Economics

Featured

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.

  • Loading cargo onto a container ship in Istanbul, Turkey, photo by Czgur/Getty Images

    Report

    Potential Benefits of Economic Integration in the Levant

    Sep 16, 2019

    A comprehensive free trade agreement among six of the core Levant nations—Egypt, Iraq, Jordan, Lebanon, Syria, and Turkey—could increase their average gross domestic product by 3 to 7 percent. It could also reduce regional unemployment rates by 8 to 18 percent.

  • A group of people walking outside, photo by sataporn_chayawan/Getty Images

    Report

    A More Physically Active Population Could Increase GDP by Billions

    Nov 5, 2019

    Exercise affects workplace performance, longevity, and the economy. If people walked just an extra 15 minutes each day, the world economy could grow by about $100 billion a year. Gains are attributed to improved productivity and reduced mortality rates, sick leave, and health care costs.

Explore Economics

  • Report

    Relationships between the economy and national security: Analysis and considerations for economic security policy in the Netherlands

    This study examines the relationship between the economy and national security in the Netherlands, with a focus on the characteristics and performance of the Dutch economy and the consequences of this for its national security.

    Jan 14, 2020

  • Security personnel stand guard near a "Golden Bridge on Silk Road" decoration for the Belt and Road Forum outside the China National Convention Center in Beijing, China, April 25, 2019, photo by Jason Lee/Reuters

    Commentary

    China's Footprint in Europe

    Tensions between Washington and Brussels may be helping China find a more receptive audience for its Belt and Road initiative. One of the central challenges for the United States and Europe will be to forge a more united approach to China's resurgence.

    Jan 13, 2020

  • Journal Article

    Exploring the Use of a General Equilibrium Method to Assess the Value of a Malaria Vaccine: An Application to Ghana

    A general equilibrium method was used to quantify the potential impact of a malaria vaccination on the wider economy, using Ghana as an example. Results suggest investing in improving childhood health by vaccinating could have macroeconomic benefits.

    Jan 9, 2020

  • Periodical

    RAND Review: January-February 2020

    Feature stories spotlight research on America's fentanyl crisis and new approaches to clinical guideline development. The Commentary column features terrorism expert Colin Clarke on the threat of white supremacists in the United States.

    Jan 6, 2020

  • Chinese President Xi Jinping speaks at the opening ceremony of the second China International Import Expo (CIIE) in Shanghai, China, November 5, 2019, photo by Aly Song/Reuters

    Commentary

    What to Expect from China in 2020

    Last year was an eventful one in China, with U.S.–China trade tensions escalating, protests in Hong Kong reaching a crisis point, and President Xi Jinping further consolidating power. What might the rest of the world expect from China in 2020?

    Jan 3, 2020

  • North Korean leader Kim Jong Un speaks during the 5th Plenary Meeting of the 7th Central Committee of the Workers' Party of Korea (WPK) in this undated photo released on December 28, 2019, photo by KCNA/Reuters

    Commentary

    North Korea: Selling Political Deception

    Why did Kim Jong-un substitute releasing the North Korean Workers' Party Plenary report instead of his traditional New Year's address? As with many things in North Korea, we do not know, forcing us to speculate.

    Jan 3, 2020

  • The national flag of Taiwan on a large number of metal containers for storing goods stacked in rows on top of each other. Conception of storage of goods by importers, exporters, photo by Sova Vitalij/AdobeStock

    Journal Article

    Trade Relations Between Taiwan and South Asia Under the New Southbound Policy

    This paper provides an assessment of Taiwan's global status as an economy, to discover where its global comparative advantages lie, then assesses its economic relations with South Asia.

    Dec 13, 2019

  • Iran's Foreign Minister Javad Zarif arrives for a meeting among remaining parties to the Iran nuclear deal at U.N. headquarters in New York City, September 25, 2019, photo by Yana Paskova/Reuters

    Commentary

    Understanding Iran's Nuclear Escalation Strategy

    Throughout 2019, Iran has gradually reduced its compliance with the Joint Comprehensive Plan of Action. What are its goals in doing this? Why has it adopted this strategy? And perhaps most importantly, how far does Iran intend to go?

    Dec 12, 2019

  • People walk near a burned bank, after protests against increased fuel prices, in Tehran, Iran, November 20, 2019, photo by Nazanin Tabatabaee/WANA (West Asia News Agency)/Reuters

    Commentary

    Don't Expect a Thaw in Iran

    Iran's recent protests could mark the beginning of a new chapter in Iran's domestic politics. Whatever happens inside the country, though, it will not likely change Iran's foreign policy.

