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.

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


    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


    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


    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

  • Pittsburgh city in Fall colors


    RAND's Pittsburgh Director Is Keynote Speaker at INVESTPennsylvania Conference

    Susan Everingham, director of RAND's Pittsburgh office, will be the opening speaker at the inaugural INVESTPennsylvania Equity Conference in Pittsburgh, Pa. on Thursday, Dec. 6.

    Nov 14, 2012

  • RAND app ad


    RAND App Brings Objective Policy Analysis to Your iPhone

    RAND's new iPhone/iPad/iPod app is available for download in the app store.

    Nov 2, 2012

  • "We are the 99%. We are the one" sign held at Occupy Wall Street on 10/09/2011


    What Drives Income Inequality?

    The mixed picture of income inequality around the world reinforces the point that it is more important to know the underlying explanations for inequality across countries and within them, rather than the amount of inequality or changes in it, write Charles Wolf, Jr., and John Godges.

    Oct 24, 2012

  • Map showing border between United States and Mexico


    United States and Mexico: Ties That Bind, Issues That Divide

    This binational reference for U.S. and Mexican policymakers presents the interrelated issues of Mexican immigration to the United States and Mexico's economic and social development.

    Apr 11, 2012

  • Journal Article

    Book Review: "Why Nations Fail," by Daron Acemoglu and James A. Robinson

    The author reviews Why Nations Fail, by Daron Acemoglu and James A. Robinson.

    Apr 1, 2012

  • gavel and scales of justice


    How Did the Financial Crisis Affect the U.S. Civil Justice System?

    A preliminary assessment of the impact of the financial crisis on the civil justice system finds that litigation demands on some parts of the system have increased, that funding for state courts may be trending downward, and that there have been disruptions in the legal services economy, in the provision of legal aid, and in the operation and staffing of courts.

    Mar 5, 2012

  • Commentary

    Is Publicly Funded R&D Investment the Best Way Out of the European Financial Crisis?

    Publicly funded R&D investment is a coherent policy to support long term economic growth. Our only note of caution is about how far and how fast that growth can be delivered because the evidence we have is out of date and skewed towards the experience of just one country, write Jonathan Grant and Jon Sussex.

    Nov 29, 2011

  • Commentary

    Where Keynes Went Wrong

    Failure to consider the potentially adverse effect of government spending on the preexisting level of aggregate demand was and remains a disabling flaw in Keynesian theory—then and now, writes Charles Wolf, Jr.

    Nov 7, 2011

  • Report

    Pricing Strategies for NASA Wind-Tunnel Facilities

    The authors explore six potential approaches to pricing the use of National Aeronautics and Space Administration (NASA) wind-tunnel test facilities, and they evaluate each approach against three criteria -- efficiency, fiscal impact, and fairness.

    Oct 4, 2011

  • Highway in black and white


    How Does Investment in Highway Infrastructure Affect the Economy?

    To inform debate on a new transportation bill being considered, an analysis of literature on the effects of highway infrastructure spending on the economy offers principles for reforming federal policy and programs, as well as ideas for future research.

    May 17, 2011

  • Journal Article

    Identifying the Aggregate Productivity Effects of Entry and Size Restrictions: An Empirical Analysis of License Reform in India

    This paper proposes a simple methodology that empirically identifies the separate effects of entry and size restrictions on aggregate productivity, and uses it to analyse the impact of a policy reform in India.

    May 1, 2011

  • Messy pile of U.S. currency


    The Facts About American 'Decline'

    It's fashionable among academics and pundits to proclaim that the U.S. is in decline and no longer No. 1 in the world. The declinists say they are realists. In fact, their alarm is unrealistic, writes Charles Wolf, Jr.

    Apr 13, 2011

  • Brochure

    Spotlight on 2010: Unlocking Innovation and Learning

    Spotlight on 2010 features research that illustrates the value of learning and knowledge sharing to improve policymaking. It also provides an overview of RAND Europe's activity in 2010.

    Feb 3, 2011

  • Journal Article

    Update to The Sigma Scan

    This external publication is an online database of short Horizon Scanning Centre think-pieces. RAND Europe updated 25% of the papers on this database, to incorporate more recent policy issues, evidence, and developments.

    Dec 31, 2010

  • Commentary

    G-20 Growing Pains

    The increasing importance of the G-20 summits is testimony to the growing role emerging states now play in managing the international economy. But integrating these newcomers into the global community is unlikely to be straightforward or simple, writes Lowell H. Schwartz.

    Sep 24, 2009

  • Report

    World Economic Recession Unlikely to Have Lasting Geopolitical Consequences

    Will the current global economic recession have long-term geopolitical implications? Assuming that economic recovery begins in the first half of 2010, lasting structural alterations in the international system — a substantial change in U.S.-China relations, for example — are unlikely. This is because economic performance is only one of many geopolitical elements that shape countries' strategic intent and core external policies.

    Jul 21, 2009