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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. COP29 Financial Inclusion is Climate Action Event Thumbnail
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    PS Events: COP29 Live From Baku Session 2

    PS editors present our second session from COP29, Financial Inclusion is Climate Action.
  2. pisaniferry149_ThierryMonasseGettyImages_vonderleyen_green_industry Thierry Monasse/Getty Images
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    The EU Needs a Strong Clean Industrial Deal

    Jean Pisani-Ferry, et al. tout a strategy that combines decarbonization with measures to boost competitiveness and social cohesion.
  3. ggray1_DanielBeloumouOlomoGettyImages_neonatal_ward_cameroon Daniel Beloumou Olomo/Getty Images
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    The World’s Babies Need Antibiotics, Not Just Vaccines

    Glenda Gray urges the international community to help African countries prevent infant deaths from treatable infections.
  4. bp how trump won Photo by Joe Raedle/Getty Images
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    How Trump Did It

    Not only did Donald Trump win last week’s US presidential election decisively – winning some three million more votes than his opponent, Vice President Kamala Harris – but the Republican Party he now controls gained majorities in both houses on Congress. Given the far-reaching implications of this result – for both US democracy and global stability – understanding how it came about is essential.

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    The Big Picture

    PS editors
  6. pistor38_Beata ZawrzelNurPhoto via Getty Images_capitalismprotest Beata Zawrzel/NurPhoto via Getty Images
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    Capitalism Is Driving Democracy’s Death Spiral

    Katharina Pistor argues that the financialization of the global economy has come at the expense self-governance.
  7. anheier26_Markus Lenhardtpicture alliance via Getty Images_reichstag Markus Lenhardt/picture alliance via Getty Images
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    What Germany’s Next Government Must Do

    Helmut K. Anheier argues that whoever wins the upcoming snap election must make progress in four key areas.
  8. op_yhuang2_BRENDAN SMIALOWSKIAFP via Getty Images_trumpmaga Brendan Smialowski/AFP via Getty Images
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    To Win Back Voters, Democrats Should Let Trump Be Trump

    Yasheng Huang

    By voting for Republican candidates, working-class voters effectively get to have their cake and eat it, expressing conservative moral preferences while relying on Democrats to fight for their basic economic security. The best strategy for Democrats now will be to permit voters to face the consequences of their choice.

     urges the party to adopt a long-term strategy aimed at discrediting the MAGA ideology once and for all.
  9. basu107_JimWatsonGettyImages_steelworkers_trump1 Jim Watson/Getty Images
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    What If Trump Keeps His Promises?

    Kaushik Basu warns that the president-elect’s proposed trade policies will erode America’s competitiveness.

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