How to Fix a Sovereign Debt Crisis

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How to Fix a Sovereign Debt Crisis

FromPolicyCast

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Length:

25 minutes

Released:

Sep 23, 2015

Format:

Podcast episode

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HKS Professor Carmen Reinhart details the lessons we can learn from two centuries of data on how countries have historically dealt with debt problems. She discusses the long menu of debt relief options that are often overlooked, criticizes the disparity between how debt problems are addressed in emerging markets and advanced economies, and applies her findings to the situations in Greece and Puerto Rico.

Released:

Sep 23, 2015

Format:

Podcast episode

Titles in the series (100)

Each week, Host Matt Cadwallader speaks with leading experts in public policy, media, and international affairs about their experiences confronting the world's most pressing public problems.

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The Accidental Fall of the Berlin Wall: Professor Mary Elise Sarotte, a visiting professor at the Harvard Center for European Studies and author of “Collapse: The Accidental Opening of the Berlin Wall,” explains how the opening of the border between East and West Germany came down to a decision by PolicyCast
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The Midterms, the Youth Vote and GOP Strategy: IOP Fall 2014 Fellow Kristen Soltis Anderson gives her take on the gains the GOP made in the midterm elections, how the party can better target the youth vote and what we can expect from congress over the next two years. by PolicyCast
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Measuring Human Ability: Ron Suskind’s world was shaken when his son Owen was diagnosed with autism at the age of three. Now, more than 20 years later, his experience has helped kick off new research into how we as a society can better integrate those with developmental disabilit by PolicyCast
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015 Why Gun Violence is a Public Health Issue: Harvard Chan School of Public Health Professor David Hemenway makes an emphatic case for why gun violence needs to be researched through the lens of public health. by PolicyCast
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Is it Civil Rights or Human Rights?: HKS Associate Professor Moshik Temkin argues that the debate over civil rights in the United States, sparked by the unrest in Ferguson, MO, is actually a debate about human rights and the difference is not just semantic. by PolicyCast
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Cracks in the Glass Ceiling: Lessons From Finland's Former President: Former Finnish President Tarja Halonen, currently in residence at the Kennedy School as an Angelopoulos Global Public Leaders Fellow, recounts the challenges she faced as a woman ascending the Finnish ranks of power. She also explains some of the facto by PolicyCast
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How to Fix a Sovereign Debt Crisis: HKS Professor Carmen Reinhart details the lessons we can learn from two centuries of data on how countries have historically dealt with debt problems. She discusses the long menu of debt relief options that are often overlooked, criticizes the disparity b by PolicyCast
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The End of the American Dream?: HKS Professor Robert Putnam explains how the United States has become a class-segregated society with a growing stratification between the educated and uneducated. He describes how upward mobility has nearly vanished over the last few decades and what by PolicyCast
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Designing Smarter Policy: HKS Professor Asim Khwaja, Co-Director of the Evidence for Policy Design program, explains the benefits of bringing academics into the field to develop policy in collaboration with practitioners. by PolicyCast
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A Wholesale and Retail Approach to Digital Government: Nick Sinai, formerly a U.S. Deputy Chief Technology Officer at the White House and currently a Walter Shorenstein Media and Democracy fellow at the Shorenstein Center, describes in detail the effort the Obama administration has put into modernizing the fe by PolicyCast
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Behind the Steady Recovery in Cyprus: Cyprus’ Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis describes his country’s slow emergence from a deep economic recession following a 2013 EU bail-in that came with significant austerity measures attached. He points out brigh by PolicyCast
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How Presidential Campaigns Influence Governance: Republican strategist Matt Lira, a spring 2015 fellow at the Institute of Politics, discusses the early days of a presidential campaign, the importance of primaries, how campaign management eventually influences governance and what technologies will likel by PolicyCast
20 min listen
Steve Jarding on the 2014 Midterms: HKS Lecturer Steve Jarding, a longtime political operative who’s currently advising the Democratic candidate for US Senate in South Dakota, gives his take on how the upcoming midterm elections are shaping up. He explains the bipartisan lack of enthusiasm by PolicyCast
19 min listen
From Selma to Harvard: Supporting the notion of public service: Harvard President Drew Gilpin Faust discusses what drew her to the study of history; her role as a student activist in the civil rights movement in Selma; how her experience as an activist shapes her leadership now; her advice to young people who are tryi by PolicyCast
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Ensuring Electoral Integrity around the Globe: HKS Lecturer Pippa Norris discusses her work on the Electoral Integrity Project, which assesses the veracity of elections around the globe and gives policy recommendations on how to ensure free and fair voting. by PolicyCast
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The Cuba Moment: Marie Sanz, former bureau chief for the AFP in Lima, Peru and a Fall 2015 Joan Shorenstein fellow at the Shorenstein Center, describes how the announcement of normalized relations between the US and Cuba took the world – and the press, in particular – by by PolicyCast
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Somalia’s First Female President?: HKS Mid-Career MPA Mason Fellow Fadumo Dayib recounts her story growing up as a Somali refugee and explains how her life’s experience has pushed her to mount a 2016 run for president in her homeland. by PolicyCast
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A Political Crossroads in Indonesia: HKS Adjunct Lecturer Jay Rosengard, faculty chair of the Ash Center’s HKS Indonesia Program, breaks down the political climate in Indonesia, just months after the election of a new, potentially transformational president. He explains how Indonesia’s still by PolicyCast
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23 min listen

