Browse Research and Commentary

Another False Dawn or Reason for Optimism?

April 16, 2012, Karim Foda and Eswar Prasad

The global economic recovery is still sputtering due to a lack of robust demand, policy tools that are stretched to their limits and unable to muster much traction, and enormous risks posed by weak financial systems and political uncertainty.

April 15, 2012, Eswar Prasad, Financial Times

April 2012 Update for TIGER: Tracking Indexes for Global Economic Recovery

April 2012, Karim Foda and Eswar Prasad

The Right Time for China to Liberalize the Renminbi

March 26, 2012, Eswar Prasad

Will the Renminbi Rule?

March 2012, Eswar Prasad and Lei Ye

"The IMF is attempting a delicate balancing act—staying involved in the Greek bailout but without damage to its own credibility."

February 23, 2012, Eswar Prasad, IMF Said to Limit Exposure to Greece at EU30 Bln After New Loan

The Chinese Renminbi's Prospects as a Global Reserve Currency

February 16, 2012, Eswar Prasad and Lei Ye

A Clarion Call for Emerging Markets

February 14, 2012, Eswar Prasad

Will China's Yuan Rival the Dollar?

February 8, 2012, Eswar Prasad

The Role of the Renminbi in the Global Monetary System

February 2012, Eswar Prasad and Lei (Sandy) Ye

The Renminbi’s Role in the Global Monetary System

February 7, 2012

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"[The Chinese currency] will erode the dollar’s dominance but will in no way displace it."

February 7, 2012, Eswar Prasad, Donald Kohn Says China Will Need to Grant Independence to Its Central Bank

State of the Union 2012: Politics and Policy

January 25, 2012

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"The IMF is making a concerted attempt to transform itself into a…credible loanmaster and disciplinarian for economies…in economic distress."

January 18, 2012, Eswar Prasad, IMF requests $500bn for bail-out loans

India Must Not Let Slip Its Moment for Reform

December 18, 2011, Eswar Prasad

"[T]he crisis of 2008 has created a huge debt burden, so constraints on [economic] policy are much tighter now."

December 13, 2011, Eswar Prasad, World economic outlook darkens

Euro Crisis Kills G-20 Progress

November 7, 2011, Eswar Prasad

G-20 Is at Its Best When the Stakes Are Highest

November 2, 2011, Eswar Prasad

Skidding Off the Road to Recovery: New Risks for the Advanced and Emerging Markets of the G-20

October 26, 2011

Central Banks Need a Bigger and Bolder Mandate

October 24, 2011, Barry Eichengreen, Eswar Prasad and Raghuram Rajan

"The market continues to get excited about small moves in the yuan, but I see the data as confirming a stable yuan policy."

October 11, 2011, Eswar Prasad, The Kind of Chinese Currency Manipulation the U.S. Likes.

Asian Perspectives on Financial Sector Reforms and Regulation

2011, Masahiro Kawai and Eswar Prasad, eds.

Rethinking Central Banking: It's Time for an Alternative Framework

September 20, 2011, Barry Eichengreen, Eswar Prasad and Raghuram Rajan

September 2011 Update for TIGER: Tracking Indexes for Global Economic Recovery

September 19, 2011, Eswar Prasad and Karim Foda

Why the Global Economic Recovery is in Trouble

September 19, 2011, Karim Foda and Eswar Prasad