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Eswar Prasad

Eswar Prasad

26 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. The Global Economy’s Hidden Weaknesses
    prasad25_metamorworksGetty Images_globaleconomy metamorworks/Getty Images

    The Global Economy’s Hidden Weaknesses

    Oct 18, 2024 Eswar Prasad looks beyond promising headline trends to identify deep-seated risks and barriers to growth.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  1. ahzhang19_Jaap ArriensNurPhoto via Getty Images_tiktok Jaap Arriens/NurPhoto via Getty Images
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    The TikTok Boomerang

    Angela Huyue Zhang

    By banning TikTok, US authorities have sent American users of the app flocking to Chinese platforms with even fewer safeguards on data security or algorithmic manipulation. Though these, too, might be banned, others will replace them, leading America to construct, one prohibition at a time, its own "Great Firewall."

     thinks the US government's ban on the app has left it in an untenable position.
  2. delaney1_Jose JimenezGettyImages_bahamas_dorian Jose Jimenez/Getty Images
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    Turning the Financial Tide for Small Island States

    Maya Delaney & Aminath Shauna tout the potential of green and blue bonds to protect critical ecosystems and build economic resilience.
  3. brown116_Timur MatahariGettyImages_indonesia_free_school_meals Timur Matahari/Getty Images
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    School Meals Provide Food for Thought – and Fuel for Development

    Gordon Brown & Kevin Watkins tout universal nutrition programs in lower-income countries to mitigate a lost decade for poor children.
  4. karl3_Apu GomesGetty Images_LAfires Apu Gomes/Getty Images
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    A House Gutted by Fire

    Terry Lynn Karl blames the inferno now consuming Los Angeles County squarely on greenhouse-gas emissions.
  5. op_janeway17_Natalya KosarevichGetty Images_moneyhandslightbulb Natalya Kosarevich/Getty Images
    1

    False Economies

    William H. Janeway highlights the high cost of the single-minded focus on efficiency that has come to dominate the discipline.
  6. bq trump institutions Photo by Brendan McDermid-Pool/Getty Images
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    Can US Institutions Withstand Trump 2.0?

    While some observers doubt that US President-elect Donald Trump poses a grave threat to US democracy, others are bracing themselves for the destruction of the country’s constitutional order. With Trump’s inauguration just around the corner, we asked PS commentators how vulnerable US institutions really are.

  7. wagner31_Westend61Getty Images_climatependulum Westend61/Getty Images
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    The Climate Policy Pendulum

    Gernot Wagner notes that green technologies retain their many advantages, regardless of national political developments.
  8. strain35_Christina HouseGettyImages_commencement_ceremony Christina House/Getty Images
    1

    Could High-Skill Immigration Increase Under Trump?

    Michael R. Strain argues that the recent kerfuffle over foreign workers underscores the president-elect’s pragmatic instincts.
  9. posner38_Viktor SidorovGettyImages_un_flag Viktor Sidorov/Getty Images
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    What Happened to International Law?

    Eric Posner sees the web of treaties, conventions, and institutions as another victim of the anti-globalization backlash.

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