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239 He predicted globalization’s failure, now he’s planning what’s next: Summary: For more than a quarter century, economist and Harvard Kennedy School professor Dani Rodrik has been ringing alarm bells about the dangers of globalization. And for a long time, it didn’t seem like a whole lot of people were listening. Now as record economic inequality, a climate in crisis, and global financial shocks from to the COVID pandemic and Russia’s invasion of Ukraine have exposed the vulnerabilities and shortcomings of unchecked globalization and neoliberal orthodoxy about the primacy of markets, Rodrik may be having the world’s least-satisfying “I told you so” moment. But while the temptation might be to look backward for vindication, Rodrik is choosing to look toward solutions instead. He says that finding a way forward for the world economy will require two kinds of thinking: small picture—about how to create good jobs in an equitable way in specific settings—and big picture: imaging possible by PolicyCast
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238 Reform, refugees, and the war next door: President Maia Sandu of Moldova: Maia Sandu has been president of Moldova since December 2020. She is the first woman to be president of the country, and she named fellow Party of Action and Solidarity member Natalia Gavrilița as prime minister, marking the first time that two women have held the country’s two highest political posts at the same time. Sandu was named prime minister in June 2019, but was removed from power just six months later when Moldova’s Russia-leaning socialist party pulled out of the governing coalition over her reform efforts. She served as the country’s education minister from 2012 until 2015, instituting numerous reforms including ending widespread cheating on exams and bribery of education officials. Sando holds earned her mid-career masters of public administration degree at Harvard Kennedy School in 2010, and worked as a senior advisor for the World Bank in Washington DC before returning to Moldova. Sandu was bor by PolicyCast
26 min listen
237 The pandemic's silver lining—a treasure trove of data on social protection programs: Rema Hanna is the Jeffrey Cheah Professor of South-East Asia Studies and Chair of the International Development Area at the Harvard Kennedy School. She also serves as the Faculty Director of Evidence for Policy Design (EPoD) at Harvard University’s Center for International Development and is the co-Scientific Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL) South East Asia Office in Indonesia. In addition, Professor Hanna is a Research Associate with the National Bureau of Economic Research (NBER) and an affiliate of the Bureau for Research and Economic Analysis of Development (BREAD). Her research revolves around improving the provision of public services in developing and emerging nations, particularly for the very poor. She combines economic theory, qualitative field work, extensive data collection, and cutting-edge empirical analysis to offer insights into how governments func by PolicyCast
35 min listen
236 Worldwide outrage over atrocities in Ukraine is enabling a new era of international justice: A mass grave behind a church. Bodies of children and families buried under the rubble of a theater where they had been seeking refuge. Streets littered with bodies of civilians who were shot, hands tied behind their backs. Almost every day, the headlines bring news of new violations of international human rights norms and the rules of war in Ukraine, including attacks by the Russian army on hospitals, schools, residential buildings, and even water facilities. Those revelations have also launched daily accusations against Russian President Vladimir Putin and his military of war crimes and illegal aggression, and calls for international investigations and prosecutions. Now a group of Harvard Professors says that the war in Ukraine could be a watershed moment for the evolving notion of meaningful international justice. In a recent Op-Ed, Harvard Kennedy School Professor Kathryn Sikkink and H by PolicyCast
37 min listen

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How to Fix a Sovereign Debt Crisis

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