    Dec 11, 2019

  • (L-R) Solomon Islands Prime Minister Manasseh Sogavare and Foreign Minister Jeremiah Manele, and Chinese Premier Li Keqiang and State Councillor and Foreign Minister Wang Yi attend a signing ceremony at the Great Hall of the People in Beijing, China, October 9, 2019, photo by Thomas Peter/Reuters

    Commentary

    What Does Beijing Want from the Pacific Islands?

    China's recent activities in Oceania highlight a formidable two-pronged strategy of diplomatic and economic engagement that Washington and its allies and partners will have to vigorously compete against to maintain their preeminence in the Pacific.

    Dec 9, 2019

  • Iranians protest against increased gas prices, on a highway in Tehran, November 16, 2019, photo by Nazanin Tabatabaee/WANA (West Asia News Agency)/Reuters

    Commentary

    With Chaos in the Streets of Iran, Here's How the United States Could Help the Iranian People

    The Iranian people deserve American support. But current U.S. policies are hurting the cause that Iranians are fighting for while failing to achieve any strategic objectives.

    Dec 3, 2019

  • Russian President Vladimir Putin and Crown Prince Mohammed bin Zayed al-Nahyan attend the official welcome ceremony in Abu Dhabi, United Arab Emirates, October 15, 2019, photo by Alexander Zemlianichenko/Pool/Reuters

    Report

    Russian Strategy in the Middle East Is Limited

    The unrest in Syria and the Arab Spring gave Russia the opportunity to increase its economic and political activities across the Middle East. But the strengths of Moscow's strategy in the short term—its transactionalism, its balancing of multiple partners—may turn out to be its undoing in the long term.

    Nov 26, 2019

  • Journal Article

    When Antibiotics Fail: The Expert Panel on the Potential Socio-Economic Impacts of Antimicrobial Resistance in Canada

    Researchers examined the current impacts of AMR on Canada's healthcare system, the future impact on Canada's GDP, and how widespread resistance could influence the day-to-day lives of Canadians.

    Nov 21, 2019

  • Russian President Vladimir Putin (R) and Syrian President Bashar al-Assad visit the Hmeymim air base in Latakia Province, Syria, December 11, 2017, photo by Mikhail Klimentyev/Sputnik Photo Agency/Reuters

    Commentary

    Russia's Risky Game Plan for Syria

    It will take time to assess the extent to which Russia has “won“ in Syria. Absent a peaceful end to the conflict and an infusion of large-scale Western aid, downside risks for Russia could take some of the bloom off of its rose in Syria.

    Oct 29, 2019

  • Zimbabwe President Emmerson Mnangagwa attends a rally against Western sanctions in Harare, Zimbabwe, October 25, 2019, photo by Philimon Bulawayo/Reuters

    Commentary

    Zimbabwe’s Neighbors Express Solidarity Against a False Enemy

    The notion that sanctions are primarily responsible for the economic collapse in Zimbabwe is a useful fiction promoted by that country's authoritarian elite. In reality, the ruling party, in power for 39 years, has no one to blame but itself.

    Oct 25, 2019

  • Hands holding up a globe, photo by RapidEye/Getty Images

    Commentary

    Economic Experiments for Global Impact

    Implementing effective solutions for global socioeconomic development and poverty alleviation is a daunting challenge. However, RAND has seen over its decades of work in this area that data-based decisions can improve the welfare of the world's most vulnerable populations.

    Oct 23, 2019

  • North Korean leader Kim Jong Un welcomes Chinese President Xi Jinping at the Pyongyang International Airport in Pyongyang, North Korea, in this undated photo released on June 21, 2019, photo by KCNA/Reuters

    Commentary

    U.S. Economic War on China Weakens Nuclear North Korea, Too

    An effective way to bend North Korea toward denuclearization may be exerting consistent and targeted pressure on China. Diminishing Beijing's relevance isn't a cure-all. But it could pierce Kim's illusion of invincibility and place him in a bind to make some concessions.

    Oct 18, 2019

  • Report

    Poor indoor climate, its impact on child health, and the wider societal costs

    This study looked at the impact of poor indoor climate on child health and at the costs for society at large. It covered the following indoor climate hazards: damp; mould; indoor air pollution; noise; radon; excess cold; lack of daylight.

    Oct 9, 2019

  • Map of Russia and Post-Soviet Europe, image by RAND Corporation

    Report

    Proposal for a Revised Regional Order in Post-Soviet Europe and Eurasia

    Disputes over the regional order in post-Soviet Europe and Eurasia are at the core of the breakdown in relations between Russia and the West and have created major challenges for the states caught in between. A new approach to the order could boost security and prosperity in the region.

    Oct 8, 2019