Transcript of the Interview with Lawrence Lau (劉遵義)

Total Page:16

File Type:pdf, Size:1020Kb

Transcript of the Interview with Lawrence Lau (劉遵義) Transcript of the Interview with Lawrence Lau (劉遵義) China Boom Project, Asia Society 2010 Lau, Lawrence (劉遵義) Vice-Chancellor, Chinese University of Hong Kong Industry: Academic Lawrence J. Lau was born on China's mainland in 1944, is Vice-Chancellor of the Chinese University of Hong Kong. He received his primary and secondary schooling in Hong Kong. He furthered his studies in the United States, graduating with a BS in Physics and Economics from Stanford University in 1964, and receiving his MA and Ph.D. degrees in Economics from the University of California at Berkeley in 1966 and 1969 respectively. He joined the faculty of the Department of Economics at Stanford University in 1966, becoming professor of Economics in 1976 and the first Kwoh-Ting Li Professor of Economic Development at Stanford University in 1992. Professor Lau specializes in economic development, economic growth, and the economies of East Asia, including that of China. He developed in 1966 one of the first econometric models of China, which he has continued to revise and update ever since. He has authored or edited five books and published more than 160 articles and notes in professional journals. He is also an international adviser to China's National Bureau of Statistics. --------------------------------- Transcript Interviewee: Lau, Lawrence Interviewer: Andrew Smeall Date: June 03, 2010 Place: New York City (USA) 1 R: Interviewer 00:00:03 LL: You are gonna sit. 00:00:04 R: Yea, let me just check. If you could just say your name for me? 00:00:07 LL:Larry Lau. 00:00:09 R: Sounds good, sounds good. Okay, so the goal of this project is to create an archive for students, professors, and researchers in the future to look back and figure out what we thought at this moment that caused China’s boom, so for the benefit of those historians thirty years from now, could I start by just asking you to introduce yourself tell us your background, how did u become interested in Chinese economics, econometrics. 00:00:52 LL: I’m Larry Lau, I’m the president of Chinese University __ of Hong Kong, and I taught economics at Stanford for over forty years before moving to Hong Kong, I first got interested in China by building the first econometric model of China back in 1966, you know, way before it became fashionable. And in 1979, I visited China as an adult for the first time. And then I’ve been going back quite regularly. I’ve taken a great interest in the Chinese economy and have often been called upon to advise the government on various aspects on economic policy. 00:01:41 R: So in 1966, when you first built your models, it was obviously quite tumultuous year for China politically. So I’m wondering if you could first talk about what you were thinking in 1966. Obviously it was very difficult to foresee at that point what China would become, so when you started to develop this model, what were you looking for? 00:02:05 LL: Well I think the interest then was to see whether we could try to forecast how the Chinese economy would do. At that time there was very limited data, but there happened to 2 be a few pieces they published in the 50s and early 60s, and that’s the base on which we built this model. It really was quite interesting that subsequently I discovered somehow the Chinese were able to obtain a copy. When I was teaching econometrics in China in the summer of 1980, I happen to walk past a student, and he happened to have a copy of my model translated and stamped “secret”. I asked him for a copy, at first he didn’t wanna give it to me, I said look there’s nothing in it that I didn’t know already. So, it was quite interesting. 00:03:07 R: So there’s this first ten years of the cultural revolution. How did you built your model, and where did it succeed? Where did it fail? 00:03:15 LL: It was long time ago, and I think Cultural Revolution is a very unusual period in the sense that pretty much nothing is normal, I can’t say that the model worked very well, but when I visited China for the first time in 1979, I actually used that model. I came up with a prediction of around 8% growth. And everybody in my delegation which includes Pro. Lawrence Klein, Kenneth Arrow___, and various other distinguished professors, everybody thought I was too optimistic, but in retrospect, I was still 2% too low. 00:04:06 R: So maybe starting out from 1979 on when you first visited China, how would you break, subdivide the boom from that point on? Without being too artificial, how would you break it? 00:04:24 LL: I would say that from 1979 to maybe about 1989 -’92, that’s probably the first period. And there’s very much a period which there’s a lot of trial and error. You’ve probably heard the saying that “you are crossing the river by touching the pebbles,” right? What is really interesting is that by 1978/’79, right after the Cultural Revolution, I think the Chinese people, they became so desperate that they were willing to try anything, you know, including opening up the economy, sending students overseas in large numbers. You have 3 to remember, that the former Soviet Union as backward as it was back in 1917, never sent students overseas, so for China to do that in ‘78, ‘79, it was very bold. I think nobody at the time expected the economy to do so well, they were convinced that whatever that they have been doing did not work, so let’s try something else, so it was very much a period of experimentation, you have on the farms, this responsibility system, in which farmers were encouraged to produce for a free market, once they completed their quota, so this released immense energy and productivity, and then they tried to extend this through the manufacturing, the industrial sector, which sort of worked but not completely. You have for a long time the so-called township enterprises and villages enterprises, grew very very fast, but all of these began to disappear as a force around, I will say, the early 90s. 00:06:46 R: So you’ve worked a lot on this two-track model and the market. 