The U.S. dollar has reigned supreme as the world’s dominant reserve currency for nearly a century, but is the dollar’s dominance now under threat? In The Dollar Trap, Eswar Prasad examines the role of the U.S. dollar in the global economy and argues that the dollar's importance has actually strengthened despite conventional wisdom.
Homi Kharas, senior fellow and deputy director of the Global Economy and Development Program, was named one of the Leading Global Thinkers of 2013 by Foreign Policy magazine for his work on developing a successor regime to the UN's Millenium Development Goals, which are set to expire in 2015.
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