Geo-Economics and Politics
What can be done about COVID-19 debt surges
2020 saw the largest single-year surge in global debt since at least 1970, as a result of the global pandemic. So, what can policymakers do?
Carmen M. Reinhart
1978, BA, Florida International University (honours); 1980, MA, 1981, MPhil and 1988, PhD, Columbia University. Chief Economist and Vice-President, Bear Stearns; Senior Policy Adviser and Deputy Director, International Monetary Fund; Professor and Director, Center for International Economics, University of Maryland; Dennis Weatherstone Chair, Peterson Institute for International Economics. Member: National Bureau of Economic Research, Centre for Economic Policy; Council on Foreign Relations. Federal Reserve Bank of New York Advisory Panel, honorary member, Latin American and Caribbean Economic Association. Author on topics in international finance and macroeconomics. Co-Author of “This Time is Different: Eight Centuries of Financial Folly” and “Assessing Financial Vulnerability: An Early Warning System for Emerging Markets”. Recipient in 2018 of the King Juan Carlos Prize in Economics.
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Industries in Depth
¿Cómo evitar que la COVID‑19 provoque una crisis alimentaria?
La pandemia de coronavirus podría afectar a la seguridad alimentaria en los países en desarrollo, a menos que los gobiernos actúen con decisión, escriben dos expertos financieros.
Food and Water
How can we prevent a COVID-19 food crisis?
The coronavirus pandemic could impact food security in developing countries - unless governments act decisively, write two financial experts.
Health and Healthcare Systems
COVID-19: Why restructuring Argentina’s debt is so significant
Argentina's debt is being restructured, to make repayments more sustainable. Many hope that this could set a precedent for the COVID-19 pandemic.
Health and Healthcare Systems
Es fundamental reestructurar la deuda privada argentina
Joseph E. Stiglitz, Edmund S. Phelps y Carmen M. Reinhart instan a los acreedores privados a aceptar una propuesta que muchas otras economías afectadas por la crisis necesitarán también.
Health and Healthcare Systems
L'argument en faveur de la suspension du paiement de la dette des économies émergentes pendant toute la durée de la pandémie
Les économistes Carmen Reinhart et Kenneth Rogoff soutiennent qu'il est peu réaliste que les créanciers attendent le remboursement de la dette des pays qui ont besoin de ces ressources po...
Health and Healthcare Systems
El argumento para suspender el pago de la deuda de las economías emergentes durante la pandemia
Los economistas Carmen Reinhart y Kenneth Rogoff sostienen que no es realista que los acreedores esperen el reembolso de la deuda de los países que necesitan esos recursos para luchar con...
Health and Healthcare Systems
The argument for suspending debt payments for emerging economies throughout the pandemic
Economists Carmen Reinhart and Kenneth Rogoff argue it's short-sighted for creditors to expect debt repayments from countries who need those resources to combat COVID-19.
Economic Growth
How can Italy resolve its debt crisis?
Political unrest and economic uncertainty have left Italy with very few recovery options.
¿Los precios del petróleo van camino a otro pico?
El precio en la bomba de gasolina superior alcanzó los 3 dólares por galón en gran parte de Estados Unidos en las últimas semanas, lo que sorprende a los consumidores pero no a los analis...
Economic Growth
The US, its current-account deficit and the rest of the world
Carmen Reinhart explores why global imbalances persist.
Economic Growth
There's hope for global economic growth, but should we be more cautious?
The latest World Economic Outlook presents an optimistic picture for global growth, but the authors argue this might be misplaced.
Economic Growth
No currency can compete: Here's why the US dollar still rules
Carmen Reinhart explores the US dollar's position as teh world's dominant currency.
Economic Growth
A decade of deflation could be over. What it means for central banks
Carmen Reinhart explores deflation across the globe.
Economic Growth
A strengthening dollar, but will there be an intervention?
Carmen Reinhart explores the impact of a strengthening dollar.