Its value is volatile. Its users aren't as anonymous as they think. It might be a threat to the environment. And it could be exacerbating inequality.

Under Trump, the US is increasingly seen as an unreliable partner

Given the biggest economic problem is lack of confidence in government, pretending everything is fine will only backfire

China’s economy will struggle so long as entrepreneurs are deemed enemies of the state, writes Eswar Prasad.

Economist Eswar Prasad’s latest book is an ambitious overview of the changing nature of money.

Why the dominance of America’s currency is harder than ever to overturn.

Country’s digital wallet programme will distribute $12.5bn to households, providing valuable lessons on the risks and rewards

A central bank communication strategy is vital if it is to achieve its aims

The government must clearly define its role in the economy and financial markets

The country’s problems are both cyclical and structural and need tackling on multiple fronts

This assessment of the way cryptocurrencies will change the financial system argues that the state will always remain in control

04/13/2022 3:00PM CEST Online 12 Speakers

Bitcoin and other digital currencies are drawing increasing attention around the world. While bitcoin is not going to replace the dollar or other official currencies anytime soon, the rise of digital...

Eswar Prasad joins David Dollar to explain how digital currencies are transforming the future of money.

Its leaders are talking tough, but privately, many Chinese officials are worried about their economy and eager to end the trade war.

There are important questions to answer on systemic risk, market integrity and consumer protection

Eswar Prasad writes that Indian Prime Minister Narendra Modi has enhanced his credibility in pushing forward economic reforms by striking a blow against corruption with demonetization.

Yi Gang’s next moves as head of the People’s Bank of China will have a big impact on the world economy.

The US dollar might slip, but it will continue to rule

Eswar Prasad cautions the government against undermining the credibility of the main pillar of rapid economic growth.

The dramatic declines in the Shanghai Composite Index this past week were linked to a report that the manufacturing sector is contracting and to broader concerns about China’s economy. But while...

As part of the State of the Global Economy and Global Governance event series, on October 11, the Global Economy and Development program welcomed Finance Minister Nirmala Sitharaman as India prepares...

#FTX #yahoofinance #sambankmanfried Cornell University Professor Eswar Prasad and Solldus Labs VP of Regulatory Affairs Kathy Kraninger join Yahoo Finance Li...

If President Donald Trump wants to follow through on his repeated threats to label China a currency manipulator, all he has to do is turn back the clock.

Beijing is fashioning a new form of multilateralism in which it defines the rules of the game.

On May 20, the Global Economy and Development program at Brookings will host  Raghuram Rajan to discuss his new book, “Breaking the Mold: India’s Untraveled Path to Prosperity.”

Questions are being asked about the government’s commitment to liberalisation

Shanghai’s two-month COVID-19 lockdown may finally be easing, but the highly uncertain prognosis for China’s battered economy could have major domestic and international implications. We asked PS...

President Xi would increase control over the economy by letting markets operate

The biggest risk of a central bank digital currency might be to the Fed itself, writes Eswar Prasad.

Despite global economic turmoil, many economists argue that the American currency’s rise is mostly a good thing. But there are downsides, and not all in the United States.

Bitcoin and its peers have set off a technological revolution that will transform money, finance, and society. However, the future of cryptocurrencies as financial assets is far from certain – as c...

Economist Eswar Prasad weighs in on the end of cash, the rise of electronic payments—and what’s Bitcoin, anyway?

Eswar Prasad, Cornell University professor, previews the National Congress of the Communist Party of China. He speaks with Bloomberg's Scarlet Fu and Joe Weisenthal on "What'd You Miss?" (Source:...

Bahamas has the ‘Sand Dollar’, Sweden is developing the e-krona and China is piloting the e-yuan. The evolution of central bank digital currencies, or CBDCs, is set to get supercharged in ways that...

Eswar Prasad, Tolani senior professor at Cornell University, discusses China's economy, the devaluation of the currency last August and his outlook for the yuan. He speaks to Bloomberg's Oliver...

If the words "crypto," "Bitcoin," "blockchain," "mining," feel overwhelming or confusing Life Kit is here to help. In this episode, experts to demystify cryptocurrencies and give you the tools to...

Other countries should not stand passively by while Trump applies his slash-and-burn approach to the World Bank.

Benjamin J. Cohen reviews books by two leading economists on what the future holds for currencies and payment systems.

Nature - An economist envisions a mostly cashless future, which could make finance more inclusive.

On June 7, the Hutchins Center at Brookings hosted an event to explore the fate of the U.S. dollar as the world's dominant currency and the macroeconomic impact on the U.S. if the dollar were to lose...

China announced a ban on cryptocurrency transactions, the latest in a series of crackdowns on virtual money that comes as countries around the world are considering tougher regulations of their own.

In his newest book, Cornell economist Eswar Prasad details how accelerating financial change – including the rise of cryptocurrencies such as Bitcoin – will transform economies for better and worse.

Beijing is banning Bitcoin because it could destabilize China’s financial system. But blockchain technology and digital currencies could have broader benefits.

Cornell University trade economist Eswar Prasad discusses how cryptocurrencies are impacting the future of markets and global stability.