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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. posner33_David Dee DelgadoGetty Images_trump David Dee Delgado/Getty Images
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    Rough Justice for Trump

    Eric Posner

    Following Donald Trump’s conviction in a Manhattan courtroom, the Wall Street Journal’s editorial board worries that the successful prosecution of a former president will usher in “a new and destabilizing era of American politics.” But that era already began in 2016, and the blame for it lies squarely with Trump himself.

     thinks the Manhattan jury’s guilty verdict is the best that can be hoped for, under the circumstances.
  2. haldar34_Alex WongGetty Images_imfworldbank Alex Wong/Getty Images
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    Still Haunted by the Washington Consensus

    Antara Haldar thinks the old one-size-fits-all model is still causing problems, despite having been discredited.
  3. sayang2_ Frank Rumpenhorstpicture alliance via Getty Images_chatgpt Frank Rumpenhorst/picture alliance via Getty Images
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    The Right Way to Regulate AI

    Joshua Gans argues that the key is to identify and reverse the technology’s unwelcome consequences soon after they appear.
  4. fofack24_KOLA SULAIMONAFP via Getty Images_repatriated art KOLA SULAIMON/AFP via Getty Images
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    Restoring Africa’s Culture and Philosophy Is the Key to Development

    Hippolyte Fofack shows how the lack of a collective consciousness has reduced most governments to managing crisis after crisis.
  5. basu102_Jeff GritchenMediaNews GroupOrange County Register via Getty Images_shippingcontainers Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images
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    A Plea for Political Economy

    Kaushik Basu thinks understanding recent technological advances requires economists to revive an old tradition.
  6. aweber7_DANIEL ROLANDAFP via Getty Images_ECB Daniel Roland/AFP via Getty Images
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    The Danger of Premature ECB Rate Cuts

    Axel A. Weber warns that inviting renewed persistent inflation would be much worse than keeping monetary policy too tight.
  7. patten166_ Dan KitwoodGetty Images_uk election Dan Kitwood/Getty Images
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    Britain’s Make-or-Break Election

    Chris Patten laments the absence of responsible leaders capable of addressing the country’s many daunting challenges.
  8. roach141_STRAFP via Getty Images_china trade STR/AFP via Getty Images
    1

    China’s Economy Cannot Export Its Problems Away

    Alicia García-Herrero & Alessio Terzi explain why the current growth strategy will inevitably fail to address the roots of the economy’s problems.
  9. roethig1_THOMAS COEXAFP via Getty Images_trade union THOMAS COEX/AFP via Getty Images
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    Trade Unions Can Defeat Europe’s Far Right

    Oliver Roethig explains why stronger trade unions hold the key to countering the rise of extremist parties.

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