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.

  • 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

  • Indonesia - traditional tribal market

    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

  • News Release

    Economic Growth Will Be the Main Driver of Mobility in China in 2030

    Continued economic growth will be the main driver of future mobility and automobile use in China, but constraints on vehicle use and environmental regulations will be important issues as well.

    Jun 30, 2015

  • Shanghai Nanpu Bridge at dusk

    Report

    Economic Growth Will Be the Main Driver of Mobility in China in 2030

    Continued economic growth will be the main driver of future mobility and automobile use in China, but constraints on vehicle use and environmental regulations will be important issues as well.

    Jun 30, 2015

  • Chinese currency

    Commentary

    China's Foreign Aid Offensive

    China has given an average of $174 billion per year in foreign assistance for the last six years. How will the scale of its foreign aid change in the future?

    Jun 29, 2015

  • Supporters of the Affordable Care Act celebrate after the Supreme Court ruled in favor of the Obama administration, Washington, DC, June 25, 2015

    Commentary

    Why Obamacare Lives

    Economic reasoning took center stage in the Supreme Court's decision on Thursday to uphold the legality of the Affordable Care Act's subsidies in all states. The subsidies are critical to ensuring that healthy people, with lower health care costs, have adequate incentive to enroll.

    Jun 26, 2015

  • What are the costs of the Israeli-Palestinian conflict?

    Essay

    The Price of Peace

    Groundbreaking analysis by a team of RAND economists and policy experts reveals how much Israelis and Palestinians stand to lose from the enduring conflict, and how much they could gain in peace.

    Jun 24, 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