Dethroning the Dollar - Eswar Prasad, Cornell University & Ted Alden, CFR

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Friday, October 30, 2020, 12 pm
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"The status of the U.S. dollar as the dominant reserve currency has given the United States “financial superpower” status and significant influence over other countries’ economies. As frustration grows over U.S. global leadership – from the trade war with China and trade protectionism to its poor pandemic response – and with the current U.S. administration willing to use its financial powers to engage in what some have called financial warfare, will countries seek to find an alternative to the U.S. dollar? Is there one? Join the World Affairs Council for a discussion with Eswar Prasad, a Senior Professor of Trade Policy at Cornell University, moderated by Ted Alden, a senior fellow at the Council on Foreign Relations, on the future of the dollar." (Promo Copy)

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