STATE RESURGENCE: End of Reform?
Dr. Nicholas Lardy, Peterson Institute for International Economics (PIIE)
Thursday, January 24th, 5:30-7:30 pm
William H. Gates Hall (LAW) Room 138
*The event is free and open to the public.
*RSVP is required. Please go to https://www.eventbrite.com/e/state-resurgence-end-of-reform-tickets-54497570701 for registration.
*For more information, please email chinauscommittee.
About the event:
China’s extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. With the resurgence of the state in China’s economy, are we expecting the end of economic reform? How will China’s economic policy proceed under the current U.S.-China trade dispute? For our third lecture, we are honored to have renowned China expert Dr. Nicholas Lardy with us.
Dr. Lardy mobilizes new data to trace how Chinese President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China’s potential. As with his previous analyses, Dr. Lardy’s perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.
Professor David Bachman (Jackson School of International Studies), Professor Susan Whiting (Department of Political Science), and Professor Dongsheng Zang (School of Law) will serve as discussants.
The China-U.S. Dialogue Lecture Series is organized by the Committee on China-U.S. Dialogue at UW and co-sponsored by the Confucius Institute at the University of Washington, the UW School of Law, the UW Henry M. Jackson School of International Studies, and HUA-Voice Radio.
About our speaker:
Dr. Nicholas R. Lardy is the Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics. A Ph.D. in economics from the University of Michigan, Dr. Lardy joined the Peterson Institute in March 2003 from the Brookings Institution, where he was a senior fellow from 1995 until 2003. Before Brookings, he was the director of the Henry M. Jackson School of International Studies at the University of Washington from 1991 to 1995. From 1997 through the spring of 2000, he was also the Frederick Frank Adjunct Professor of International Trade and Finance at the Yale University School of Management. He is an expert on the Chinese economy.
Dr. Lardy’s most recent books are Markets over Mao: The Rise of Private Business in China (2014), Sustaining China’s Economic Growth after the Global Financial Crisis(2012), The Future of China’s Exchange Rate Policy (2009), and China’s Rise: Challenges and Opportunities (2008). His previous book, Integrating China into the Global Economy, published in January 2002, explores whether reforms of China’s economy and its foreign trade and exchange rate systems following China’s WTO entry will integrate it much more deeply into the world economy. In September 1998, he published China’s Unfinished Economic Revolution, a study that evaluates the reform of China’s banking system and measures the economic consequences of deferring reform in the state-owned sector. Dr. Lardy is a member of the Council on Foreign Relations and of the editorial boards of Asia Policy and the China Review.
We look forward to seeing you on January 24th at LAW 138!
Committee on China-U.S. Dialogue
University of Washington