Carmen Reinhard was named the Chief Economist at the world bank in May 2020. Before that she was the Senior Policy Advisor and Deputy Director at the International Monetary Fund and held positions as Chief Economist and Vice President at the investment bank Bear Stearns in the 1980s.

She served in the Advisory Panel of the Federal Reserve Bank of New York and was a member of the Congressional Budget Office Panel of Economic Advisors.

She has written on a variety of topics in macroeconomics and international finance. Her work has helped to inform the understanding of financial crises in both advanced economies and emerging markets. 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. It has been translated to over 20 languages and won the Paul A. Samuelson Award.

Based on publications and scholarly citations, Reinhart is ranked among the top economists worldwide, according to Research Papers in Economics (RePEc). She has testified before Congress and has been listed among Bloomberg Markets Most Influential 50 in Finance, Foreign Policy’s Top 100 Global Thinkers, and Thompson Reuters’ The World’s Most Influential Scientific Minds. In 2018 she was awarded the King Juan Carlos Prize in Economics and NABE’s Adam Smith Award, among others