Eswar Prasad - The Brookings Institution

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Last quote by Eswar Prasad

India is concerned that OBOR disguises China's territorial ambitions, including strengthening its claims on parts of northeastern India that it claims as its own territory.feedback
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May 15 2017 China
Eswar Prasad has been quoted 23 times. The one recent article where Eswar Prasad has been quoted is Behind China’s $1 Trillion Plan to Shake Up the Economic Order. Most recently, Eswar Prasad was quoted as having said, “A major constraint in investor enthusiasm, is that many countries in the Central Asian region, where the initial thrust of the initiative is focused, suffer from weak and unstable economies, poor public governance, political stability and corruption.”.
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Eswar Prasad quotes

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

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

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

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

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

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

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

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

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

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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