272_Matías BagliettoNurPhoto via Getty Images_martinguzmanargentinadebtimf Matías Baglietto/NurPhoto via Getty Images

    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.

  3. Suspend Emerging and Developing Economies’ Debt Payments
    reinhart41_Mamunur RashidNurPhoto via Getty Images_bangladesh poverty Mamunur Rashid/NurPhoto via Getty Images 

    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.

  4. This Time Truly Is Different
    reinhart40_JOHANNES EISELEAFP via Getty Images_usstockmarket Johannes Eisele/AFP via Getty Images

    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.

  5. Jerome Powell’s Dilemma
    reinhart39_ Sha HantingChina News ServiceVisual China Group via Getty Images_jerome powell Sha Hanting/China News Service/Visual China Group via Getty Images

    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.

  6. Explaining Inflation Inertia
    reinhart38_blackred_getty images_inflation blackred/Getty Images

    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.

  1. nishtar8_AMAURY HAUCHARDAFP via Getty Images_africavaccine Amaury Hauchard/AFP via Getty Images

    Fifty Years of Immunization Success Call for 50 More

    Sania Nishtar touts the remarkable results of global collaboration on routine vaccination and foresees continued progress.
  2. GettyImages-2149550584 Photo by MARK PETERSON/POOL/AFP via Getty Images

    Trump on Trial

    From a long list of criminal indictments to unfavorable voter demographics, there is plenty standing between presumptive GOP nominee Donald Trump and a second term in the White House. But a Trump victory in the November election remains a distinct possibility – and a cause for serious economic concern.

  3. woods56_Alex WongGetty Images_georgieva Alex Wong/Getty Images

    The IMF Chose the Right Leader the Wrong Way

    Ngaire Woods thinks the Fund’s process for selecting its managing director is woefully out of step with today’s world.
  4. bildt122_Mikhail SvetlovGetty Images_trumpputin Mikhail Svetlov/Getty Images

    Trump Is Putin’s Only Hope Now

    Carl Bildt considers the implications of Ukraine finally receiving the Western military aid it has been waiting for.
  5. frankel159_Getty Images_customer service Getty Images

    How to Rebuild Trust in Public Institutions

    Eleanor Carter & Carolyn J. Heinrich highlight the value of face-to-face interactions at a time when governments are phasing out in-person services.
  6. isenberg1_TIMOTHY A. CLARYPOOLAFP via Getty Images_trumptrial Timothy A. Clary/Pool/AFP via Getty Images

    Is Trump Above the Law?

    Nancy Isenberg

    Contrary to what former US President Donald Trump would have the American public believe, no president enjoys absolute immunity from criminal prosecution. To suggest otherwise is to reject a bedrock principle of American democracy: the president is not a monarch.

    explains why the US Supreme Court must reject the former president's claim to immunity from prosecution.
  7. deryugina1_BEN BIRCHALLPOOLAFP via Getty Images_ukraineflagsoldier Ben Birchall/Pool/AFP via Getty Images

    Ukraine Is Far From Doomed

    Tatyana Deryugina & Anastassia Fedyk

    When comparing Ukraine’s situation in 2024 to Europe’s in 1941, Russia’s defeat seems entirely possible. But it will require the West, and the US in particular, to put aside domestic political squabbles and muster the political will to provide Ukraine with consistent and robust military and financial assistance.

    compare Russia's full-scale invasion to World War II and see reason to hope – as long as aid keeps flowing.
  8. glennerster2_Scott OlsonGetty Images)_vaccines Scott Olson/Getty Images)

    The Pandemic Financing Developing Countries Need

    Rachel Glennerster urges multilateral development banks to establish mechanisms that enable at-risk vaccine purchases.
  9. krueger74_AFP via Getty Images_nigercoup AFP via Getty Images

    The Geopolitics of Africa’s Debt Crisis

    Anne O. Krueger urges developed countries to back efforts by the IMF and the World Bank to promote growth-enhancing reforms.

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