Rahul Rekhi
@rahulrekhifmr managing director @Lazard & previously economic policy @ObamaWhiteHouse. economics, markets, health, social policy. inveterate texan. board @SchuylerCenter.
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SCOOP: The Biden administration and Treasury's Jay Shambaugh today will unveil a plan to offer fresh financing to developing nations that face cash shortages, with the goal of keeping them from plunging into debt crises. IMF/WB meetings almost here... bloomberg.com/news/articles/…
@FAF_US is proud to announce our 2023 class of American #YoungLeaders! Learn more about this year's impressive cohort in @thehill (bit.ly/44nzg0U) and on our website: bit.ly/3R3xzjl
My brilliant colleague @AGelpern (@PIIE ) has published a couple of popular articles explaining why the debt ceiling is unconstitutional when running up against the14th Amendment. I find her and her co-authors persuasive in links below: ft.com/content/5d4ea8… and…
Nobody thinks litigation is 1st or 99th best—but we are slouching towards 100th best. Plus 14th was directed at the courts as well as Congress and POTUS, and shields new debt from court challenge. (My riffs w Levitin and Lubben—ft.com/content/5d4ea8… and prospect.org/economy/2023-0…)
Looking forward to joining @JPDrouin @ClarifyHealth, Nishi Rawat @BambooHLTH, & Syed Mohiuddin @HHSGov tomorrow @AcademyHealth's #hdpalooza for a conversation on the progress & possibilities of health data analytics in service of delivery system reform. academyhealth.org/events/site/20…
#news The Association of Marshall Scholars congratulates the 40 winners of the 2023 Marshall Scholarship. #ImaMarshall prn.to/3FQWwLo
Great news! Jay is smart, pragmatic & has the skills/temperament to be America's chief international financial diplomat. For the last two years, Andy Baukol has served as Acting U/S. Andy is a tremendous/dedicated civil servant. America owes Andy a huge debt of gratitude!
The Senate confirms economist Jay Shambaugh as the Treasury’s undersecretary for international affairs on.wsj.com/3FqWSqP
Really enjoyed this conversation with the thoughtful John Lynn (@techguy) on the M&A and policy outlook for Healthcare IT Today. Come for what (and how) deals are getting done amidst the market turbulence, stay for exciting opportunities and developments in HCIT going into '23
The Future of Healthcare M&A with Rahul Rekhi from Lazard #HITsm @rahulrekhi @Lazard healthcareittoday.com/2022/11/10/the…
Official launch of @Lazard's geopolitical advisory unit - ft.com/content/2c63da…
Congrats to @PIIE’s rising star on all things fintech and China (inter alia) @ChorzempaMartin on launch day of his new book at the nexus of these topics: The Cashless Revolution cc @AdamPosen
Many thanks to @atlantikbruecke for convening such a phenomenal — and phenomenally thought-provoking — group of young leaders across the US and Germany. One of the best-spent weeks of my career.
The @atlantikbruecke Young Leaders Conference allows for cross-sector discussions on wide-ranging challenges from climate change to inflation, @rahulrekhi points out.
@rahulrekhi from @Lazard and Scott Ferguson from @AestoHealth are discussing The Health Tech Outlook: M&A, Private Capital, and the Policy Landscape. #HSIC2022
Today 50 members of @atlantikbruecke visited us at @GACCSouth The annual German-American Young Leaders Conference opens the opportunity to engage in an exchange on current transatlantic issues and to build both professional and personal bridges across the Atlantic.
@porszag & @rahulrekhi have some good ideas on where to start in this area. onepercentsteps.com/policy-briefs/…
"The share of domestic debt in total debt of EMDEs has risen from 31 to 46 percent from 2000 to 2020... Among emerging markets (EMs) whose external bonds are currently [distressed], domestic debt at end-2020 represented over 50 percent of public debt" imf.org/en/Publication…
Contributing to a symposium in @IntlEconomy, @Porszag and @RahulRekhi make the case for why the U.S. economic experience in coming years is likely to be different from Japan’s so-called “lost decades.” Find the full article here: international-economy.com
"Though the top 100 US listed firms by cumulative profit captured nearly 45 percent of profits in the period from 1950 to 1980, and almost the same 44 percent 1992 to 2017, the sectors in which these profits have accumulated have fundamentally altered." phenomenalworld.org/analysis/manuf…
New in @JAMAInternalMed In a fiercely contested move, @CMSGov required all hospitals to disclose their (previously secret) negotiated prices to the public, effective Jan 1, 2021. But are hospitals actually revealing their prices? Our study shows most aren't... short thread (1/x)
We can argue how much credit the ACA deserves for this slowing (there is zero doubt that it would be blamed if cost growth had accelerated), but it should be important enough to get at least a little attention from the country's great minds.
"Among the generations of ancient Greek bards... there must have been one or a few who were geniuses themselves—who could hear the formulaic old stories and transform them into epics... we might as well call them Homer." newyorker.com/magazine/2021/…
** The need for theory This is a superb thread/article by @bencasselman on the different types of data needed to see if inflation is transitory. But, imho, the paths he points are almost all in wrong directions. Why? Because of lack of *econ theory* to guide the looking at data🧵
Is inflation really "transitory" as the Fed insists? Will labor shortages ease by fall? Can workers expect more raises? I can't tell you any of that. But I *can* tell you what indicators to watch in this strange moment for the U.S. economy. nytimes.com/2021/06/03/bus…
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