Eswar Prasad

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Senior Fellow, Global Economy and Development | New Century Chair in International Trade and Economics

Eswar Prasad holds the New Century Chair in International Trade and Economics. He is the Tolani Senior Professor of Trade Policy at Cornell University and a Research Associate at the National Bureau of Economic Research. He was previously head of the Financial Studies Division and the China Division at the IMF. | View Full Bio

Recent Activity

Refine by: Global Financial Crisis | Financial Markets and Services | China's Economy | China

  • Interview | The Wall Street Journal's China Real Time Report

    The Steady Hand of China’s Central Banker

    March 13, 2013

  • In the News

    The main risk for the IMF is that it comes to be seen as less relevant to the region [Southeast Asia], both in terms of the advice it has to offer and in its role as provider of a financial safety net.

    November 14, 2012, Eswar Prasad, Bloomberg

  • In the News

    The slowdown in China is going to have implications for the rest of the world. But the big global risk of course is Europe. It’s going to affect China. It’s going to affect everybody else.

    May 29, 2012, Eswar Prasad, Bloomberg

  • In the News

    [Kim’s experience] puts him in a prime position to initiate a much-needed reorientation of the World Bank’s role in global development.

    April 16, 2012, Eswar Prasad, San Francisco Chronicle

  • In the News

    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

  • In the News

    "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, Bloomberg Businessweek

  • In the News

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

    February 7, 2012, Eswar Prasad, Bloomberg

  • In the News

    "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, The Fiscal Times

  • In the News

    "[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, Financial Times

  • In the News

    "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, Wall Street Journal

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Expert Information

Contact

Email Eswar Prasad

202.797.6105 — Brookings Office of Communications

Resources

Expertise

  • Macroeconomics of financial globalization
  • monetary and exchange rate policies in emerging markets
  • China and India

Experience

Current Positions

  • Tolani Senior Professor of Trade Policy, Cornell University
  • Research Associate, National Bureau of Economic Research
  • Research Fellow, IZA (Institute for the Study of Labor), Bonn, Germany

Past Positions

  • Division Chief, Financial Studies Division, Research Department, IMF, 2005-2006

  • Division Chief, China Division, Asia and Pacific Department, IMF, 2002-2004
  • Assistant to the Director, Research Department, IMF, 2000-2002
  • Senior Economist, IMF, 1998-2000
  • Economist, IMF, September 1990-1998

Education

  • Ph.D. (1992) University of Chicago
  • M.A. (1986) Brown University
  • B.A. (1985) University of Madras, India

Language Fluency

  • English

Brookings in the news

"The main risk for the IMF is that it comes to be seen as less relevant to the region [Southeast Asia], both in terms of the advice it has to offer and in its role as provider of a financial safety net."

Source: Bloomberg

Data Points

Eswar Prasad's Cornell University Page

Visit Eswar Prasad's Cornell University page for more research on China's currency, global economics, monetary policy and more.

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Eswar Prasad

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Topics

Geography