Eswar Prasad
Eswar Prasad is Professor of Trade Policy at the Dyson School of Applied Economics and Management, Cornell University, and a senior fellow at the Brookings Institution. He is the author of Gaining Currency: The Rise of the Renminbi.
Eswar Prasad is Professor of Trade Policy at the Dyson School of Applied Economics and Management, Cornell University, and a senior fellow at the Brookings Institution. He is the author of Gaining Currency: The Rise of the Renminbi.
As part of a broader effort to take China to task for supposedly “raping” the US economy through unfair trade policy, US President-elect Donald Trump has now accused the country of manipulating its cu… read more
Scarcely a week passes without news about the ascendance of China’s currency, the renminbi. But China has a long way to go before its currency can rival – let alone displace – the US dollar as the dom… read more
Emerging economies have been working to protect themselves from the potentially destabilizing impact of advanced-country monetary policy. But, because their strategies also depend largely on monetary … read more
From the dramatic events in the Middle East, to the groundswell of support for the anti-corruption crusader Anna Hazare in India, leaders in emerging markets are getting a clear message from the stree… read more
Capital controls are back in vogue, winning favor with several emerging-market governments and even an endorsement from the IMF. But capital controls remain a bad idea, and there is good reason to see… read more
While the US and other advanced countries are still reeling from the effects of the sub-prime mortgage mess, emerging market economies seem to have dodged this bullet, at least until now. But many of … read more
The World Bank recently set off a firestorm of debate by announcing that the Chinese and Indian economies are 40% smaller than previously estimated. But when the dust settles, the new data may be less … read more
