Loading

Book Talk - Gaining Currency: The Rise of the Renminbi

by Emerging Markets Institute

Community Speaker Cornell Events Calendar

Thu, 23 Feb 2017

4:00 PM – 5:30 PM

Add to Calendar

Mann Library, Stern Seminar Room 160

Sage Hall, 114 East Avenue, Ithaca, NY 14853, United States

View Map

Description

China’s growing global prominence is taking the world by storm and reshaping global finance.

With the recent rise in the renminbi, China's currency since 1949, China’s international influence has expanded and could even rival the euro and the Japanese yen. However, many pitfalls could lie ahead for its economy and currency if China’s leadership abandons important political, social, legal, and institutional reforms.

In a Chats in the Stacks book talk, Eswar Prasad, one of the world's leading experts on international finance, will present his new book Gaining Currency: The Rise of the Renminbi (Oxford University Press; October 11, 2016). His book provides new perspectives on the renminbi’s role in global finance, and he makes a compelling argument that it does not pose a serious challenge to the U.S. dollar's dominance in international finance, even though China is experiencing ever-expanding prosperity. For more information about the book, visit GainingCurrency.com.

Eswar Prasad is Tolani Senior Professor of Trade Policy in the Charles H. Dyson School of Applied Economics and Management, part of the College of Agriculture and Life Sciences (CALS) and the Cornell College of Business (CCB). Prasad holds the New Century Chair in International Economics at the Brookings Institution and is research associate at the National Bureau of Economic Research.  

Light refreshments served and books available for purchase.

This event is cosponsored by Mann Library, the Cornell Institute for China Economic Research, and the Emerging Markets Institute.

The book talk series at Mann Library is supported by the Mary A. Morrison Public Education Fund



Share with friends

Where

Mann Library, Stern Seminar Room 160

Sage Hall, 114 East Avenue, Ithaca, NY 14853, United States

Speakers

Eswar Prasad

Tolani Senior Professor of Trade Policy

Dyson School - Cornell University

Eswar Prasad is the Tolani Senior Professor of Trade Policy at Cornell University. He is also a Senior Fellow at the Brookings Institution, where he holds the New Century Chair in International Economics, and a Research Associate at the National Bureau of Economic Research. He was previously chief of the Financial Studies Division in the International Monetary Fund's Research Department and, before that, was the head of the IMF's China Division.

Hosted By

Emerging Markets Institute
Co-hosted with: Emerging Markets Institute (OWNER)

Contact the organizers