Eswar Prasad - The Brookings Institution

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Last quote by Eswar Prasad

Some of these companies have not only been using domestic leverage, but also trying to increase their profile abroad.feedback
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Jun 28 2017 China
Eswar Prasad has been quoted 29 times. The one recent article where Eswar Prasad has been quoted is China's massive corporate crackdown aimed at curbing outflows: IMF's former China chief Prasad. Most recently, Eswar Prasad was quoted as having said, “I think this is a very clear signal that they intend to maintain very tight control of the capital account and even so-called legitimate flows are going to be under scrutiny for a while.”.
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Eswar Prasad quotes

Apr 06 2017 - China

Right now, that is a useful bargaining lever the US has, because China really wants that prize.feedback

Apr 06 2017

The big challenge for Mr. Trump is to pick the right fight, the ones that have more economic substance to them and where he can actually make progress. The risk is that he will end up focusing on issues that resonate better with his political base but really prove to be hindrances to making progress on the more substantive issues.feedback

Apr 06 2017 - China

Mr. Trump seems to want to move the U.S. toward China's approach, rather than move China toward the U.S. approach of open trade and globalization. He seems to want the U.S. to be more like China than China to be more like the U.S. And I'm not sure that's the best path for the U.S. to go down.feedback

Apr 06 2017

The question is whether Mr. Trump is just playing hard ball as a negotiating stance before he gets down to the specifics that really matter, or if the discussions will get bogged down on those issues where it's going to be difficult to make immediate and direct progress.feedback

Apr 06 2017

Mr. Trump ought to pick the right fights rather than focus on issues that resonate with his political base but which are unlikely to help U.S. economic interest in either the short term or long run.feedback

Apr 05 2017 - Twitter

They were saying they wanted the vote to go Trump's way because then Trump would be less tempted to take it out on China. Beijing's hope of using the Trump-Xi tête-à-tête to smooth the bilateral economic relationship, has been complicated by the uncertainties generated by Trump's hostile Twitter posts and the mixed signals emanating from different parts of the administration.feedback

Mar 27 2017

That could lead to a tit-for-tat war that neither side wants but could very well get started.feedback

Mar 27 2017 - Trumpcare

Trump may not be able to broker deals as effectively as he could in business so it's going to be rough sledding for all of his policy priorities. Government officials in China, before the vote took place, were laser focused on the health care reform vote. They really wanted it to pass. The sense was that if Mr. Trump didn't get that victory, he might be looking to some other way to placate his base and getting tough on trade, especially with China, is a very easy way to do that so there was some nervousness about that.feedback

Mar 07 2017

Left to itself, the trade deficit would probably rise, simply because the U.S. economy is doing a lot better than most of its trading partners.feedback

Dec 08 2016 - Demonetization

On the one hand, the demonetization experiment does look like it might have a negative effect on growth in the short run. But at the same time all the money flooding into the banks right now as people clean out their closets of their cash holdings does pose some risks for inflationary pressures.feedback

Nov 10 2016

In the short run, nobody wins, but in the long run, China could be well-positioned to win.feedback

Nov 10 2016

Possibly reducing access to Chinese markets for U.S. businesses and putting a crimp on U.S. companies operating in China.feedback

Nov 10 2016

The U.S. is now going to be seen as a less predictable partner in trade (and) financial agreements, which would draw other (Asian) countries close to the embrace of China.feedback

Oct 03 2016

Productivity-enhancing expenditures, such as on infrastructure or education, would not only direct boost growth but also have a positive effect on investor and consumer confidence.feedback

Jun 19 2016

They wanted him to be the purveyor of good news, rather than a sense of realism, and that did not go down well at all. Now that there is a sense the economy has turned a corner, the view that he was dispensable had come to take hold.feedback

Jan 08 2016

The ongoing rout in China's stock and currency markets reflects a sharp erosion of confidence in the economic management skills of Chinese policymakers, coupled with rising concerns about the state of the economy.feedback

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