))
Kopi Time E036: Eswar Prasad on USD, RMB, and CBDCs
Manage episode 288629666 series 2902435
Content provided by Marco Sparmberg and DBS Bank. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marco Sparmberg and DBS Bank or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Dr. Eswar Prasad, Tolani Senior Professor of Trade Policy at Cornell University, joins Kopi Time to share his deep insights on the global economic outlook and major developments in the currency world. He goes deep into the arguments over why the US dollar reigns supreme and will likely continue to do so. He walks us through various initiatives that would increase the role of the Chinese RMB in global payments, but is skeptical that it would take up safe haven status. Eswar then delves into the promises and challenges of central bank digital currencies (CBDCs). He goes over the possible applications, as well as regulatory and financial stability concerns involving CBDCs, both in developed and emerging economies.
See omnystudio.com/listener for privacy information.
100 episodes
Share
