In her best-selling book This Time is Different she proves that boom and bust cycles have recurred throughout history and that the busts caused by the financial sector are the worst. Her understanding of financial crises has given her a great deal of influence in policy debates around the current crash.
Speaking Style; Audiences pay attention to Carmen Reinhart – she is a leading authority on financial crises and has the data to back it up.
Read Carmen Reinhart's Full Bio to find out more...
Covering sixty-six countries across five continents, Carmen Reinhart’s book This Time Is Different: Eight Centuries of Financial Folly written with Kenneth Rogoff, presents a comprehensive look at financial crises covering government defaults, banking panics, and inflationary spikes and concludes that the pattern of boom and bust is nothing new. The depth of her scholarship has given her great influence in current policy debates.
Her work on sovereign debt crises, currency crashes, and contagion is frequently featured in the financial press including The Economist, Newsweek, The Washington Post and The Wall Street Journal.
In the 1980s Carmen Reinhart was chief economist at the investment bank Bear Stearns and in the 1990s, she held several positions at the International Monetary Fund. She has also been a 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.
She has been the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School since 2012. She is a Research Associate at the National Bureau of Economic Research, a Research Fellow at the Centre for Economic Policy Research and a member of the Council on Foreign Relations. She has served on numerous editorial boards and has testified before congress. Her papers have been published in leading scholarly journals.
Her best-selling book This Time is Different won the 2010 TIIA-CREF Paul Samuelson Award and the Gold Medal in the Council on Foreign Relations Arthur Ross Book 2011 Awards.
She was born in Cuba and received her Ph.D. from Columbia University.