![Eswar S. Prasad](/sites/cato.org/files/styles/bio_picture_mobile/public/2022-03/eswar-prasad.jpg?itok=PQXiKO3z) 

# Eswar S. Prasad 

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Eswar Prasad is the Tolani Senior Professor of Trade Policy and Professor of Economics at Cornell University. He is also a Senior Fellow at the Brookings Institution, where he holds the New Century Chair in International Trade and Economics, and a Research Associate at the National Bureau of Economic Research. He is a former head of the IMF’s China Division. Prasad is the author of *Gaining Currency: The Rise of the Renminbi* and *The Dollar Trap: How the Dollar Tightened Its Grip on Global Finance*. He has testified before numerous U.S. Congressional committees, including the Senate Finance Committee, the House of Representatives Committee on Financial Services, and the U.S.-China Economic and Security Review Commission. He is the creator of the Brookings-Financial Times world index. His op-eds have appeared in the *Financial Times, Harvard Business Review, International Herald Tribune, New York Times, Wall Street Journal*, and *Washington Post*. Prasad is also a Research Fellow at IZA (Institute for the Study of Labor, Bonn). Prasad holds a PhD in Economics from the University of Chicago.

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