EMI's Eswar Prasad says global economy is in 'very fragile' phase - Cornell Business Centers & Institutes<\/title>\n<meta name=\"description\" content=\"Washington Post features Prasad's interview with Susan Li on Bloomberg Television's "First Up" Eswar Prasad, the inagural faculty fellow for\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/business.cornell.edu\/centers\/2011\/09\/28\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EMI's Eswar Prasad says global economy is in 'very fragile' phase - Cornell Business\" \/>\n<meta property=\"og:description\" content=\"Washington Post features Prasad's interview with Susan Li on Bloomberg Television's "First Up" Eswar Prasad, the inagural faculty fellow for\" \/>\n<meta property=\"og:url\" content=\"https:\/\/business.cornell.edu\/centers\/2011\/09\/28\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\/\" \/>\n<meta property=\"og:site_name\" content=\"Centers & Institutes\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-28T22:53:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-14T18:18:49+00:00\" \/>\n<meta name=\"author\" content=\"tasha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"tasha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/business.cornell.edu\\\/centers\\\/2011\\\/09\\\/28\\\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/business.cornell.edu\\\/centers\\\/2011\\\/09\\\/28\\\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\\\/\"},\"author\":{\"name\":\"tasha\",\"@id\":\"https:\\\/\\\/business.cornell.edu\\\/centers\\\/#\\\/schema\\\/person\\\/40e2da795194d5c864385edacac54d69\"},\"headline\":\"EMI’s Eswar Prasad says global economy is in ‘very fragile’ phase\",\"datePublished\":\"2011-09-28T22:53:20+00:00\",\"dateModified\":\"2026-07-14T18:18:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/business.cornell.edu\\\/centers\\\/2011\\\/09\\\/28\\\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\\\/\"},\"wordCount\":139,\"articleSection\":[\"News & Announcements\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/business.cornell.edu\\\/centers\\\/2011\\\/09\\\/28\\\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\\\/\",\"url\":\"https:\\\/\\\/business.cornell.edu\\\/centers\\\/2011\\\/09\\\/28\\\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\\\/\",\"name\":\"EMI's Eswar Prasad says global economy is in 'very fragile' phase - 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{"id":9007,"date":"2011-09-28T22:53:20","date_gmt":"2011-09-28T22:53:20","guid":{"rendered":"https:\/\/business.cornell.edu\/centers\/2011\/09\/28\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\/"},"modified":"2026-07-14T18:18:49","modified_gmt":"2026-07-14T18:18:49","slug":"emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase","status":"publish","type":"post","link":"https:\/\/business.cornell.edu\/centers\/2011\/09\/28\/emi-s-eswar-prasad-says-global-economy-is-in-very-fragile-phase\/","title":{"rendered":"EMI’s Eswar Prasad says global economy is in ‘very fragile’ phase"},"content":{"rendered":"\n\n<\/head>

Washington Post features Prasad’s interview with Susan Li on Bloomberg Television’s “First Up”<\/span><\/p>\n\n\n\n

\n\n\n\n

Eswar Prasad<\/a>, the inagural faculty fellow for Johnson at Cornell University’s Emerging Markets Institute (EMI), senior professor of trade policy at Cornell and a former head of the International Monetary Fund’s financial studies division, talks about the outlook for the global economy.<\/p>\n\n\n\n

Prasad, author of “<\/em>Emerging Market Economies….resilience and growth among global turmoil<\/em>“<\/em> (Brookings Press, 2010) says that Euro-area countries will do whatever is necessary to end the crisis and ensure the financial stability of the entire euro area and its members, the IMF said in a statement after its meetings in Washington on Sept. 24. Prasad speaks with Susan Li on Bloomberg Television’s “First Up.”<\/a><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"