Rethinking China: Why Conventional Economic Wisdom Is Wrong
Where: China Institute
100 Washington St.
212-744-8181 Price: $20 Members, $35 Non-members, $10 Students
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In a controversial new book, “Cracking the China Conundrum: Why Conventional Economic Wisdom is Wrong,” Yukon Huang (黄育川), former World Bank China director and currently with the Carnegie Endowment, challenges assumptions about the weaknesses of the Chinese economy. Concerns that an unbalanced growth model will drag the economy down are “wrong,” Huang argues, and the surge in local debt is “a good thing.” Dorinda Elliott, director of the China Institute Center for Business, will moderate.
Yukon Huang (黄育川) is a senior fellow at the Carnegie Endowment in Washington D.C. He was formerly the World Bank’s Country Director for China and Senior Advisor to the bank’s vice president for East Asia. He is an advisor to the World Bank, ADB, AIIB and various governments and corporations. Huang’s research focuses on China’s economy and its regional and global impact. He has published widely on development issues in both professional journals and the public media. He is also a featured commentator for the Financial Times on China, and his articles appear frequently in the Wall Street Journal, Bloomberg, Foreign Affairs, National Interest and Caixin. His recent books include East Asia Visions, Reshaping Economic Geography in East Asia and International Migration and Development in East Asia and the Pacific. His latest book, Cracking the China Conundrum: Why Conventional Economic Is Wisdom Is Wrong is available from Oxford University Press (July 2017). He has a PhD in economics from Princeton University and a BA from Yale University.