Erin Ade sits down with Steve Hanke, professor of economics at Johns Hopkins University and director of the Troubled Currencies Project at the Cato Institute. Dr. Hanke tells us what impact the strong US dollar is going to have on emerging markets and gives us his take on if the Federal Reserve should take emerging market volatility into account when making decisions.
After the break, Erin is joined by Eswar Prasad, professor of Trade Policy at Cornell University, senior fellow at the Brookings Institution, and author of āThe Dollar Trap: How the US Dollar Tightened Its Grip on Global Finance.” Dr. Prasad tells us how the Indian economy is doing and what kind of growth he expects there in 2015.
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