Public Economy

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.

  • The Santa Monica Pier in California, illuminated at night with a reflection on shoreline

    Report

    The Effects of Travel and Tourism on California's Economy

    California's travel and tourism industry employs a diverse workforce that makes a meaningful contribution to the state's economy. For some, the industry offers a stable career path with good wages and wage growth. For others, it's a launching point into other industries.

    Jun 27, 2017

  • People are pictured outside the European Commission headquarters in Brussels, Belgium June 14, 2017.

    Commentary

    The European Commission Is Struggling to Demonstrate 'Value for Money'

    Great work is happening as a result of EU spending and programmes, particularly around democracy, rule of law and human rights. To make sure the trend continues, it is important for the populace to understand the value for money of this work.

    Jun 26, 2017

  • China's Foreign Minister Wang Yi speaks at a Security Council meeting on the situation in North Korea at the United Nations, New York City, April 28, 2017

    Commentary

    How China Could Truly Rein in North Korea

    China has key pressure points at its disposal to help deter North Korea from nuclear activities. It could cut off oil supplies or limit other trade, or crack down on illicit finance networks as many of the banks laundering money for the regime are in China. It could also stop shielding Pyongyang at the UN.

    Jun 20, 2017

  • A row of flags from various countries

    Commentary

    America's Biggest Edge: The International Order

    Evidence shows that many countries consider themselves part of an emerging global community. This represents America's most potent competitive advantage. U.S. strategy is stronger when it works to reflect and build such a community.

    Jun 14, 2017

  • Coalition Forces commanders and Combined Air Operations Center members attend a Bastille Day ceremony at Al Udeid Air Base, Qatar, July 14, 2015

    Commentary

    Time for Quiet Diplomacy, Not Taking Sides

    Disputes within the Gulf Cooperation Council are inevitable given differing threat perceptions and political interests, but there is no reason for the U.S. to pursue policies that aggravate the differences and risk fueling greater instability. Instead, Washington could assure both sides that it will support any agreement they reach.

    Jun 7, 2017

  • The Eiffel Tower is seen in front of the Sacre Coeur Basilica on Montmartre in Paris, France, during the 2015 World Climate Change Conference

    Commentary

    The Big Bet: Withdrawing from the Paris Climate Agreement

    America's formal withdrawal from the Paris climate agreement could have far-reaching consequences for U.S. global leadership on many issues, not just on efforts to reduce greenhouse gas emissions.

    Jun 2, 2017

  • Doctor consulting with staff member

    Journal Article

    What Is Single-Payer Health Care?

    Policy discussions of single-payer health system proposals need to account for the substantial variation in how they would change the financing, pooling, purchasing and delivery of health care.

    Jun 1, 2017

  • Brochure

    Innovating for Answers: Social and Economic Policy Research at RAND

    This publication highlights recent RAND social and economic policy research projects that have produced important new policies, framed issues in new ways, balanced multiple priorities and difficult trade-offs, and prompted meaningful change.

    May 31, 2017

  • Chinese President Xi Jinping speaks during a briefing on the final day of the Belt and Road Forum, at the Yanqi Lake International Conference Centre, north of Beijing, China May 15, 2017.

    Commentary

    The Driving Force Behind China's Ambitious 'Belt and Road Initiative'

    By committing trillions of dollars to infrastructure projects across 60 countries, China could transform the lagging economies of the region and place itself in the enviable position of being Asia's true pivot. But the new Silk Road blueprint presents risks as well as benefits.

    May 30, 2017

  • An unfinished monorail project in Sao Paulo, Brazil, March 3, 2016

    Commentary

    Regulating Infrastructures in the Tropics

    Regulation helps address the demands of investors who are seeking assurances that their investments are safe, while also reassuring democratically elected governments. Regulatory reform could help Brazil attract more private investment in its infrastructure.

    May 26, 2017

  • New mother resting in maternity room after childbirth

    Commentary

    Effects of Removing Maternity Care and Mental Health Treatment from Coverage Requirements

    The American Health Care Act passed by the U.S. House of Representatives to repeal and replace the Affordable Care Act allows states to waive benefits that the ACA deemed “essential.” Dropping maternity care coverage, for example, would reduce premiums by 5 percent but increase out-of-pocket spending for new mothers.

    May 18, 2017

  • Journal Article

    Programa Bolsa Familia Y Frecuencia Escolar: Un Analisis Con El Censo Demografico De Brasil De 2010

    This study aims to analyze whether Bolsa Familia had an association with children's school attendance, which is one of the educational conditions of the program.

    May 11, 2017

  • Report

    Regulation of logistics infrastructure in Brazil

    This report deals with the regulation of logistics infrastructures in Brazil, focusing in particular on the federal level. Brazil, one of the key emerging economies in the world, has a particular need for developing logistics infrastructures.

    May 8, 2017

  • Journal Article

    Innovative Procurement for Health and Industrial Development

    This chapter aims to shift the literature on health sector procurement into a more developmental mould.

    May 5, 2017

  • Iranian President Hassan Rouhani attends a welcoming ceremony at Vnukovo International Airport in Moscow, Russia, March 27, 2017

    Commentary

    Could Iran's Rouhani Lose?

    In this month's presidential election Rouhani is running against Ebrahim Raisi, a trusted member of the revolutionary establishment. The Iranian population continues to live under duress and may be open to new candidates. The Iran nuclear deal hasn't resulted in the great economic windfall Rouhani promised.

    May 3, 2017

  • News Release

    Unification Could Be Good for North Korea

    While Korean unification is a major issue in South Korea, North Korean propaganda suggests that an ROK-led unification would be a disaster for North Korean elites, using this fear to bind elites closer to the regime and make them more hostile and resistant to ideas of unification. Without changing those views of North Korean elites it is difficult to imagine how peaceful unification could be achieved.

    Apr 27, 2017

  • Hands with South Korean and North Korean flags clasp one another

    Report

    How to Prepare North Korean Elites for Unification

    North Korean propaganda suggests that unification led by the South would be a disaster for Northern elites. Unless the elites are convinced otherwise, peaceful unification may be impossible. What could South Korea do to help them feel better about, or at least less resistant to, unification?

    Apr 27, 2017

  • Multimedia

    Direction of Foreign Policy in Trump Administration's First 100 Days

    In this Call with the Experts, RAND senior fellow, James Dobbins, as well as RAND senior international policy analyst, Linda Robinson, discuss the Trump administration's emerging foreign policy strategy as it approaches the symbolic 100-day milestone.

    Apr 26, 2017

  • Locals read promotional boards about planned economic zones along the China-North Korea border in Nanping, China, March 27, 2017

    Commentary

    Despite Promising Signs, China's North Korea Policy Unchanged

    Official statements and public discussions on China's willingness to punish or otherwise influence North Korean leader Kim Jong-un in a direction favorable to U.S. interests have been optimistic lately. But China's continued support of the North should temper expectations.

    Apr 24, 2017

  • Report

    The impact of the National Minimum Wage on employment: A meta-analysis

    The report considers the effects of the UK national minimum wage on different labour market sub-groups since 1999. The findings suggest that increases in the national minimum wage had no negative employment effects on the overall UK labour market.

    Apr 20, 2017