47 Items

Vasi's Cafe is shown closed in St. Clair Shores, Mich., Friday, May 8, 2020. Many restaurants have closed due to the coronavirus pandemic.

AP Photo/Paul Sancya

Analysis & Opinions

Carmen Reinhart: Dissecting Coronavirus Economic Impact and Recovery Options

| May 07, 2020

HOW DO WE AVOID a disastrous humanitarian crisis in developing countries as we emerge from the pandemic lockdowns? Will economic justice be harder or easier to attain after COVID-19? How do we get our nation back to work? Should we focus on the surging federal debt?

An Indian volunteer distributes clothes and food to impoverished Indians during lockdown to prevent the spread of new coronavirus in Hyderabad, India, Tuesday, April 14, 2020. (AP Photo/Mahesh Kumar A.)

AP Photo/Mahesh Kumar A.

Analysis & Opinions - Project Syndicate

Suspend Emerging and Developing Economies’ Debt Payments

| Apr. 13, 2020

Leaders of the world’s largest economies must recognize that a return to “normal” in our globalized world is not possible so long as the pandemic continues its grim march. It is myopic for creditors, official and private, to expect debt repayments from countries where those resources would have to be diverted from combating COVID-19.

As inflation in Argentina soars, Argentina's President Mauricio Macri is hard-pressed to provide answers, September 27, 2018.

Natacha Pisarenko (AP)

Analysis & Opinions - Project Syndicate

Explaining Inflation Inertia

| May 06, 2019

The stubbornness of inflation continues to challenge and mystify central bankers worldwide, Carmen Reinhart writes. But despite variances in different national situations—for instance, in Argentina and in Japan—policymakers are effectively wrestling with the same problem.