Eswar Prasad is the Tolani Senior Professor of Trade Policy and Professor of Economics at Cornell University. He is also a Senior Fellow at the Brookings Institution, where he holds the New Century Chair in International Economics, and a Research Associate at the National Bureau of Economic Research. He was previously chief of the Financial Studies Division in the International Monetary Fund's Research Department and, before that, was the head of the IMF's China Division.

Prasad's latest book, The Future of Money: How the Digital Revolution is Transforming Currencies and Finance (Harvard University Press, 2021), was listed among the best economics and finance books of the year by The EconomistFinancial Times, and Foreign Affairs. He is also the author of Gaining Currency: The Rise of the Renminbi (Oxford, 2016) and The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance (Princeton, 2014). His extensive publication record includes articles in top academic journals in economics and finance as well as numerous collected volumes. He has co-authored and edited numerous other books and monographs, including on financial regulation and on China and India.

Prasad has testified before the Senate Finance Committee, the House of Representatives Committee on Financial Services, and the U.S.-China Economic and Security Review Commission, and his research on China has been cited in the U.S. Congressional Record. He is the creator of the Brookings-Financial Times world index (TIGER: Tracking Indices for the Global Economic Recovery; www.brookings.edu/tiger). His essays and op-ed articles have appeared in Barron's, Financial Times, Foreign Affairs, Foreign Policy, Harvard Business Review, MIT Technology Review, New York Times, Project Syndicate, Wall Street Journal, and Washington Post. He has made frequent appearances on BBC, Bloomberg, CNBC, CNN, C-SPAN, Fox, NBC, NPR, PBS, Reuters, and other radio and television channels. 

He has served as the co-editor of the journal IMF Staff Papers, was on the editorial board of Finance & Development, and was the founding editor of the quarterly IMF Research Bulletin

He has been a Research Fellow at IZA since 2002.

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IZA Publications

IZA Discussion Paper No. 17431
Jongrim Ha, Dohan Kim, M. Ayhan Kose, Eswar Prasad
published in: European Economic Review, 2025, 173, 104957
IZA Discussion Paper No. 16154
published in: Journal of Financial Stability, 2024, 73, 101282
IZA Discussion Paper No. 13535
Sarah Allen, Srdjan Capkun, Ittay Eyal, Giulia Fanti, Bryan Ford, James Grimmelmann, Ari Juels, Kari Kostiainen, Sarah Meiklejohn, Andrew Miller, Eswar Prasad, Karl Wüst, Fan Zhang
IZA Discussion Paper No. 13001
Isha Agarwal, Grace Weishi Gu, Eswar Prasad
published in: IMF Economic Review, 2020, 68, 643 - 692
IZA Discussion Paper No. 11311
published as 'New Evidence on Cyclical Variation in Average Labor Costs in the United States ' in: Review of Economics and Statistics, 2020, 102 (5), 966–979.
IZA Discussion Paper No. 9405
published in: Journal of Financial and Quantitative Analysis, 2020, 55 (4), 1369 - 1414
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