You are here

Development and Transition: Lessons from China

Development and Transition: Lessons from China

Thursday,  23 September 2010

Justin Lin, Chief Economist and Senior Vice President of Development Economics at the World Bank, delivered the inaugural N.T. Wang lecture. Focusing on lessons that China’s growth can offer to other nations, Dr. Lin emphasized the importance of each country developing its comparative advantage in order to compete in the world economy. He noted that China’s comparative advantage is its labor force and that China has learned to focus on this advantage while also utilizing technological advancements from other countries. Dr. Lin also drew attention to China’s “dual-track” economy which joins together a free market system with central planning and noted that China must move away from this inefficient model.

Shang-Jin Wei, N. T. Wang Professor of Chinese Business and Economy and Director of the Chazen Institute at Columbia Business School (CBS), moderated this lecture. A larger summary report is available.

This lecture was co-sponsored by the Weatherhead East Asian Institute (WEAI), the Center on Japanese Economy and Business (CJEB), and the Jerome A. Chazen Institute of International Business (Chazen Institute).
 
 
 

Contact Us

APEC Study Center at Columbia University
Columbia University, 3022 Broadway
2M-9 Uris Hall
New York, NY 10027-7004
212-854-3976

The Curl Ideas to wrap your mind around

5 Key Concepts For Every Chief Operating Officer

Alexander Tuff '03 discusses five key concepts every Chief Operating Officer should know.

Read More >

Startups for a Better World

More and more alumni entrepreneurs are launching ventures to serve the greater good.

Read More >

Columbia Business School Professor Predicts How Changes in Banking Laws Could Fuel Emerging Economies of Tomorrow

New research tracks emerging countries’ economics activity after law changes and finds a boost in access to credit; increase in employment rate; increase in productivity and sales for firms

Read More >

Power Isn't Enough: Study Reveals the Missing Link for Effective Leadership

New research from Columbia Business School shows that powerful leaders fail to listen properly and take others’ accounts into perspective, jeopardizing the impact they could have

Read More >

How Can You Be Entrepreneurial in Any Organization?

Vince Ponzo '03 demystifies the entrepreneurial mindset.

Read More >

Why China's Bubble Won't Burst

Fundamentals that aren't going away give China a shot at sustained high growth for the foreseeable future.

Read More >

Modi's Five Waves of Change

Each wave has the potential to boost India's GDP by at least a half percentage point, says Adil Zainulbhai, chairman of the new Quality Council of India.

Read More >

The Age of Vulnerability

In the United States, upward mobility is more myth than reality, says Nobel laureate Joseph E. Stiglitz. Downward mobility and vulnerability, however, is a widely shared experience.

Read More >

Angel Investing: The New Alternative Asset

Carefully selected and managed portfolios of personal angel investments can produce an average annual return of more than 25 percent.

Read More >