Economic Policy

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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.

  • British Prime Minister Boris Johnson (center) speaks in a videoconference with the heads of the European Union in London, UK, June 15, 2020, photo by Andrew Parsons/No10 Downing Street/Reuters

    Commentary

    The Cost of Brexit Uncertainty

    Jul 8, 2020

    Leaving the European Union has had an overall negative economic effect on the UK economy, and there are additional economic costs associated with the uncertainty surrounding the new relationship. Will there be a deal? And if so, what type of deal is likely?

  • U.S. dollars and other currencies lie in a charity receptacle at Toronto Pearson International Airport in Canada, June 13, 2018, photo by Chris Helgren/Reuters

    Report

    Economic Competition in the 21st Century

    Jul 17, 2020

    One can think of economic competition in two broad ways. The first is competition as an outcome: the ability to boost standards of living through domestic policies. The second is competition as an action, where economic policies also pursue geopolitical goals.

Explore Economic Policy

  • Report

    Two Models of the Urban Crisis: An Analytical Essay on Banfield and Forrester

    This essay examines the arguments and evidence used in two recent models of the urban Edward C. Banfield's "The Unheavenly City" and Jay W. Forrester's "Urban Dynamics."

    Jan 1, 1970

  • Report

    Economic Policy-Making with Limited Information : The Process of Macro-Control in Mexico.

    An analysis of the manner in which the Mexican government has achieved macroeconomic stability in spite of the seemingly inaccurate and crude information and policy instruments at its disposal. This stability is due, in part, to the public expenditu...

    Jan 1, 1968

  • Report

    On the Convexity of the Backorder Function for an E.O.Q. Policy

    The backorder function for an economic order policy as derived by Hadley and Whitin, while convex in [r] (the reorder point) and convex in [Q] (the order quantity), is unfortunately not generally convex in both [r] and [Q].

    Jan 1, 1968

  • Report

    Soviet Bloc-Latin American Economic Relations and United States Policy

    Revision of a 1959 analysis of the possible effects of an expansion of Soviet Bloc economic relations with Latin America and the implications for U.S. policy in the event that such an expansion should occur.

    Jan 1, 1967

  • Journal Article

    The Possibility of a Social Welfare Function: Comment

    No stable outcome normally exists with vote trading; the author points out flaws in James S. Coleman's social welfare function model.

    Jan 1, 1967

  • Report

    Aggregative Production Functions and Economic Growth Policy.

    A consideration of how the economists' knowledge of the relationship between various aggregative inputs and production possibilities can be of service to economic growth policies. Basing his discussion on possibilities open to the economy of the Uni...

    Jan 1, 1965

  • Report

    Security and Assistance in Thailand: Supplement on the Thai "Rice Premium"

    A discussion of the rice premium and agricultural policy in Thailand. The effects of the rice taxes on the farmer, on retail prices, and on government revenues are described.

    Jan 1, 1965

  • Report

    Science, the economy, and public policy

    A summary of a few of the more important things that economists know about the way science and technology affect the performance of the economic system. Its author suggests what might be the proper objectives for public policy, and tries to identify ...

    Jan 1, 1964

  • Report

    Technological Advance, Economic Growth, and Public Policy.

    This Paper (1) examines the role of technological change in the process of economic growth to provide a perspective on the benefits and costs involved; (2) discusses some of the problems and opportunities of public policy with special emphasis on res...

    Jan 1, 1963

  • Report

    Commodity policy and economic development.

    A discussion of sources of foreign exchange in underdeveloped countries. The author presents various means of assisting these countries in financing development. Very little increase in imports can be financed through aid from governments of develope...

    Jan 1, 1963

  • Report

    Commodity policy and economic development.

    An analysis of commodity policy in the light of the economic development process. The Paper (1) tries to show what role commodity policy could take to help meet less developed countries' foreign exchange needs, and (2) estimates by commodity and by c...

    Jan 1, 1963

  • Journal Article

    The Structure of the East German Economy

    Review of a book: The Structure of the East German Economy, by Wolfgang F. Stolfer, with the assistance of Karl W. Roskamp.

    Jan 1, 1961

  • Report

    Economic Replacement Policy

    An abreviated version of R-224, Economic Replacemant Policy (out of print), which presents a practical guide for equipment replacement based on the comparison of present-value costs.

    Jan 1, 1958

  • Journal Article

    Operations Research and National Planning, a Dissent

    Charles Hitch presents a dissenting point of view to Russell Ackoff's address published in Operations Research (August 1957, p. 457-468).

    Jan 1, 1957

  • Content

    Sashka Dimova

    Senior Analyst
    Education Ph.D. in economics, Aarhus University; M.A. in economics, Central European University; M.A. in economics, University of Vienna

  • Content

    Omar Sherif Elwakil

    Associate Operations Researcher
    Education Ph.D. in supply chain management, University of Maryland; M.S. in international business, Univ Catholique de Louvain; B.S. in economics, University of Massachusetts

  • Content

    Clement Fays

    Analyst
    Education M.P.P. in public policy and development economics, Toulouse School of Economics

  • Content

    Marco Hafner

    Senior Economist; Research Leader
    Education M.Sc. in economics, University of Zurich; M.Phil. in economics, University College of London

  • Content

    Jakub P. Hlavka

    Adjunct Policy Researcher
    Education Ph.D. in policy analysis, Pardee RAND Graduate School; M.A. in international affairs, Georgetown University; B.Sc. in international trade, University of Economics, Prague

  • Content

    Susan M. Gates

    Director, Office of Research Quality Assurance; Senior Economist; Professor, Pardee RAND Graduate School
    Education Ph.D. in economic analysis and policy, Stanford Graduate School of Business, Stanford University; M.A. in Russian and Eastern European studies, Stanford University; A.B. in mathematical economics, Brown University