Eswar S. 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 economics, and a research associate at the National Bureau of Economic Research. He is the author of Gaining Currency: The Rise of the Renminbi and The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance.