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.

  • Research Brief

    One Place, One Budget? Approaches to pooling resources to transform public services

    Summary of report detailing nine case studies where English local authorities are pooling resources to transform public services.

    May 22, 2015

  • Chinese President Xi Jinping speaks during a news conference in Beijing, November 12, 2014

    Commentary

    China's Emerging Vision for World Order

    China's mulling of the risks and benefits of assuming greater global responsibility reveals its judgment that it can't entrust the protection of its interests to U.S. goodwill.

    May 21, 2015

  • Report

    Developing a Methodology for Risk-Informed Trade-Space Analysis in Acquisition

    Through analysis of alternative courses of action and their effects on probability distributions estimated for performance, schedule, and cost, acquisition decisionmakers can understand the implications of certain risk-mitigating actions.

    May 19, 2015

  • Russia's President Vladimir Putin and China's President Xi Jinping at their meeting at the Kremlin in Moscow, May 8, 2015

    Commentary

    How Durable Is the China-Russia 'Friendship?'

    Though China and Russia share key economic interests and oppose what they claim to be a U.S.-dominated world order, their relationship over time promises to be uneven and tense.

    May 13, 2015

  • Group of doctors in a brightly lit hospital hallway

    Report

    Paths to Sustainability for Innovative Delivery System Programs

    Innovative health care delivery organizations are developing programs that aim to improve quality and reduce unnecessary use of acute care and costs. Researchers sought to identify paths to sustainability for these innovative care delivery programs.

    May 12, 2015

  • Cypriot President Nicos Anastasiades and Egyptian President Abdel Fattah al-Sisi observe a guard of honour at the Presidential Palace in Nicosia, April 29, 2015

    Commentary

    Seduced by a Strongman?

    It is not true that domestic politics can be quarantined from foreign policy. In fact, Egypt's domestic and foreign policies are becoming more entangled by the day. And that bleed-over should raise concerns.

    Apr 30, 2015

  • Research Brief

    Evaluating conditional cash transfer programmes: The case of Bolsa Familia

    Summary of report examining factors affecting quality of implementation of the conditional cash transfer (CCT) programme Bolsa Familia.

    Apr 30, 2015

  • School in Haiti

    Content

    Promoting International Development

    RAND Labor and Population conducts research related to international development and helps decisionmakers craft and advance policies that reflect an understanding of how economic conditions, government interventions, and international relations affect living conditions among the developing world's poorest populations.

    Apr 29, 2015

  • Report

    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

  • Tailor working in shop in Bangladesh

    Project

    The Formal-Informal Labor Nexus and Growth in Bangladesh

    RAND is collaborating with the BRAC Institute of Governance and Development (BIGD) at BRAC University in Dhaka to study the relationship between labor markets in the formal and informal sectors in Bangladesh and the role of the informal sector in stimulating economic growth.

    Apr 22, 2015

  • Medical personnel gathered around a laptop

    Journal Article

    Using the Knowledge Base of Health Services Research to Redefine Health Care Systems

    This Perspective discusses 12 key facts derived from 50 years of health services research.

    Apr 22, 2015

  • Littoral Combat Ships under construction in Mobile, Alabama

    Report

    The Economic Consequences of Investing in Shipbuilding: Case Studies in the United States and Sweden

    This report assesses the economic impacts that a shipbuilder has on its local community and region. The authors utilize a case study methodology to examine two U.S. shipbuilders and the Saab Aeronautics Gripen program in Sweden.

    Apr 15, 2015

  • Journal Article

    Fast Methods for Jackknifing Inequality Indices

    This paper outlines a procedure to obtain jackknife estimates for several inequality indices with only a few passes through the data.

    Apr 8, 2015

  • China's Foreign Minister Wang Yi (L) with North Korea's Foreign Minister Ri Su Yong (R) in Naypyidaw, Myanmar, August 10, 2014

    Commentary

    China's North Korean Challenge

    China's North Korea policy seems to suffer from inertia and fear of upsetting the fragile status quo. The enduring goal is to defend Beijing's vital interests by all necessary means. These include preventing domestic insecurity and maintaining a stable buffer state at the gateway to China's political and economic heartland.

    Apr 3, 2015

  • An Iraqi soldier rides in an armoured vehicle in Salahuddin province, Iraq, March 4, 2015, where Islamic State militants set fire to oil wells in the Ajil field east of the city of Tikrit to try to hinder aerial attacks aimed at driving them from the oilfield

    Commentary

    Oil Bonanza: Good News for the World

    World oil prices have fallen by more than 40 percent since June 2014 and over the next several years prices are more likely to fall than to rise. The global economy will benefit hugely from this shift, and it's possible that global security will also benefit from lower oil prices.

    Mar 31, 2015

  • 135380205

    Project

    Assessing the Effectiveness of Conditional Cash Transfers as a Development Mechanism

    Conditional cash transfer programs (CCTs) are seen as particularly effective in low- and middle-income countries, but relatively little is known about the interface between the supply of services and program administration and specific human development outcomes. RAND Europe assessed the effectiveness of CCTs through a two-year grant from UK Economic Social Research Council and Department for International Development.

    Mar 30, 2015

  • U.S. Energy Secretary Ernest Moniz, U.S. Secretary of State John Kerry, Iran's Foreign Minister Mohammad Javad Zarif, and the head of the Atomic Energy Organization of Iran Ali Akbar Salehi before resuming talks over Iran's nuclear program in Lausanne, March 16, 2015

    Commentary

    Don't Scare Off Investors from Iran

    Non-American corporations must decide whether the benefits of pursuing business opportunities in Iran outweigh the risks, and they will likely stay away as long as Congress keeps debating the imposition of new sanctions. Their reluctance to invest could prevent Iran from seeing the economic benefits of a nuclear deal.

    Mar 27, 2015

  • Supporters of Nigerian presidential candidate Muhammadu Buhari gesture in front of his election posters in Kano March 27, 2015

    Commentary

    What's at Stake in Nigeria's Elections

    Next to ethnic and religious predilections, security is by far the biggest issue for Nigerians in Saturday's election. For more than 50 years, since Nigeria's independence from British rule, its military has played an important role in peacekeeping across the continent. Paradoxically, the country has struggled with an insurgency within its own borders.

    Mar 27, 2015

  • Shardlow Wharf, Derbyshire, UK

    Commentary

    Pooling Resources for Public Service Transformation

    Poor coordination in government services has long been a source of frustration to users, and a cause of inefficiency and ineffectiveness. The emerging debate about devolution of powers and responsibilities for some public services, and ongoing resource pressures, have encouraged innovative, locally developed approaches.

    Mar 25, 2015