Economic Policy

Economic policies are the end results of economic planning: the decisions governments make to influence the production, consumption, and sharing of wealth. RAND research has explored economic policies from the local to the international level, including their effects on international trade and foreign relations, their relation to policies focusing on public health and the environment, and their impact on economic growth and recessions.

  • Report

    Inequality and Opportunity: The Relationship Between Income Inequality and Intergenerational Transmission of Income

    This report aims to understand the extent to which inequalities in opportunity and outcomes are related -- and the mechanisms that drive that relationship -- to help evaluate which policies have the most potential to level the playing field.

    May 23, 2016

  • Israel's flag on a ribbon

    Report

    Developing Long-Term Socioeconomic Strategy in Israel

    Israel faces economic and social challenges. The government has not developed and implemented strategic responses to socioeconomic problems that demand longer-term policy action. How can it form and implement a socioeconomic strategy and take a long-term view of these issues?

    Apr 25, 2016

  • A satellite orbiting Earth

    Commentary

    The Democratization of Space

    A new economic model for outer space must account for lower barriers to entry and the involvement of more and more stakeholders, such as developing countries and start-ups.

    Mar 28, 2016

  • Construction cranes in the city of Erbil in Kurdistan - Iraq

    Report

    Calculating the Gross Regional Product of the Kurdistan Region — Iraq

    Estimates the gross regional product (GRP) of the Kurdistan Region -- Iraq in 2012 (excluding natural resources) and describes efforts to set up a system for data collection and analysis to support future annual GRP calculation.

    Mar 22, 2016

  • Crossing into Romania from Bulgaria on the Danube Bridge

    Commentary

    Why the EU Single Market Is Still an Incomplete Jigsaw

    The Single Market has contributed to economic growth and consumer welfare within the European Union. However, its true potential remains unfulfilled, with gaps in several key areas.

    Feb 16, 2016

  • Traders work on the floor of the New York Stock Exchange after an announcement by the Federal Reserve, October 28, 2015

    Commentary

    Zero Interest, Greater Inequality?

    Low interest rates mandated by the Federal Reserve may have had and possibly continue to have adverse effects on income inequality. Those who argue for continuing near-zero short-term interest rate policy should be cognizant of this.

    Nov 2, 2015

  • Colleagues discussing ideas

    Commentary

    Do Young 'Elites' Favor Income Redistribution?

    Young “elites” — employed Americans who are 40 or younger, with high household incomes and graduate degrees — and especially Democratic elites have a strong preference for income redistribution.

    Oct 8, 2015

  • Greek Prime Minister Alexis Tsipras (C) at the first meeting of the new cabinet in the parliament building in Athens, Greece September 25, 2015

    Commentary

    The Greek Tragedy's Next Act Unfolds

    On regaining the mantle of prime minister, Tsipras should expect little, if any, honeymoon from the Greek electorate, as he faces not just the implementation of austerity measures demanded by the International Monetary Fund and the EU: He must also cope with Greece's part of a European migration crisis of historic proportions.

    Sep 27, 2015

  • A market in Indonesia

    Report

    Reforming Policies for SMEs in Indonesia

    Small and medium-sized enterprises are critical for emerging economies like Indonesia but simultaneously challenging for policymakers looking to support their growth. Interviews with 192 firms in Indonesia investigate the constraints they face and how existing programs do — or do not — help.

    Jul 20, 2015

  • Pro-Euro protestors hold Greek national flags during a rally in front of the parliament building, in Athens, Greece, June 30, 2015

    Commentary

    The Political Solution to the Greek Financial Crisis

    The outcome of Greece's financial crisis will have broad consequences for its already-devastated economy and, to a considerable extent, for the rest of Europe. The core problem is less about economics than about politics.

    Jun 30, 2015

  • Greek Prime Minister Alexis Tsipras at the St. Petersburg International Economic Forum, June 19, 2015

    Commentary

    Greek Financial Crisis: All You Need to Know

    Europeans should not rush to eject the Greeks from either the euro or the E.U. They should have the patience to let Greek politics run its course.

    Jun 21, 2015

  • Commercial Book

    Puzzles, Paradoxes, Controversies, and the Global Economy

    In this wide-ranging collection of essays first published between 2007 and 2014, Charles Wolf Jr. shares his insights on the world's economies, including those of China, the United States, Japan, Korea, India, and others.

    Jun 1, 2015

  • Glass globe on graph of world economies and currency

    Blog

    Puzzles, Paradoxes, Controversies, and the Global Economy

    In a wide-ranging collection of essays first published between 2007 and 2014, Charles Wolf Jr. shares his insights on the world's economies, including those of China, the United States, Japan, Korea, India, and others.

    Jun 1, 2015

  • Iraqi security forces during a patrol, looking for Islamic State militants on the outskirts of Ramadi, April 9, 2015

    Commentary

    Iraq Is Bankrolling ISIL

    Iraq continues to fund ISIL by continuing salaries to the many Iraqi government employees who live in ISIL-controlled territory. That fact is a reminder of how poorly the country has been governed.

    May 26, 2015

  • Brochure

    RAND's Impact in the Middle East

    Provides an overview of RAND's impact in the Middle East in the areas of supporting youth, health and health care, education, energy and environment, labor market reform and private-sector development, capacity-building, and planning for the future.

    Apr 29, 2015

  • Report

    Potential Economic Effects on Individual Retirement Account Markets and Investors of DOL's Proposed Rule Concerning the Definition of a 'Fiduciary'

    This paper examines the potential effects of the U.S. Department of Labor, Employee Benefits Security Administration's proposed rule 29 CFR Part 2510, Definition of the Term "Fiduciary" on people with Individual Retirement Accounts.

    Apr 28, 2015

  • A man at an Occupy Wall Street protest in New York City, October 2011

    Commentary

    Growth Versus Equality: Striking the Right Balance

    There's a difficult trade-off between income equality and the growth that comes from successful innovation. But one doesn't have to overwhelm the other.

    Jan 30, 2015

  • Commercial Book

    China's Great Leap Outward: Hard and Soft Dimensions of a Rising Power

    This book brings together essays with material that explores China's economic and military expansion in the Asia-Pacific region, as well as the core principles and motivations that guide China's growing influence in Latin America and Africa.

    Jan 29, 2015

  • A board displays currency exchange rates on a Moscow street, December 29, 2014

    Commentary

    Rapprochement with Russia?

    The ruble's fragility presents an opportunity for American and European diplomats to offer Putin a deal that de-escalates the war in Ukraine, provides Russia sanctions relief, and revitalizes Moscow's economic ties with the West.

    Dec 30, 2014

  • Brochure

    The Economic Cost of Social Security Fraud and Error

    RAND Europe examined the evidence on fraud and error in social security systems in several countries, crafted a definition of fraud as distinct from error and corruption, and looked at the wider costs to society and the drivers of fraud and error.

    Dec 29, 2014