Carmen Reinhart
Carmen Reinhart is Professor of the International Financial System at Harvard University's Kennedy School of Government.
Carmen Reinhart is Professor of the International Financial System at Harvard University's Kennedy School of Government.
In Italy’s December 4 referendum, voters will approve or reject the country’s most extensive constitutional reforms since the monarchy was abolished at the end of World War II. But the vote also amoun… read more
Despite the broad global trend toward more flexibility in exchange-rate policy and freer movement of capital across national borders, many countries are lacking dollars. Indeed, in many developing cou… read more
In a Project Syndicate commentary last month, Robert Skidelsky called rising levels of public debt in the advanced countries a "scarecrow" and urged more borrowing. But, as Greece, Italy, and Japan ha… read more
Monetary expansion is all the rage in the major economies, with central bank after central bank employing tools like quantitative easing and ultra-low – or even negative – interest rates to boost thei… read more
In an era when public debt write-offs are widely viewed as unacceptable and governments are often reluctant to write off private debts, sustained negative real returns are the slow-burn path to reduci… read more
Less than a decade after the 2008 financial crisis dealt a major blow to globalization, Brexit has just delivered another. With the world already facing anemic growth and low investment, any adequate … read more
Argentina has emerged from nearly 15 years of the most litigious sovereign default in modern times, enabling the country to reenter the global financial system and build a more stable and prosperous f… read more
With the largest economies, nearly eight years after the global financial crisis, burdened by high and rising levels of public and private debts, it is baffling that comprehensive restructuring does n… read more
China’s commitment to prop up its currency appears to be incompatible with its recent turn toward more accommodative monetary policies. The country will undoubtedly find it easier if it allows the ren… read more
