Eswar Prasad

Eswar Prasad


301A Warren Hall



Nandlal P. Tolani Senior Professor of International Trade Policy

International Professor of Charles H. Dyson School of Applied Economics and Management


  • Doctorate University of Chicago, 1992
  • Master's Degree Brown University, 1986
  • Bachelor of Arts University of Madras, 1985

Eswar Prasad is the Tolani Senior Professor of Trade Policy at Cornell University. He was previously Chief of the Financial Studies Division in the IMF's Research Department and, before that, was the head of the IMF's China Division. Eswar Prasad received his Ph.D. from the University of Chicago. His research has spanned a number of areas including labor economics, business cycles, and open economy macroeconomics. His extensive publication record includes articles in numerous collective volumes as well as top academic journals. He has co-authored or edited several books and monographs on financial globalization, China, and India. His current research interests include the macroeconomics of globalization, the relationship between growth and volatility, and the Chinese and Indian economies. Many of his research papers and quotes from his speeches have been cited extensively in the international press. He has contributed op-ed articles to the Financial Times, International Herald Tribune, Wall Street Journal Asia and various other newspapers. He has testified before the Senate Finance Committee and the House of Representatives Committee on Financial Services (both on China), and his research has been cited in the U.S. Congressional Record.

Research Focus

My key areas of research are as follows: international capital flows; financial development and reforms in emerging markets; monetary policy frameworks for emerging markets; economies of China and India.

Outreach and Extension Focus

Have testified before various Congressional committees and commissions. Extensive engagement with top-line media outlets--print, radio, TV.

Additional Links

Selected Publications

Journal Publications

Book Chapters

In The News


  • AEM 4545: International Finance and Macroeconomics
  • AEM 7670: Topics in International Fiance

Media Mentions

Bloomberg, Dec. 11, 2014
Yuan Has Real Shot at IMF Blessing on Reserve Status

Wall Street Journal Asia, Oct. 20, 2015
"Elevating the Yuan’s Global Status"

Financial Times, June 16, 2015
"The Chinese Renminbi is Ready to Take Its Place on the Global Stage

New York Times, Oct. 7, 2014
"I.M.F. Asks Rich Nations for Support"

NPR Marketplace, March 24, 2014
"The Economic Benefits of Attending the G-8 Summit"