Eswar Prasad - The Brookings Institution

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Last quote by Eswar Prasad

Using that label right now would have ratcheted up the tensions, would have accomplished little in terms of advancing U.S. economic and business interests, and could have hurt the bilateral relationship at a time when the relationship is even more important, not just for economics but for geopolitical issues.feedback
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Apr 14 2017 China
Eswar Prasad has been quoted 18 times. The one recent article where Eswar Prasad has been quoted is Trump takes a centrist tack on economic policy, abandoning campaign pledges. Most recently, Eswar Prasad was quoted as having said, “It could also be taken as an implicit threat to other countries that if the dollar stays strong and if U.S. bilateral trade imbalances with its major trading partners stay high or continue to expand, that he will take some sort of action.”.
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Eswar Prasad quotes

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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