Eswar Prasad on the Curious Rise of the Renminbi

July 21, 2017

Eswar Prasad, Tolani Senior Professor of Trade Policy at Cornell University (IMF photo).

In This Episode

As China’s economy catches up in size with that of the United States, some predict the renminbi will soon challenge the dollar’s dominance in international finance. But in this podcast, Cornell University’s Eswar Prasad says there are limits to how far China’s currency can go without undertaking significant domestic reforms. Prasad, a former IMF economist himself, was invited to IMF headquarters in Washington to talk about his latest book Gaining Currency: The Rise of the Renminbi

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Eswar Prasad, Professor of Trade Policy and Economics at Cornell University, Senior Fellow at the Brookings institution, and author.
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