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

    Review of Six DFID-funded Growth Research Programmes: Main report

    The Department for International Development in the UK provided funding to organisations focused on economic growth research over the last years. This review compared six programmes over time, against each other, and against relevant benchmarks.

    Aug 23, 2016

  • Journal Article

    China's Evolving Approach to Economic Diplomacy

    This article argues that China's approach to economic diplomacy following the global financial crisis, while designed to improve the country's competitiveness, has weakened the role that trade and investment have traditionally played in restraining tensions with the U.S.

    Aug 10, 2016

  • Japanese Foreign Minister Fumio Kishida and China's Foreign Minister Wang Yi meet at Diaoyutai State Guesthouse, in Beijing, China, April 30, 2016

    Commentary

    Do Economic Ties Limit the Prospect of Conflict?

    China has grown stronger economically and militarily over the past 35 years and has become more assertive. Its trade and investment links with Japan are substantial but they have been declining, and are less of a constraint on conflict than before.

    Aug 9, 2016

  • The Olympic park in Rio de Janeiro, Brazil, August 2, 2016

    Commentary

    The Olympic Legacy — What Can Rio Learn?

    Rio will spend $14.4 billion on the Olympics. Like other host cities, it hopes to achieve an “Olympic legacy” to ensure that this investment pays dividends after the games and provides long-term economic, social, sporting, and cultural benefits.

    Aug 3, 2016

  • Women walk near a poster displaying a government message against Ebola, at a maternity hospital in Abidjan, Ivory Coast, August 14, 2014

    Commentary

    The Economic Rationale for Investing in Family Planning in Sub-Saharan Africa

    Proven benefits to reduced fertility — or to delayed start to childbearing and greater spacing between births — include lower maternal mortality, fewer unsafe abortions, reduced risks from early childbearing, and women's ability to engage in more income-generating opportunities.

    Aug 3, 2016

  • U.S. Capitol Building, Washington, D.C.

    Blog

    A Summer Reading List for Congress

    To help Hill staffers make the most of the Congressional recess, RAND has developed a list of must-read research and commentaries that will help ensure policymakers will return ready to hit the ground running.

    Aug 2, 2016

  • Russian President Vladimir Putin arrives for a personal send-off for members of the Russian Olympic team at the Kremlin in Moscow, Russia, July 27, 2016

    Commentary

    How to Counter Putin's Subversive War on the West

    Russian cybercrime, Olympics doping, and other active measures have one thing in common: Moscow admits no wrongdoing. These scandals exacerbate the frigid relations between Moscow and the West. Diplomacy sometimes works slowly, but it helps.

    Aug 1, 2016

  • Ukraine's Olympic rowers training in Rio de Janeiro, Brazil, July 26, 2016

    Commentary

    The Rio Olympics Are the Site of a Battle Against 'Super Bacteria'

    Brazilian scientists detected drug-resistant bacteria growing off some of Rio de Janeiro's beaches, close to where it will host sailing and wind-surfing events, and in the lagoon where the rowing and canoeing events will take place.

    Jul 29, 2016

  • News Release

    Cooperation Among the Arab Gulf States Is Key to U.S. Interests and Regional Stability, Despite Friction

    The increased influence of Arab Gulf states in regional affairs such as the fighting in Syria and the Saudi-led military campaign in Yemen has raised the stakes for relations between the six nations and poses significant consequences for stability.

    Jul 28, 2016

  • Secretary-General of the Gulf Cooperation Council (GCC) and interior ministers from Oman, Kuwait, Saudi Arabia, Qatar, United Arab Emirates, and Bahrain before their meeting in Riyadh, Saudi Arabia, April 27, 2016

    Report

    The Outlook for Arab Gulf Cooperation

    Understanding what binds and divides the six Gulf Cooperation Council states can help policymakers prepare for future trends in a region with high stakes for U.S. strategic interests.

    Jul 26, 2016

  • Los Angeles city skyline

    Dissertation

    Exploring Sources of Innovation in the Knowledge-Based Economy: The Case of Los Angeles

    Uses a mix of both quantitative and qualitative methods to help policy makers identify sources of innovation in the knowledge-based economy and to best leverage these sources for regional economic growth.

    Jul 15, 2016

  • RAND senior economist Howard Shatz discussing his report, U.S. International Economic Strategy in a Turbulent World, at the National Press Club in Washington, D.C., June 21, 2016

    Blog

    Froman and Shatz Discuss U.S. Trade Policies, Brexit Implications

    Days before British citizens voted to exit the EU, RAND experts and U.S. Trade Representative Michael Froman gathered to discuss U.S. international economic policies that can expand strategic options, as well as the potential implications of Brexit.

    Jul 13, 2016

  • Demonstrators march in the Occupy LA protest through downtown Los Angeles to City Hall on October 15, 2011

    Commentary

    Fixing Inequality of Opportunity

    Research has fueled concerns about how income inequality drives inequality of opportunity. Commonsense approaches such as improvements in education and access to quality health care have been shown to provide young people with better opportunities.

    Jul 6, 2016

  • A British flag flutters in front of a window in London, Britain, June 24, 2016 after Britain voted to leave the European Union in the EU BREXIT referendum.

    Commentary

    Grasping the Brexit Moment for Free Trade

    The United Kingdom's surprising vote to exit the EU turned another tricky day into a possible social crisis. But where there is crisis, there is also opportunity, and the vote presents an opening for another step forward of global trade and investment liberalization.

    Jul 1, 2016

  • Journal Article

    Termination of Medi-Cal Benefits: A Follow-Up Study One Year Later

    In 1982 California terminated Medi-Cal benefits for the state's 270,000 medically indigent adults and transferred responsibility for their care to the county system.

    Jun 28, 2016

  • Journal Article

    How China Sees America: The Sum of Beijing's Fears

    China has become one of a small number of countries that have significant national interests in every part of the world and that command the attention of every other country and every international organization, and is the only country widely seen as a possible threat to U.S. predominance.

    Jun 28, 2016

  • The aircraft carrier USS John C. Stennis approaches the fast combat support ship USNS Rainier during a replenishment at sea in the South China Sea, March 4, 2016

    Commentary

    South China Sea Spat a Symptom of U.S.-China Jockeying for Advantage

    A spate of high-profile diplomatic feuds and military actions related to the South China Sea has raised concern about the direction of U.S.-China relations. Neither country is well positioned politically or economically to engage in a long-term, antagonistic relationship, let alone a major conflict.

    Jun 27, 2016

  • Young people waiting for a job interview

    Commentary

    Young Workers Without College Degrees Face Uncomfortable Truths

    Young Americans without a college education suffer from high unemployment, low earnings, and delayed adulthood with a limited ability to buy a home. To help them, policymakers need to remind themselves that workforce training and labor policy must focus on the technology-driven jobs of tomorrow.

    Jun 23, 2016

  • A drilling rig at the Imilorskoye oil field, outside the West Siberian city of Kogalym, Russia, January 25, 2016

    Report

    Prospects for Russia's Economic Growth

    Without major policy changes, the Russian economy will grow slowly in the medium term, even if world market prices for oil rebound sharply. However, returning to policies that Russia has pursued in the recent past could lead to substantially higher rates of growth.

    Jun 22, 2016

  • News Release

    Strong Global Economic Engagement Is Essential to Maintaining U.S. Prosperity and Leadership Abroad

    The United States stands to gain more from both strengthening global institutions and rules, such as those governing trade, direct investment, and development assistance, as well as engaging with the world's rising powers than from pulling back.

    Jun 21, 2016