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  • The Dollar Trapby Eswar S. Prasad

    Princeton University Press 2015; US$ 19.95 US$ 15.96

    The U.S. dollar?s dominance seems under threat. The near collapse of the U.S. financial system in 2008?2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar?s looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully... more...

  • Financial Market Regulation and Reforms in Emerging Marketsby Masahiro Kawai; Eswar S. Prasad

    Brookings Institution Press 2011; US$ 34.99

    A Brookings Institution Press and Asian Development Bank Institute publication The rapid spread and far-reaching impact of the global financial crisis have highlighted the need for strengthening financial systems in advanced economies and emerging markets. Emerging markets face particular challenges in developing their nascent financial systems and... more...

  • Asian Perspectives on Financial Sector Reforms and Regulationby Masahiro Kawai; Eswar S. Prasad

    Brookings Institution Press 2011; US$ 34.99

    A Brookings Institution Press and Asian Development Bank Institute Although emerging economies as a group performed well during the global recession, weathering the recession better than advanced economies, there were sharp differences among them and across regions. The emerging economies of Asia had the most favorable outcomes, surviving the ravages... more...

  • New Paradigms for Financial Regulationby Masahiro Kawai; Eswar S. Prasad

    Brookings Institution Press 2012; US$ 34.99

    A Brookings Institution Press and Asian Development Bank Institute publication The global financial crisis has led to a sweeping reevaluation of financial market regulation and macroeconomic policies. Emerging markets need to balance the goals of financial development and broader financial inclusion with the imperative of strengthening macroeconomic... more...

  • Emerging Marketsby M. Ayhan Kose; Eswar S. Prasad

    Brookings Institution Press 2011; US$ 26.99

    Emerging market economies (EMEs) have become the darlings of international investors and the focus of enormous attention in academic, media, and policy circles. M. Ayhan Kose and Eswar Prasad present the definitive account of the evolution of EMEs and use the lens of the global financial crisis to evaluate their strengths and weaknesses. Led by... more...

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