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Eswar Prasad

  • Monday, 23 December, 2024
    US trade
    The ironies of Trump’s tantrums about the dollar

    His policies would cement the US currency’s dominance while undercutting the institutional framework that is its bedrock

    President Donald Trump and Republican vice presidential nominee Sen. JD Vance,
  • Tuesday, 27 August, 2024
    Central bank intervention
    The People’s Bank of China has a transparency problem

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

    The People’s Bank of China building in Beijing
  • Monday, 5 August, 2024
    Markets InsightDigital currencies
    Thailand may tell us a great deal about the future of money

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

    Fruits for sale at a street market in Bangkok, Thailand
  • Tuesday, 9 July, 2024
    Chinese economy
    China’s plenum must offer action not rote slogans

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

    Chinese Premier Li Qiang
  • Wednesday, 14 February, 2024
    Global Economy
    Wiping out bad data will not solve China’s economic woes

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

    Visitors attend the Yuyuan Bazaar in Shanghai, China, in February
  • Thursday, 2 November, 2023
    Indian business & finance
    India must avoid squandering its economic potential

    The nation’s strengths are many but endemic corruption and weak job growth threaten

    A vendor weighs vegetable next to an advertisement of Paytm, a digital payments firm, hanging amidst his vegetables at a roadside market in Mumbai, India,
  • Sunday, 23 July, 2023
    Global Economy
    Central banks must not be blind to the threats posed by CBDCs

    The challenge is to make digital currencies viable without letting them displace private payments altogether

    Selection of cryptocurrency token coins
  • Wednesday, 3 May, 2023
    Digital currencies
    Central banks bow to the inevitability of digital currencies

    Retail demand is still scant, but careful design can take advantage of their merits

    Nigerian president Muhammadu Buhari and central bank governor Godwin Emefiele launch the eNaira in 2021. Poor infrastructure to support the CBDC limited its adoption
  • Monday, 17 April, 2023
    Global Economy
    Rumours of China’s economic demise may be greatly exaggerated

    From ‘miracle to malady’ — but how bad is it really?

  • Friday, 16 December, 2022
    Chinese economy
    Despite abandoning zero-Covid, China’s economic challenges are huge

    Beijing’s goal of a shift to greener high-tech industry requires a much more efficient financial system

  • Saturday, 8 October, 2022
    Global Economy
    Confidence slumps around the globe as cost of living crisis bites

    High food and energy prices have fuelled business and consumer pessimism, Brookings-FT tracking index shows

  • Monday, 15 August, 2022
    CryptofinanceCryptocurrencies
    Crypto poses serious challenges for regulators

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

    Representations of cryptocurrencies
  • Tuesday, 31 May, 2022
    Cryptocurrencies
    DeFi’s promise of democratising finance remains a distant reality

    Decentralised finance risks concentrating economic power and exacerbating existing inequities

    Illustration of cryptocurrencies Bitcoin, Ethereum and Dash plunged into water
  • Monday, 14 February, 2022
    Digital currencies
    Digital currencies carry threats as well as promises

    The proliferation of new financial technologies calls for better cross-border regulation and supervision

    A display of cryptocurrency Bitcoin in Hong Kong. A big poster of a close up of image of George Washington from the dollar bill wearing darkglasses with the Bitcoin logo on the lenses. Two people are walking in front of the poster
  • Thursday, 20 January, 2022
    Chinese economy
    China needs a new growth model, but that requires serious reform

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

    Shoppers pass a map of Evergrande’s commercial estates outside a mall in Beijing
  • Thursday, 21 October, 2021
    Decentralised finance
    DeFi is a reminder of the risks of unfettered financial engineering

    While they rely on libertarian ideals of self-governance, nascent blockchain systems are vulnerable

    A graphic shows a woman using a screen to explore decentralised finance products. Sophisticated hackers have been able to take advantage of vulnerabilities in DeFi products
  • Thursday, 12 August, 2021
    Fintech
    Governments must help manage the risks of fintech

    Even the relatively low cost of entry into new digital markets does not guarantee fair competition

    The Alipay service is displayed on a food stall in Hangzhou, China. Fintech is putting banking and other services literally in the hands of consumers
  • Friday, 9 August, 2019
    Currency wars
    There will be no winners in a currency war   

    Devaluation may seem tempting, but it helps neither China nor the US 

    Specialists Meric Greenbaum, left, and Thomas McArdle work on the floor of the New York Stock Exchange, Tuesday, Aug. 6, 2019. Stock markets turned higher on Tuesday as China stabilized its currency after allowing it to depreciate against the dollar in response to President Donald Trump's decision to put more tariffs on Chinese goods. (AP Photo/Richard Drew)
  • Tuesday, 1 January, 2019
    Blockchain
    The Fed should seize blockchain’s potential     

    Central banks must embrace new financial technologies to boost market stability

    Bitcoin and blockchain blue and grey background with blurred city skyline and polygon overlay ID 85271765 © Nils Ackermann | Dreamstime.com Bitcoin and blockchain blue and grey background with blurred city skyline and polygon overlay.
  • Sunday, 7 October, 2018
    Indian economy
    How India can avoid the emerging market blues

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

    Arun Jaitley, India's finance minister, speaks during the Bloomberg India Economic Forum in Mumbai, India, on Friday, Sept. 22, 2017. Jaitley said India needs to find a balance between fiscal prudence and spending -- and there’s no need to panic -- as he tries to dig the economy out of its deepest slump in three years. Photographer: Dhiraj Singh/Bloomberg
  • Sunday, 1 July, 2018
    Currencies
    Renminbi’s worst month ever sparks US-China currency war fears

    Economists say any attempt to ‘weaponise’ China’s currency carries big risks

    FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo
  • Sunday, 20 May, 2018
    US trade
    America beware: dollar supremacy is not forever

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

    SAN ANSELMO, CA - AUGUST 29: In this Photo Illustration, Twenty and five dollar bills are displayed on August 29, 2017 in San Anselmo, California. The dollar fell to a two and a half year low to 91.77 Tuesday following the latest missile launch by North Korea. The U.S. dollar index has slipped over 10% since the inauguration of U.S. President Donald Trump. (Photo Illustration by Justin Sullivan/Getty Images)
  • Sunday, 29 April, 2018
    Chinese politics & policy
    Xi Jinping’s economic dream team must be allowed to succeed

    China needs a financial system that allocates resources more productively

  • Friday, 9 March, 2018
    Chinese politics & policy
    Reformist PBoC governor signs off after 15 years at helm

    Interest rate deregulation among highlights of Zhou’s modernisations

    FILE PHOTO: Zhou Xiaochuan, Governor of the People's Bank of China, leaves a news conference during the ongoing National People's Congress (NPC), China's parliament, in Beijing China March 10, 2017. REUTERS/Jason Lee/File Photo
  • Wednesday, 7 March, 2018
    Global trade
    Gary Cohn’s departure leaves economic nationalists in the ascendant

    Champions of aggressive trade policy take up position to wield influence

Previous page You are on page 1 Next page

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