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Economic Development

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Economic development includes a host of issues—including energy supply; technology; and access to jobs, food, water, education, health care, and housing—that are fundamental to improving the economic status of communities and transforming impoverished nations. RAND takes a multidisciplinary approach to investigating opportunities for economic development, modeling future trends, and applying objective analysis to recommend policy solutions for global, national, and local economies.

Report

The Abraham Accords Could Have Wide-Reaching Economic Benefits

Mar 18, 2021

The Abraham Accords between Israel and Muslim nations represent a possible new chapter in the region's development—away from conflict and toward a shared vision of economic prosperity. Israel's partners could gain 150,000 new jobs. And that could grow to 4 million new jobs over a decade if other nations join.
Commentary

Shared Prosperity: The Crying Need for Inclusive Globalization

Feb 23, 2021

The disaffection of a wide swath of the American population has been linked to the political polarization of the country, as well as its divisive tendencies. While globalization is not the only reason for this disaffection, it is an apt lens through which to view the revolt against elitism, expertise, and changing demographics.

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Blog

Game Theory to Help the Vaccine Rollout, Abraham Accords, Telehealth: RAND Weekly Recap

This weekly recap focuses on how game theory can help the COVID-19 vaccine rollout, potential economic benefits of the Abraham Accords, telemedicine use during the pandemic, and more.

Mar 19, 2021
Report

The Army's Local Economic Effects: 2nd Edition

This report updates a previous report with findings on the economic activity supported by national-level Army spending in each of the 435 congressional districts for fiscal years 2014 through 2017.

Mar 8, 2021
Report

The Army's Local Economic Effects: Appendix B, Volume 1: Alabama Through Minnesota; 2nd Edition

This appendix to the second edition of The Army's Local Economic Effects describes overall economic effects by state, details by fiscal year from 2014 to 2017, and a parsing of data by congressional district for Alabama through Minnesota.

Mar 8, 2021
Report

The Army's Local Economic Effects: Appendix B, Volume 2: Mississippi Through Wyoming; 2nd Edition

This appendix to the second edition of The Army's Local Economic Effects describes overall economic effects by state, details by fiscal year from 2014 to 2017, and a parsing of data by congressional district for Mississippi through Wyoming.

Mar 8, 2021
Commentary

Lessons for Central America's Recovery from Hurricanes

As the global community works to assist Central America in recovering from the disastrous 2020 hurricane season, other recent recovery efforts offer helpful lessons, both for the governments of the region as well as outsiders providing resources and support.

Jan 11, 2021
Commentary

Why We 'Send Them Money'

Why does the United States send foreign countries American taxpayer money? The answer, in short, is because it serves U.S. self-interest to do so. Aid is not some act of charity at the American taxpayers' expense; it can help keep Americans safer, more prosperous, and secure.

Dec 30, 2020
Commentary

China Isn't Backing Down in South Asia

Much to India's frustration, China's influence is on the rise across South Asia. India will probably have to work overtime, and in concert with like-minded partners such as Australia, Japan, and the United States to complicate and rein in China's successes in the region.

Dec 30, 2020
Commentary

Curb Climate Change After COVID-19? Fast-Growing India and Brazil Are Key

India and Brazil are facing pressure to launch recoveries after the economic devastation caused by the pandemic. Will they backslide on their Paris climate agreement commitments, or will the expected return of the United States to the pact encourage them to build a more sustainable economic future?

Dec 15, 2020
Multimedia

Income Distribution in the United States: How It’s Changed Since the 1970s

RAND senior mathematician Carter Price describes how income distribution and the sharing of economic growth has changed since the 1970s.

Nov 11, 2020
Commentary

Vietnam Is Losing Its Best Friends to China

The wide range of Chinese activities with Cambodia and Laos must be jarring for Vietnamese leaders. China has eclipsed Vietnam in Indochina, and that means that Hanoi's angst will only continue to rise in its own backyard. Vietnam will likely have to find alternative means of engaging Cambodia and Laos to combat Chinese influence in this critical region in the years to come.

Nov 2, 2020
Commentary

Belarusian Mortgage on Russia's Future

In September, President Vladimir Putin signaled that Russia was throwing its weight behind embattled Belarusian President Alexander Lukashenko. But any move to enforce Putin's will in Belarus could invite tougher Western sanctions and scare investors. This would exacerbate problems facing Russia's flagging economy.

Oct 5, 2020
Report

Challenges and Opportunities for the Puerto Rico Economy: A Review of Evidence and Options Following Hurricanes Irma and Maria in 2017

The authors review Puerto Rico's economic history and provide analysis following the 2017 hurricane season that serves as the context for a set of principles and actions in the recovery plan for rebuilding a healthy economy.

Sep 30, 2020
Report

Supporting a 21st Century Workforce in Puerto Rico: Challenges and Options for Improving Puerto Rico's Workforce System Following Hurricanes Irma and Maria in 2017

A workforce development system that supports Puerto Rico's economic development requires a K through postsecondary education system that emphasizes individuals' career pathways and aligns training with the evolving labor market and business needs.

Sep 30, 2020
Commentary

Is the U.S. Stuck with a Fixed Add-On for Unemployment?

When COVID-19 led to millions of Americans losing their jobs, Congress moved to increase unemployment benefits by $600 a week. What should happen when those extra benefits expire?

Jul 23, 2020
Commentary

A Tale of Two Americas

Economic pain in the United States is obvious and palpable everywhere except in the stock market. This spotlights inequality that has been increasing for decades. Undoing disparities will require firm policy commitment over many years.

Jul 9, 2020
Commentary

Small Businesses Need the Right Kind of Help to Survive COVID-19

Small and medium-sized companies are less equipped than large ones to weather the devastating effects of the pandemic. What could policymakers do to help these businesses get the help they need?

Jun 26, 2020
Commentary

A Path to Recovery from COVID-19 for Small Businesses

The COVID-19 pandemic has hammered small businesses around the United States. We spoke with 21 small business owners to learn more about the challenges they are facing and how they might best be helped.

Jun 25, 2020
Commentary

What Elinor Ostrom Teaches Us About Avoiding the 'Tragedy of the Commons' in Delivering the Public Interest in the Post COVID-19 World

The public interest can be an elusive concept, especially when trying to distinguish between shared and individual interests, a problem brought into sharper focus as we try to find the right path to a post COVID-19 world. Governments are seeking to do the best for their societies with limited information. As more data is being acquired, how can public policy achieve common interest?

Jun 22, 2020

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