Economic Policy

Economic policies are the end results of economic planning: the decisions governments make to influence the production, consumption, and sharing of wealth. RAND research has explored economic policies from the local to the international level, including their effects on international trade and foreign relations, their relation to policies focusing on public health and the environment, and their impact on economic growth and recessions.

  • News Release

    U.S. Debt Could Reduce U.S. Global Influence in the Future

    The United States still has the economic muscle to shape important aspects of the international environment, but high government debt in the future may undermine its economic instruments of power and its ability to influence global conditions through nonmilitary means.

    Sep 16, 2013

  • United States flag with downward arrow graph

    Report

    U.S. Debt Could Reduce U.S. Global Influence in the Future

    The United States still has the economic muscle to shape important aspects of the international environment, but high government debt in the future may undermine its economic instruments of power and its ability to influence global conditions through nonmilitary means.

    Sep 16, 2013

  • Labourers work at a railway station construction site in Ethiopia's capital Addis Ababa

    Dissertation

    Emerging Infrastructure Financing Mechanisms in Sub-Saharan Africa

    Explores the new flows and policy implications of private sector and emerging countries investments of emerging infrastructure in Sub-Saharan Africa.

    Sep 9, 2013

  • In a photo from June 2013, Shinzo Abe speaks to an audience in London, England about Japan's economic revival.

    Commentary

    Japan’s Sun May Be Rising

    Prime Minister Shinzo Abe's plans for reviving Japan's economy after two decades of stagnation differ sharply from the policies pursued by the United States and the European Union to recover from the deep recession of 2008–2009.

    Aug 9, 2013

  • News Release

    The EU Can Save Billions

    The common policies of the EU countries have paid off. For the first time, there are euro and cent calculations to prove that the transferal of policies to the EU level, and their funding through the EU, actually saves national governments money.

    Jul 11, 2013

  • three NATO soldiers on a range

    Journal Article

    The EU Can Save Billions

    The common policies of the EU countries have paid off. For the first time, there are euro and cent calculations to prove that the transferal of policies to the EU level, and their funding through the EU, actually saves national governments money.

    Jul 11, 2013

  • Irish Defence Force and British Army working together in Mali

    Commentary

    Fighting Fit? Why Europe Needs Fewer Soldiers

    If greater co-ordination were possible across European nations — allied to a more professional cadre of soldiers — far fewer troops would be required, writes Matt Bassford. A reduction in land forces could deliver savings of approximately €6.5 billion in wage costs alone.

    Jul 11, 2013

  • Report

    Measuring research: A guide to research evaluation frameworks and tools

    This report provides a guide to the key considerations and trade-offs involved in developing an approach to research evaluation, based on a review of research evaluation frameworks and tools used internationally.

    Jun 30, 2013

  • Research Brief

    Developing a research evaluation framework

    Research funders, policy makers and researchers themselves need to evaluate research. This brief presents a decision tree to help develop a research evaluation framework to suit a particular purpose and context, from national down to program level.

    Jun 30, 2013

  • Euros and dollars on a flag

    Commentary

    Austerity and Stimulus—Two Misfires

    The experience to date strongly suggests that the reactions and behavior of private investors and consumers to stimulus in the U.S. and austerity in the EU critically affected each policy's tarnished record, writes Charles Wolf.

    May 22, 2013

  • tax form

    Commentary

    Tax the Nonprofits: A Modest Proposal

    Charles Wolf asks: Can the NPO sector contribute to easing the U.S. fiscal imbalance, while helping rather than hindering the dynamic free enterprise system, and retaining societal benefits provided by nonprofits?

    Mar 6, 2013

  • cracked piggy bank with U.S. flag stickers

    Commentary

    U.S. 'Soft Power' Abroad Is Losing Its Punch

    America's fiscal predicament and the seeming inability of its political system to resolve these matters may be taking a toll on the instruments of U.S. “soft power” and on the country's ability to shape international developments in ways that serve American interests, writes C. Richard Neu.

    Feb 8, 2013

  • Research Brief

    How Can Economic and Political Ties Between U.S. and Mexico be Strengthened? (Spanish translation)

    This study identifies areas that are negatively affecting U.S.-Mexico relations and suggests that the two countries might take a binational approach to improving their long-term partnership.

    Jan 25, 2013

  • marijuana money

    Journal Article

    Options for Collecting Revenue from Legal Marijuana

    Potential tax rates and revenues have been a common theme in discussions about legalizing marijuana. However, policy goals, types of taxes, and components of revenue are also important to consider.

    Jan 1, 2013

  • Sir Harold Evans, Undersecretary of State Robert Hormats, Stuart Hoffman, Nicholas Wapshott, and Edmund Phelps at RAND's Politics Aside 2012 event

    Blog

    Economic Battle Royale: Infrastructure Spending vs. Austerity

    At RAND's Politics Aside event, Robert Hormats, undersecretary of state for economic growth, energy and environment, goes toe to toe with Nobel laureate Edmund Phelps on whether the government should spend on infrastructure to bolster the economy or cut spending.

    Dec 26, 2012

  • Uncle Sam cutting expenses

    Commentary

    Wanted: Balance in Defense Cuts

    Budget reductions must be applied in ways that pose the least risk to national security. We need to shrink force structure carefully, reduce or delay procurement of some weapons systems, streamline management and cut personnel costs, writes Harold Brown.

    Dec 21, 2012

  • Sir Harold Evans and Undersecretary of State Robert Hormats at RAND's Politics Aside event

    Blog

    Can Austerity Fix the Economy?

    At RAND's Politics Aside event, Reuters Editor-at-Large Sir Harold Evans moderates a discussion on whether the government should slash or boost spending to try to bolster the economy that includes Nobel laureate Edmund Phelps and Undersecretary of State Robert Hormats.

    Dec 11, 2012

  • RAND president and CEO Michael Rich and Ret. Gen. Peter Chiarelli at RAND's Politics Aside event

    Blog

    Retired General Fears Unbalanced Military Budget Cuts

    During a discussion with RAND president and CEO Michael Rich at RAND's Politics Aside event, Ret. Gen. Peter Chiarelli says budget cuts could strike the military unevenly, hurting vital programs.

    Dec 7, 2012

  • South Carolina Guard Soldiers keep sharp during Kuwait deployment

    Commentary

    Bad Stats Skew Defense Needs

    The urgency with which the fiscal cliff question must be addressed should not excuse faulty calculations when it comes to the U.S. military's operational and personnel needs, write Tim Bonds and Lauren Skrabala.

    Dec 7, 2012

  • Research Brief

    How Can Economic and Political Ties Between the United States and Mexico Be Strengthened?

    This study identifies areas that are negatively affecting U.S.-Mexico relations and suggests that the two countries might take a binational approach to improving their long-term partnership.

    Nov 27, 2012