External authors

Carmen M. Reinhart

Professor, Harvard Kennedy School

Carmen M. Reinhart is the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School. Previously, she was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Professor of Economics and Director of the Center for International Economics at the University of Maryland.

Professor Reinhart held positions as Chief Economist and Vice President at the investment bank Bear Stearns in the 1980s. She spent several years at the International Monetary Fund. Reinhart is a Research Associate at the National Bureau of Economic Research, and a member of the Congressional Budget Office Panel of Economic Advisers and the Economic Advisory Panel of the Federal Reserve Bank of New York. She has been listed among Bloomberg Markets Most Influential 50 in Finance.

Professor Reinhart has written on a variety of topics in macroeconomics and international finance. She has served on numerous editorial boards and has testified before congress. Her work has helped to inform the understanding of financial crises for over a decade. Her best-selling book (with Kenneth S. Rogoff) entitled "This Time is Different: Eight Centuries of Financial Folly" documents the striking similarities of the recurring booms and busts that have characterized financial history and has been translated to over 20 languages and won the 2010 Paul A. Samuelson TIAA-CREF Institute Award, among others.

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External Publication

Rethinking central banking

This report lays out a framework for rethink­ing central banking in light of lessons learned in the lead-up to and aftermath of the global financial crisis. By the early 2000s, a growing number of central banks, in advanced countries and emerging mar­kets alike, had converged on a policy framework, flexible inflation targeting, which seemed capable […]

By: Jean Pisani-Ferry, Barry Eichengreen, Mohamed El-Erian, Arminio Fraga, Eswar Prasad, Takatoshi Ito, Raghuram Rajan, Maria Ramos, Carmen M. Reinhart, Hélène Rey, Dani Rodrik, Kenneth Rogoff, Hyun Song Shin, Andrés Velasco, Beatrice Weder di Mauro and Yongding Yu Topic: European Macroeconomics & Governance Date: September 13, 2011