Economics

Economics is a discipline concerned with the consumption, production, and transfer of wealth by and among individuals (microeconomics) and communities or nations (macroeconomics); subspecialties range from economic development and planning to health economics and international economic relations. RAND's many economists contribute to multidisciplinary research projects by exploring the intersections where economics informs social, military, and governmental policy decisions.

  • Iran flag above Tehran skyline

    Commentary

    A Better Deal for Iran

    It is critical for lawmakers to understand there will be serious consequences for rejecting the Iran deal. And those consequences look a lot worse for the United States and its partners than for Iran.

    Aug 24, 2015

  • Residents do morning exercises at a park on a hazy day in Shenzhen, Guangdong province February 12, 2015

    Commentary

    China at Home: Marrying Prosperity and Well-Being

    As China strives to sustain its upward economic trajectory, it must also address its domestic problems—such as air pollution and the challenges presented by its aging population—if its people are to share fully in the rewards of economic development and expansion.

    Aug 21, 2015

  • Palestinians walk past Israel's controversial barrier as they make their way to attend the fourth Friday prayer of Ramadan in Jerusalem's al-Aqsa mosque, at Qalandia checkpoint near the West Bank city of Ramallah July 10, 2015

    Commentary

    U.S. Could Push One-State Solution to Bring About Israel-Palestine Peace

    If the next U.S. administration were to conclude that perpetuating the status quo for another eight years was unacceptable or unachievable, they might begin speaking of the one-state solution not as its preferred outcome, but as one more acceptable than no solution at all.

    Aug 18, 2015

  • The three main members of the Eurasian Economic Union, Belarus' President Alexander Lukashenko, Kazakhstan's President Nursultan Nazarbayev, and Russia's President Vladimir Putin, meet in Astana March 20, 2015

    Commentary

    Eurasia Facing Tough Choices for the Future

    There is much to be said for Eurasia's rich ethnic, national, religious, and cultural diversity. In the economic sphere, however, Eurasians should reassess bad habits, such as weak property rights, centralized state control, and associated corruption.

    Aug 13, 2015

  • Myanmar pro-democracy leader Aung San Suu Kyi and China's President Xi Jinping meet at the Great Hall of the People in Beijing, China, June 11, 2015

    Commentary

    Aung San Suu Kyi's Trip to China: Sino-Myanmar Relations as the Countdown to the November Elections Begins

    For Aung San Suu Kyi and the rest of the National League for Democracy (NLD) delegation, meeting with Chinese leadership provided a forum for bilateral engagement with one of Myanmar's most important neighbors in the region, relations that will expand given the NLD's likely success at the polls in November.

    Aug 10, 2015

  • A green bacteria colony

    Commentary

    The Cost of Resistance and the Attack of the Microbes

    If left unaddressed, the threat posed by antimicrobial resistance and the rise of “superbugs” could devastate the world economy and pose a deadly threat to humanity.

    Aug 7, 2015

  • Protesters wave Armenian national flags during a rally against a hike in electricity prices in Yerevan, Armenia July 1, 2015

    Commentary

    It's Time to Reboot Our Relationship with Russia and Iran's Neighbors

    In implementing the prospective Iran nuclear agreement, the West cannot forget its engagement in the vulnerable South Caucasus. The Iran deal changes the equation for all three countries and perhaps opens new opportunities.

    Jul 28, 2015

  • Iranian President Hassan Rouhani at the Asian African Conference in Jakarta, April 22, 2015

    Commentary

    Post Deal, Can Rouhani Deliver on Promises of Reform?

    Rouhani was elected president because he offered hope; he claimed that the nuclear agreement would be the key to unlock or solve Iran's problems. But it will take more than that to make Iran a better place to live. Can he achieve his people's dreams? Is he even willing?

    Jul 24, 2015

  • Los Angeles freeway

    Commentary

    Pay as You Go

    Using vehicle miles traveled as a means of distributing the cost of maintaining America's roads and bridges may not be the only answer. But it represents the kind of innovative thinking that is necessary when this sector of the American transportation infrastructure is desperately in need of a fix.

    Jul 22, 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

  • A poster of Ayatollah Ali Khamenei, Hezbollah Secretary-General Sayyed Hassan Nasrallah, and others behind Iranian, Syrian, Lebanese, and Hezbollah flags during Resistance and Liberation Day celebrations in Bint Jbeil, Lebanon, May 25, 2014

    Commentary

    Global Terror Network Will Get a Boost from Iran Nuclear Deal

    Iranian sponsorship of terrorist organizations cannot be divorced from the negotiations because the sanctions that will be lifted provide new sources of funding to reinforce the Iran threat network. A global strategy to address the Iran threat network is essential to stability in the region.

    Jul 15, 2015

  • Iranian Foreign Minister Mohammad Javad Zarif waves after a plenary session at the UN building, Vienna, July 14, 2015

    Commentary

    The Iran Nuclear Deal: RAND Experts Answer Questions About the Days Ahead

    Diplomats have reached a nuclear agreement with Iran. Now, the United States faces important policy decisions that will help shape the days ahead and the relationship that emerges between Iran and the other parties involved.

    Jul 14, 2015

  • World Bank nutrition program in Djibouti

    Project

    Review of the World Bank's Strategic Impact Evaluation Fund

    The UK Department for International Development commissioned RAND Europe to conduct a Mid Term Review of the World Bank's Strategic Impact Evaluation Fund. The review will draw on a number of methods to collect a wide range of data upon which the review will be based.

    Jul 10, 2015

  • Report

    Strategic Impact Evaluation Fund Mid Term Review: Final Report

    The Department for International Development (DfID) commissioned RAND Europe to conduct a Mid Term Review of the Strategic Impact Evaluation Fund, run by the World Bank.

    Jul 10, 2015

  • Report

    Insights on earlier adoption of medical innovations: An international review of emerging and effective practice in improving access to medicines and medical technologies

    This briefing supports the Accelerated Access Review by conducting a study to examine international examples of accelerating the use of drugs, devices and diagnostics.

    Jul 10, 2015

  • U.S. Secretary of State John Kerry in front of Palais Coburg, the venue for the Iran nuclear talks, Vienna, Austria, July 5, 2015

    Commentary

    Here's What Will Happen If the Iran Deal Falls Through

    Even a strong nonproliferation agreement that prevents all pathways toward the Iranian bomb won't magically transform the Middle East. But on balance, the region would be better off with a good nuclear deal than without one.

    Jul 7, 2015

  • Journal Article

    Roles of Prices, Poverty, and Health in Medicare and Private Spending in Texas

    Variation in private spending reflects the ability of the local population to pay for healthcare, whereas variation in Medicare is more driven by health status.

    Jul 7, 2015

  • Iran's President Hassan Rouhani arrives to attend the closing statement for the Asian-African Conference in Jakarta April 23, 2015

    Commentary

    Who Benefits from Iran Sanctions Relief?

    More than $100 billion of Iranian oil proceeds are “frozen” in foreign bank accounts under the current sanctions regime. The repatriation of Iran's money would no doubt boost a flagging economy.

    Jul 2, 2015

  • Report

    RAND Review: July-August 2015

    This issue of RAND Review reports on the economic costs of the Israeli-Palestinian conflict, healthy menu options for food trucks, ways to bridge the civilian-military gap, the depiction of terrorism on television, and more.

    Jul 2, 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