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.

  • Report

    The Political Sustainability of Carbon Control Policies in an Evolutionary Economics Setting

    Analyzes the long term coevolution of market structures, technological change and government institutions.

    Sep 29, 2014

  • People walking near the Red Square and St. Basil's Cathedral in Moscow, Russia

    Blog

    One Day in the Life of Russia

    Russia faces major challenges, some self-inflicted. Freedoms vital to the creation of a modern civil society are declining. Dominant, state-controlled energy and aerospace companies are losing ground, weakening a strained economy.

    Sep 23, 2014

  • Protestors demonstrate against a lack of housing outside provincial government buildings in central Cape Town, October 30, 2013

    Blog

    How the Poor Can Take Charge to Improve Their Housing

    Public housing projects have been controversial for decades in countries around the world. But an informal settlement in Cape Town, South Africa, could serve as a guide for other countries experimenting with community-driven development, an alternative approach to public housing.

    Sep 19, 2014

  • A girl is tested for malaria at an MSF clinic in Tomping camp, where some 17,000 displaced people who fled their homes are being sheltered by the United Nations, in Juba, South Sudan

    Blog

    Probing the Barriers to Conducting Clinical Research in Sub-Saharan Africa

    Developing clinical research in sub-Saharan Africa requires a more holistic approach that considers not only individuals and institutions concerned with clinical research but also the wider health and research systems in these countries.

    Sep 19, 2014

  • black doctor and microscope

    Project

    Exploring the Current State of Health Research in Sub-Saharan Africa

    While funding is the key problem, clinical researchers seeking to combat infectious diseases in sub-Saharan Africa cite the lack of policymaker understanding of the importance of their work as a major barrier, above lack of human resources and lack of infrastructure.

    Sep 19, 2014

  • North Korean leader Kim Jong Un gives field guidance at the October 8 Factory in this undated photo released by North Korea's Korean Central News Agency in Pyongyang August 31, 2014

    Blog

    What Does North Korea Want?

    Currently, three U.S. citizens — Matthew Todd Miller, Jeffrey Fowle, and Kenneth Bae — are being detained in North Korea. It is likely that North Korea wants someone like a former U.S. president to come to North Korea instead of U.S. Ambassador Bob King, whose visits were cancelled.

    Sep 18, 2014

  • Russia's Prime Minister Medvedev and President Putin attend a meeting with members of the Russian Parliament in Yalta, Crimea, August 14, 2014

    Blog

    Crimean Adventure Will Cost Russia Dearly

    Moscow may have overreached, as it appears ill-prepared to come up with the necessary funds to cover Crimea-related costs. Infrastructure improvements, development aid, government operations, and other costs will be a multi-billion drain — as much as $4.5 billion per year — on Russia's already strained budget.

    Sep 8, 2014

  • U.S. currency wrapped around prescription bottle

    Blog

    The Winding Path to Effective Bundled Payment

    It's not unusual for a demonstration to fall short of its original objectives. Learning from such cases is part of the innovation process. This is especially worthwhile for bundled payment, which has many potential benefits for patients, providers, and payers.

    Aug 29, 2014

  • Nigerian woman carrying water bucket

    Project

    Social Networks and Cancer Screening in Nigeria

    This study is examining how social networks influence the demand for cervical cancer screening in Nigeria.

    Aug 25, 2014

  • Birth attendant sitting outside dwelling

    Project

    The Effect of a Ban on Traditional Birth Attendants in Malawi

    RAND is conducting a "natural experiment" in Malawi, where the government banned TBAs in 2007. The study is estimating whether the ban succeeded in shifting women into health facilities, and what impacts the ban had on newborn deaths.

    Aug 25, 2014

  • People walk along the street soon after, what locals say, was recent shelling by Ukrainian forces, in Donetsk on August 20, 2014

    Blog

    Make Russia an Offer on Ukraine It Can't Refuse

    An international initiative that does not appear to emanate from NATO or the EU could help bring Russia to the table, in part by accepting that Moscow, too, has a role. An international peacekeeping force could open the way for a negotiated end to the conflict.

