Carmen Reinhart Photo
Carmen Reinhart
Minos A. Zombanakis Professor of the International Financial System
79 John F. Kennedy St. Littauer Bldg 313
Assistant: Rosita Scarfo

Carmen M. Reinhart is the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School. Previously, she was the Dennis Weatherstone 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. Professor Reinhart held positions as Chief Economist and Vice President at the investment bank Bear Stearns in the 1980s. She spent several years at the International Monetary Fund. Reinhart is a Research Associate at the National Bureau of Economic Research, and a member of the Congressional Budget Office Panel of Economic Advisers and Council on Foreign Relations. She has served on numerous editorial boards, has testified before congress, and was listed among Bloomberg Markets Most Influential 50 in Finance, 2011. She received her Ph.D. from Columbia University.

Reinhart has written on a variety of topics in macroeconomics and international finance and trade and her papers have been published in leading scholarly journals. Her work has helped to inform the understanding of financial crises for over a decade. Her best-selling book (with Kenneth S. Rogoff) entitled This Time is Different: Eight Centuries of Financial Folly (Princeton Press) documents the striking similarities of the recurring booms and busts that have characterized financial history and has been translated to 20 languages and won the 2010 Paul A. Samuelson TIAA-CREF Institute Award, among others.


Transparent Engagement

Harvard Kennedy School is proud of its energetic involvement in the world. To better understand how to solve public problems by improving policy and leadership, we engage directly with policymakers, public leaders, governments, nonprofit organizations, and for-profit businesses whose activities affect those problems. However, we recognize that such engagement can raise questions about perceived and potential conflicts of interest, so we disclose publicly the key professional activities of our faculty outside the Kennedy School.

Outside Professional Activities For Carmen Reinhart

In addition to my position as a faculty member at Harvard, I am occasionally compensated for my participation in outside activities, such a speaking engagements, conference participation, reviewing, writing/editing articles or reports, royalties, consulting, and serving on panels/advisory boards.

I have received compensation or other payments in excess of $500 from the following organizations:


Conference-related and speaking engagements

Federal Reserve Bank of Kansas City
Federal Reserve Bank of San Francisco
International Monetary Fund
Leigh Bureau
New York University
Washington Speakers Bureau
World Bank

Advisory Boards

Congressional Budget Office Advisory Board (nonremunerated)
Federal Reserve Bank of New York (nonremunerated)
Smith Richardson Foundation

Writing and royalties

Project Syndicate
Princeton University Press


Phone: 617-496-8643
Office: 79 John F. Kennedy St. Littauer Bldg 313
Assistant: Rosita Scarfo

Faculty Expertise

Business & Regulation
Development & Economic Growth
Public Finance

HKS Affiliations

Mailing Address

Harvard Kennedy School
79 John F. Kennedy St.
Cambridge, MA 02138