Autor Eswar S. Prasad

Global institutions have failed to adapt to today's political-economic realities. What went wrong, and how can we reverse our descent into chaos?The United States is no longer the world's undisputed superpower. China and India increasingly flex their…

New technologies are shaking the foundations of traditional finance. Leading economist Eswar Prasad foresees the end of cash, as central banks develop their own digital currencies to compete with Bitcoin and Meta’s Diem. Money and finance are on the…