    Aug 20, 2014

  • A man purported to be Abu Bakr al-Baghdadi, the reclusive leader of the militant Islamic State, allegedly in what would be his first public appearance at a mosque in Mosul, Iraq

    Blog

    Hitting ISIS Where It Hurts: Disrupt Its Cash Flow in Iraq

    President Obama's decision last week to conduct airstrikes against ISIS and send humanitarian aid will help buy time for both Iraqi and Kurdish forces to regroup. But Baghdad needs a strategy that aligns the political and economic interests of all Iraqis to hit ISIS where it hurts: its war chest.

    Aug 13, 2014

  • Afghanistan's President Hamid Karzai and his Chinese counterpart Xi Jinping shake hands before the opening ceremony of the fourth Conference on Interaction and Confidence Building Measures in Asia summit in Shanghai May 21, 2014

    Report

    China's Strategy Toward South and Central Asia

    China's response to the complex challenges on its western borders during the past two decades has been to adopt an "Empty Fortress" strategy, whereby China boldly projects an image of considerable strength in Central and South Asia to mask serious frailty. China is not a major threat to U.S. interests there and is unlikely to pose one in the near future.

    Aug 11, 2014

  • Poker chips and special dice -- one with the caduceus on dice and a bag of money on the other -- on green background.

    Periodical

    Cut the Crapshoot: For Medical Innovation Worth the Gamble, It's Time to Close the Casino

    The financial incentives driving medical innovations encourage inventors and investors to gamble on technologies that offer potentially big payouts without substantially improving health, regardless of the effect on health spending. Here are ten ways to fix the system.

    Aug 7, 2014

  • Stethoscope with roll of dollar bills

    Journal Article

    Bundled Payments Fall Short in California

    Despite widespread interest in bundled payments as a strategy to control health care costs, implementation efforts continue to disappoint. A pilot program in California failed to meet its goals, succumbing to recruitment challenges, regulatory uncertainty, administrative burden, and concerns about financial risk.

    Aug 4, 2014

  • COMAC ARJ21 Chinese commercial passenger jet

    Testimony

    China’s Industrial Policies in Commercial Aviation Manufacturing

    Until recently, the Chinese aircraft manufacturing industry produced aircraft almost exclusively for its military. As China transitions to commercial aircraft production, does it need to rethink its investments and policies to become more globally integrated and competitive?

    Jul 31, 2014

  • A son, father, and grandfather fishing from a dock

    Blog

    Demographics Add Urgency for Action on Dementia Long-Term Care

    Dementia takes a huge toll on those afflicted with it but also has major consequences for those who must care for them. More than 15 million Americans provide care for loved ones with dementia—tending to their daily, routine needs and ensuring their medical needs are met.

    Jul 28, 2014

  • Small business in Indonesia

    Project

    Reforming Indonesia's Policies Towards Small and Medium Sized Enterprises

    The objective of this project for RAND is to foster awareness and consensus within the Government of Indonesia (GoI) for key reforms toward a more comprehensive and coherent development strategy and policies for Small and Medium Enterprises (SME) at the national level.

    Jul 25, 2014

  • Journal Article

    Doing Wrong to Do Right? Social Preferences and Dishonest Behavior

    Can pro-social preferences lead to dishonest or unethical behavior? Lab evidence suggests that it can. In this paper, we document some of the first field evidence of this phenomenon.

    Jul 23, 2014

  • South African men create a sandbag building for EcoSteps

    Blog

    Could Alternatives Ease the Misery of South Africa's Housing Crisis?

    The government's plan to replace cardboard shacks with cement houses may not be the only route to easing South Africa's housing woes. Increasingly, academic researchers, non-governmental organizations, and private companies are demonstrating pragmatic, low-cost, alternatives.

    Jul 10, 2014