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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.

Report
The Abraham Accords Could Have Wide-Reaching Economic Benefits
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.
Mar 18, 2021
Research Brief
A New Approach to Measuring Income Inequality
A new method for measuring income inequality reveals that, from 1975 to 2018, the only group for which actual income gains exceeded U.S. GDP growth was the group near the 99th percentile of income distribution.
Apr 30, 2021

Explore Economics

News Release
On World Sleep Day, New Research Reveals the Socioeconomic Impact of Insomnia on Global Populations
Insomnia is the most common sleep disorder and exacts a significant toll on an individual's mental and physical health, quality of life, and productivity. But the consequences of insomnia go well beyond the individual, with cascading effects on families, employers, and global economies.
Mar 17, 2023
Report
The societal and economic burden of insomnia in adults: An international study
This study sought to examine the societal and economic burden of insomnia through a literature review, secondary database analyses and economic modelling. Findings indicate a substantial burden.
Mar 16, 2023
Commentary
Consequences of the War in Ukraine: The Economic Fallout
Before Russia invaded Ukraine, projections estimated global economic growth in 2022 would be around 5 percent. But the war in Ukraine contributed to slowed economic growth in 2022 and a slowed recovery from the COVID-19 pandemic. What are the broader consequences for the global economy?
Mar 7, 2023
Journal Article
Evaluation Framework for the Strength in Places Fund: A Report for UK Research and Innovation (UKRI)
This report sets out the evaluation framework for the Strength in Places Fund. It includes a process evaluation to understand what has worked in the design and delivery of the fund and an impact evaluation to understand what SIPF has achieved.
Mar 7, 2023
Commentary
Consequences of the War in Ukraine: Two Areas of Contention—Turkey and the Balkans
Turkey is navigating a narrow path between its NATO commitments and its relationship with Russia. The Western Balkans remain an arena of competition between pro-Russian and pro-Western elements. It's not clear how events might play out, but there are indications and track records.
Mar 6, 2023
Report
Strategic advantage in a competitive age: Definitions, dynamics and implications
SONAC commissioned RAND Europe to refine their working definition of strategic advantage. The team developed case studies and conducted expert workshops to explore the types of advantage and how actors seek to maintain and exploit their advantages.
Mar 6, 2023
Report
Quantifying the link between COVID-19, conflict risk, and the global economy
Our research suggests that COVID-19 will significantly increase the risk of civil conflict in African countries. We estimate this effect will, in turn, have negative global repercussions via international trade losses.
Mar 3, 2023
Commentary
Consequences of the War in Ukraine: A Bleak Outlook for Russia
Whatever may happen in Ukraine or in Russia, things will never be the same. A Russian failure in Ukraine could lead to escalation and a world-changing wider war, or it could lead to dramatic changes within Russia. Either outcome would make for a very different world.
Feb 28, 2023
Commentary
How the Dutch Approached Brexit
The impact of Brexit on the Netherlands is significant. The Dutch government would have preferred the UK to stay in the EU. But despite all this, the Netherlands approached Brexit with relative clarity of purpose and the administration of the program brought a satisfactory outcome.
Feb 9, 2023
Brochure
Spotlight 2022–2023
The events of 2022 underscore the continuous nature of change and the constant need for policy informed by evidence. Spotlight 2022-2023 highlights selected projects that we undertook in our 30th anniversary year to address some of today's most pressing policy issues.
Jan 24, 2023
Brochure
RAND: 75 Years of Making a Difference
To commemorate its 75th anniversary, RAND took a closer look at some of its most influential research. The selections in this volume demonstrate RAND's positive—and enduring—contributions in addressing some of the world's most challenging problems.
Jan 19, 2023
Commentary
Biden's Southeast Asia Policy Improves in Second Year, but Still Much to Do
In 2022, the Biden administration stepped up its game in Southeast Asia by showing up in person, clarifying its approach in key strategy documents, and boosting cooperation. But one obvious problem that remains is that it still has no real economic strategy to counter China in the region.
Jan 10, 2023
Report
China's Growing Role in the Arctic
China has become a player in the Arctic region, engaging in economic, scientific, cultural, diplomatic, and military activities. What security risks do China's investments pose, and what could the United States and its partners do to mitigate undesirable Chinese involvement in the region?
Dec 23, 2022
Report
Evaluatie rijksbrede Brexit-inzet van de Nederlandse overheid: Eindrapport: [Evaluation of the Dutch government's efforts to prepare for Brexit]
Evaluation of how the Netherlands determined its position in the Brexit negotiations between the EU and the UK, to what extent the Dutch government sufficiently prepared for its consequences, and whether public expenditures were effective.
Dec 19, 2022
Report
Critical Material Supply Chains Should Be More Resilient
The COVID-19 pandemic and Russian invasion of Ukraine highlight the vulnerabilities of supply chains that are dependent on foreign inputs. How can the U.S. Department of Defense increase the resilience of its supply chains for materials essential to national security?
Dec 15, 2022
Report
How to Counter China's Economic Pressure Campaigns
China's rise has been accompanied by belligerent use of its economic leverage to shape the political and strategic decisions of other countries. The United States could help its treaty allies and partners—and the international system more broadly—by organizing a multilateral response.
Dec 14, 2022
Blog
The Racial Wealth Gap, the Effects of Long COVID, Teacher Diversity: RAND Weekly Recap
This weekly recap focuses on understanding the racial wealth gap, why long COVID may threaten the U.S. economy, what prevents people of color from becoming and staying teachers, and more.
Dec 9, 2022
Multimedia
The Future of Space Cooperation Between the U.S. and Japan
Over two days in March 2022, experts from the United States and Japan presented their vision for the future of space science and exploration, cooperation between the U.S. and Japan, and the future space economy.
Dec 7, 2022
Journal Article
'Security Is a Prerequisite for Development': Consensus-Building Toward a New Top Priority in the Chinese Communist Party
Chinese Communist Party leaders conducted an internal debate over whether economic development should remain the Party's top priority. As of 2020, the Party embraced a new guiding principle elevating security interests alongside economic growth.
Dec 7, 2022
Report
Overcoming Compound Racial Inequity
Differences in Black and white Americans' economic status show how the harms of the past—slavery, segregation, discrimination—live on in the present. Could wealth allocations help to close the racial wealth gap?
Dec 7, 2022

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RAND Topic:
Economics

Research conducted by

Researcher Spotlight

Moon Kim

Assistant Policy Researcher, RAND

Moon Kim is an assistant policy researcher at RAND and a Ph.D candidate at the Pardee RAND Graduate School. At RAND, he works on policy issues related to space policy, defense policy and science and technology policy. He also develops statistical models for quantitative analyses and cost…
Will Shumate

Assistant Policy Researcher, RAND

Will Shumate is a Ph.D. student in the Research, Analysis, and Design stream at the Pardee RAND Graduate School and an assistant policy researcher at RAND. He studies China and the nexus of technology, security, and development in strategic competition. His dissertation examines the rise of…

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