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.

  • Blog

    Why Ukraine Crisis Has China in a Bind

    As much as China may wish to lean on Russia should Beijing find itself at odds with the United States, Xi seeks a new type of great power relationship with the United States that calls for mutual respect, no confrontation, and cooperation.

    Apr 16, 2014

  • News Release

    China Faces Several Obstacles to Building Successful Domestic Commercial Aircraft Industry

    China's investment of billions of dollars in a domestic commercial aviation industry has yet to result in a commercially viable aircraft and is unlikely to do so for the foreseeable future.

    Apr 4, 2014

  • Report

    China Faces Several Obstacles to Building Successful Domestic Commercial Aircraft Industry

    China's investment of billions of dollars in a domestic commercial aviation industry has yet to result in a commercially viable aircraft and is unlikely to do so for the foreseeable future.

    Apr 4, 2014

  • Blog

    Is the ACA Keeping a Lid on Growth in Healthcare Spending?

    Some point to the healthcare spending slowdown as an early success of the Affordable Care Act. Others warn that it's merely a hangover from the recession, and that the inevitable spending rebound will be exacerbated by the ACA coverage expansions.

    Apr 3, 2014

  • Blog

    RAND Conference: Iran in the Days After a Nuclear Deal

    Expressing optimism that a deal to end Iran's pursuit of nuclear weapons could succeed, experts said during a panel discussion at RAND that such an agreement could open the door to a new era for Iran, free of international sanctions but still cautious of relations with the U.S.

    Apr 3, 2014

  • Blog

    No Easy Answers for Ukraine

    What Russia seeks from its adventure is status, importance and free reign in its neighborhood, for a start. If sanctions and other responses are short-lived, Moscow will feel victorious, and possibly emboldened to future aggression.

    Mar 26, 2014

  • Report

    Venture Capital and Strategic Investment for Developing Government Mission Capabilities

    Through case studies and economic modeling, this research on government strategic investment will help acquisition managers evaluate strategic investment methods to motivate mission-oriented innovation by private firms.

    Mar 24, 2014

  • Report

    Analysis to Inform Defense Planning Despite Austerity

    Defense analysis can better serve policymakers by exploiting improvements in the state of the art and by rediscovering and supplementing classic principles. These relate to multiple objectives and hedging against uncertainty.

    Mar 20, 2014

  • Blog

    The Foreign Policy Essay: Evangelicals, Israel, and U.S. Foreign Policy

    The religiously grounded pro-Israel viewpoint distorts American policy towards Israel with an unhelpful inflexibility and exaggerates the political importance of the country (indeed, the whole region) to the United States, says Paul Miller.

    Mar 19, 2014

  • News Release

    Chinese Engagement in Africa Is a Two-Way Dynamic

    Contrary to conventional wisdom, relations between China and Africa are a vibrant two-way dynamic in which Chinese leaders adapt to feedback from the continent.

    Mar 12, 2014

  • Research Brief

    China in Africa: Implications of a Deepening Relationship

    Discusses China's engagement with African countries, including what each side wants from these relationships, how Africans view China's involvement and how China has reacted to that, and whether the United States and China are competing in Africa.

    Mar 12, 2014

  • Blog

    Making Informed Investment Decisions in an Uncertain World

    Changing how we make development decisions requires a cultural shift as much as it requires an analytical shift. Methodological innovations like Robust Decision Making can help. By motivating and equipping analysts to manage uncertainty, they can shape how we think about, discuss, and make decisions.

    Feb 28, 2014

  • Blog

    The Fed and Inequality

    Pretax income inequality has been driven by long-term societal trends that are numerous, complex, and hard to change. They include education, parenting and family structure, neighborhood, immigration, globalization, and IT-based technology.

    Feb 13, 2014

  • Blog

    Happy 80th Birthday, 'GDP' — Is It Not Time to Retire?

    While there are merits to using GDP, it is clear that it fails to measure several important potential externalities to economic growth, such as environmental damage, poor working conditions, or violations of privacy rights.

    Feb 6, 2014

  • Blog

    EU-Ukraine Alliance Will Benefit Russia, Too

    The EU-Ukraine Association Agreement would benefit both Ukraine and Russia in many ways, especially in greater trade, social, and cultural exchanges. Ukraine's closer association with the EU would actually increase Russian trade with Ukraine as long as Russia does not impose artificial restrictions.

    Jan 29, 2014

  • Blog

    Why New Sanctions on Iran Won't Work

    Sanctions are not a button that can be pushed to strengthen the U.S. position automatically; they must be used in tandem with diplomacy, and a deeper understanding of Iranian, Chinese and Russian motivations.

    Jan 23, 2014

  • Report

    Evaluation of the Population and Poverty Research Initiative (PopPov): Executive Summary

    This report evaluates the Population and Poverty Research Initiative (PopPov) and its progress in building economic demography, particularly policy-relevant research; policymakers' understanding of issues; and research capacity in sub-Saharan Africa.

    Jan 20, 2014

  • Report

    RAND's Impact in the Middle East

    Provides an overview of RAND's impact in the Middle East in the areas of education, health and health care, labor market reform and private-sector development, energy and environment, capacity-building, and planning for the future.

    Jan 15, 2014

  • Journal Article

    Economic Burden of Childhood Autism Spectrum Disorders

    Compared to their peers, children with autism spectrum disorders have higher annual costs for health care appointments and prescriptions ($3,000 on average) and non-health care costs ($17,000 on average), such as special education at school. Previous analyses underestimated this economic burden, particularly for school systems.

    Jan 1, 2014

  • Journal Article

    Dragon Watching Its Tail: China's Evolving Engagement Strategy in Africa

    At both the government and grassroots levels, China seems to be taking seriously feedback and criticism of certain Chinese policies that negatively affect the lives and interests of Africans to a greater extent than in the past.

    Jan 1, 2014