Economy 4.0

Video: Carmen Reinhart on Debt Overhang and More

Stan Alcorn Apr 18, 2011

Next in our series of video interviews from the Institute for New Economic Thinking conference: Carmen Reinhart, fellow at the Peterson Institute for International Economics and co-author of “This Time Is Different: Eight Centuries of Financial Folly.” Reinhart

Two years after efforts to repair the post-crisis financial system began in earnest, David Brancaccio asks her how we’re doing, and what still needs fixing.

Reinhart addresses debt overhang, a situation when debt is so large it essentially acts as a deterrent to future investments, as well as unemployment, and Too Big To Fail.

 

MORE VIDEOS IN THIS INTERVIEW SERIES:

VIDEO: Dealing with Too Big To Fail banks with Simon Johnson, professor of entrepreneurship, global economics and management at MIT and co-author of “13 Bankers: The Wall Street Takeover and the Next Financial Meltdown.” Watch now.

VIDEO: Overcoming the “Balance Sheet Recession” with Richard Koo, chief analyst at Nomura Research Institute, the analysis arm of Japan’s Nomura Securities. Watch now.

VIDEO:The internal contradictions of our post-crisis policies with Niall Ferguson, financial historian and author of “The Ascent of Money” and “Civilization: The West and the Rest,” to be published in the U.S. this fall. Watch now.

VIDEO:Dealing with debt with Kenneth Rogoff, economist and co-author of “This Time its Different: Eight Centuries of Financial Folly.” Watch now.

VIDEO: Fixing the world economy with Jean-Paul Fitoussi, an economist at the Institut d’Etudes Politiques de Paris, and part of the Stiglitz-Sen-Fitoussi commission that French President Nicolas Sarkozy asked to study moving beyond GDP. Watch now.

COMING SOON:

VIDEO: G-Zero, derivatives and fixing the economy with George Soros, chair of Soros Fund Management LLC and the founder of the Open Society Institute.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.