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Eswar Prasad

Eswar Prasad

25 commentaries

Eswar Prasad, Professor of Economics in the Dyson School at Cornell University, is a senior fellow at the Brookings Institution and the author of The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance (Harvard University Press, 2021).

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  1. A Weak, Uneven Global Recovery
    prasad24_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images

    A Weak, Uneven Global Recovery

    Apr 12, 2024 Eswar Prasad & Caroline Smiltneks explain why domestic political divisions and inflationary pressures jeopardize current market optimism.

  2. Whither Crypto?
    juels1_Anthony KwanGetty Images_bitcoin Anthony Kwan/Getty Images

    Whither Crypto?

    Nov 15, 2023 Ari Juels & Eswar Prasad look beyond the industry’s rampant fraud to a future of blockchain-enabled financial transparency.

  3. The Global Recovery Is Faltering
    prasad22_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images

    The Global Recovery Is Faltering

    Oct 6, 2023 Eswar Prasad warns that economic activity is weakening across the board, even as the specter of high inflation recedes.

  4. A Perilous Macroeconomic Moment
    prasad21_Michael M. SantiagoGetty Images_NYSE Michael M. Santiago/Getty Images

    A Perilous Macroeconomic Moment

    Apr 7, 2023 Eswar Prasad warns that inflation woes and banking failures are likely to impede global growth beyond this year.

  5. What’s Next for Fintech?
    whatley15_Getty Images Sadik Demiroz/Getty Images

    What’s Next for Fintech?

    Mar 13, 2023 Johanna M. Costigan, et al. consider what recent developments will mean for the future of technological innovation in financial services.

  1. adda1_ Nicholas KajobaXinhua via Getty Images_hbv Nicholas Kajoba/Xinhua via Getty Images
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    A Big Step Forward for Liver Health

    Danjuma Adda explains how new hepatitis guidelines from the World Health Organization could reduce cancer deaths in Africa.
  2. khrushcheva181_ SERGEI BOBYLYOVPOOLAFP via Getty Images)_xi putin SERGEI BOBYLYOV/POOL/AFP via Getty Images
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    The Fragile Fraternity of China and Russia

    Nina L. Khrushcheva

    Vladimir Putin’s recent state visit to Beijing – his first trip abroad since being inaugurated for a fifth term – was practically a mirror image of Mao Zedong’s visit to Moscow 75 years ago, when Stalin looked down on his guest. There is little reason to think that the bilateral relationship will prove more resilient this time.

     doubts that two countries with such diverging interests will be able to build a lasting partnership.
  3. subacchi41_ViaframeGetty Images_worldcrackingglobebreaking Viaframe/Getty Images
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    The Global Economy Is More Vulnerable Than It Seems

    Bertrand Badré & Yves Tiberghien identify five factors driving a potentially catastrophic trend toward fragmentation.
  4. skidelsky201_Leon NealGetty Images_BOE Leon Neal/Getty Images
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    The Myth of Central-Bank Independence

    Robert Skidelsky thinks the time has come to transfer power from technocrats back to elected officials.
  5. vaheesan2_Michael M. SantiagoGetty Images_gigworkersprotest Michael M. Santiago/Getty Images
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    The Gig Economy vs. America’s Workers

    Sandeep Vaheesan warns that proposed ballot initiatives in Massachusetts would legalize exploitative employment practices.
  6. sherwin13_CURTIS MEANSPOOLAFP via Getty Images_repubicans trump trial CURTIS MEANS/POOL/AFP via Getty Images
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    King Trump on Trial

    Richard K. Sherwin

    High-ranking Republican politicians have lately been turning up at Donald Trump’s New York City trial to demonstrate solidarity with the former president. But their attendance also serves a more alarming purpose: to validate Trump as a competing source of sovereign power, independent of the US Constitution and the rule of law.

     explains why a parade of Republican leaders have made appearances at the former president’s trial in New York.
  7. spence173_ Joe RaedleGetty Images_power Joe Raedle/Getty Images
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    Crunch Time for the Power Sector

    Michael Spence argues that developing flexible, stable, and resilient smart grids requires an expanded industrial policy.
  8. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images
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    The Rise of Mesoeconomics

    William H. Janeway details how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  9. strain27_Philipp von Ditfurthpicture alliance via Getty Images_AIeducation Philipp von Ditfurth/picture alliance via Getty Images
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    What the AI Pessimists Are Missing

    Michael R. Strain points out that the technology will help to address many of the risks it creates.

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