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43 – Eswar Prasad on Chinese Monetary Policy – Past and Present
43 – Eswar Prasad on Chinese Monetary Policy – Past and Present
ratings:
Length:
63 minutes
Released:
Feb 6, 2017
Format:
Podcast episode
Description
Eswar Prasad is the Tolani Senior Professor of Trade Policy and Professor of Economics at Cornell University and a senior fellow at the Brookings Institution. He joins the show to discuss his new book, *Gaining Currency: The Rise of the Renminbi,* which examines the rise of China’s currency, the renminbi (RMB), and its role in global finance. Prasad argues that the RMB is on the road to becoming a reserve currency, but it will not challenge the US dollar’s dominance as a safe haven currency. David and Eswar also discuss China’s interesting history as the first country with paper money and a fiat currency. David’s blog: http://macromarketmusings.blogspot.com/ Eswar’s Cornell homepage: http://prasad.dyson.cornell.edu/ Eswar’s Brookings homepage: https://www.brookings.edu/experts/eswar-prasad/ David’s Twitter: @davidbeckworth Eswar’s Twitter: @EswarSPrasad Related links: *Gaining Currency: The Rise of the Renminbi* by Eswar S. Prasad https://global.oup.com/academic/product/gaining-currency-9780190631055?cc=us&lang=en&
Released:
Feb 6, 2017
Format:
Podcast episode
Titles in the series (100)
06 - Ramesh Ponnuru on the Politics of Monetary Policy: National Review senior editor Ramesh Ponnuru disc… by Macro Musings with David Beckworth