“Private investors are unlikely to place their trust in a reserve currency that is not backed up by a strong institutional framework,” writes Eswar...

Eswar Prasad, professor of international trade policy, says, “The overwhelming dominance of the dollar gives the US the luxury of learning from......

“I think in the longer term, certainly U.S. rivals such as China and Russia will try to find workarounds,” says Eswar Prasad, professor of economics...

“America’s abrupt and chaotic withdrawal from Afghanistan underscored worries as it raised questions about Washington’s commitment to its allies,”...

Eswar Prasad, professor of economics and international trade policy, write this opinion piece arguing that sanctions on Russia won’t disrupt the...

“Even when trade flows may take place directly between Russia and its trading partners, the reality is that payments often have to go through a...

Eswar Prasad talks about the effects major economic sanctions would have on the dollar-dominated global financial system. 

“We are soon going to be moving to a world where we will have global access to digital versions of the dollar or the Chinese renminbi and many of the...

Eswar Prasad, professor of economics, writes this opinion piece about digital currencies calling for better cross-border regulation and...

“Undoubtedly, China will have the ability to soften the blow on Russia’s economy,” says Eswar Prasad, professor of economics and international trade...