Chief Economist, World Bank
Carmen Reinhart
Chief Economist, World Bank
Carmen Reinhart is a renowned economist known for her extensive research on financial crises and economic policy.
Global Business / Economy
Bailouts: A Necessary Evil or a Lesson in Fiscal Irresponsibility?When a company is too big to fail, the question isn't just whether to rescue it — it's who pays, who learns the wrong lesson, and what kind of economy gets built on the other side. Carmen Reinhart, Joseph Stiglitz, and Raghuram Rajan debate whether government bailouts are a necessary evil or a masterclass in fiscal irresponsibility.