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Eswar Prasad

Eswar Prasad

17 commentaries

Eswar Prasad, Professor of Economics at Cornell University, is a senior fellow at the Brookings Institution. He is the author of Gaining Currency: The Rise of the Renminbi.

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  7. haass130_MANDY CHENGAFP via Getty Images_taiwan MANDY CHENGAFP via Getty Images

    The Taiwan Triangle

    Richard Haass

    The goal of US policy toward the island should be to reduce uncertainty about America’s intentions and its ability to make good on them, while underscoring to Chinese leaders the economic and military costs of aggression. As much as China’s leaders want Taiwan, they also want to maintain power and the Communist Party’s political monopoly.

     explains why the island’s status is a situation that must be managed, not a problem that can be solved.
    2
  8. hedegaard10_Mark KerrisonIn Pictures via Getty Images_cop26 Mark KerrisonIn Pictures via Getty Images

    The EU Must Step Up in Glasgow

    Connie Hedegaard

    As world leaders prepare to gather for COP26 next month, expectations for progress are low, even as the need to address climate change becomes more urgent. The European Union was critical in building the coalition needed to conclude the Paris climate agreement in 2015, and success in Glasgow may again depend on EU leadership.

     says next month’s UN climate-change conference will fail unless the European Union comes prepared to lead.
    4

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