00:06:51 LL: Right, correct. 00:06:54 R: So I was wondering if you can talk about what you’ve just mentioned the SOE and the TVE. First of all, throughout the 80s, how did the government maintain credibility and.. 00:07:08 LL: That is a very good question. In fact, it really is the two track system that made it possible. If you compare the Chinese experience with the Soviet experience, the Russian experience. It is precisely the Russia that didn’t use the two-track system that Russia actually had to go through ten years of declining GDP, per capita GDP. Now in the Chinese case, they actually had the two-track system in the following way. Everybody in the 80s, they still had to satisfy the plan, that’s your first responsibility, but after you have completed your plan, or your commitment under the plan, you can do whatever you want and sell it at the open market. If you think about it for a moment, what this did was to make sure there were no losers, you know. Because if you didn’t want to participate in the free market, you just continue doing what you have been doing. You would be paid the same way, and your input would still arrive, and you will still have enough money to buy food because you have ration tickets, so everything under the plan would still work, but if you wanted to, you worked extra, produced extra, and that you can sell entirely on the free market. So that is really what happened during this period, I would call it “reform for the losers”. Because by keeping the plan intact, you could actually protect all the vested interests. You have the incentive for people to work beyond the plan and they will get to keep whatever they were able to generate beyond the plan, so that’s very successful. But 4 for the losers, it’s important: no one became worse-off, I will say probably during the first ten years. 00:09:19 R: Until what happened? 00:09:21 LL: Well I think by the time you look at the mid 90s, then it’s not so clear that everybody would benefit, some people would benefit a great deal more and so forth. Because by that time, the plan as a percentage of the total had become very small, and so even if you were able to keep whatever is under the plan, sometimes you weren’t able to catch up with your neighbors, who were making big gains because they were participating in the free market. So if you insisted not going into the free market, you are gonna suffer relatively. Now compared to the beginning, you are not worse off, but if you compared with your friends, let’s say, in the early 90s, if you didn’t go into the right industry or you are not adventurous enough, you would basically stay there, while they would be much better-off.
Recommended publications
  • 2016-2017 CCKF Annual Report
    2016-2017 INTRODUCTION The Chiang Ching-kuo Foundation for International Scholarly Exchange (the Foundation) was established in 1989 in memory of the outstanding achievements of the late President of the Republic of China, Chiang Ching- kuo (1910-1988). The Foundation’s mission is to promote the study of Chinese culture and society, as well as enhance international scholarly exchange. Its principal work is to award grants and fellowships to institutions and individuals conducting Sinological and Taiwan-related research, thereby adding new life to Chinese cultural traditions while also assuming responsibility for the further development of human civilization. Operational funds supporting the Foundation’s activities derive from interest generated from an endowment donated by both the public and private sectors. As of June 1, 2017, the size of this endowment totaled NT$3.62 billion. The Foundation is governed by its Board of Directors (consisting of between 15 and 21 Board Members), as well as 3 Supervisors. Our central headquarters is located in Taipei, Taiwan, with a regional office near Washington D.C. in McLean, Virginia. In addition, the Foundation currently maintains four overseas centers: the Chiang Ching-kuo International Sinological Center at Charles University in Prague (CCK-ISC); the Chiang Ching-kuo Foundation Inter-University Center for Sinology at Harvard University (CCK-IUC); the Chinese University of Hong Kong – Chiang Ching-kuo Foundation Asia-Pacific Centre for Chinese Studies (CCK-APC); and the European Research Center on Contemporary Taiwan – A CCK Foundation Overseas Center at Eberhard Karls Universität Tübingen (CCKF-ERCCT). There are also review committees for the five regions covering the geographic scope of the Foundation’s operations: Domestic, American, European, Asia-Pacific and Developing.
    [Show full text]
  • Thirty Years Connecting Asia with Stanford University
    Thirty Years Connecting Asia with Stanford University 1 Welcome 2 Shorenstein APARC Leadership, 1983–2013 3 Director’s Message 4 1983–1989 Asia’s Emergence 6 1990–1996 Asia After the Cold War 8 1997–2005 Asian Financial Crisis / The War on Terror 10 2006–present China’s Rise / Crisis in Korea 12 Research 14 Events 16 Outreach 18 People 20 Programs: AHPP / Corporate Affiliates / JSP / KSP / SCP / SEAF 32 Publications 34 Supporting Shorenstein APARC 36 Photo credits Welcome to the Walter H. Shorenstein Asia-Pacific Research Center, a unique Stanford University institution focused on the interdisciplinary study of contemporary Asia. A visionary group of Stanford scholars established the Center three decades ago to address the need for research on Asia that — rather than being siloed by discipline and by country — reached across departments, from sociology to engineering, and looked at Asia in a regional context. The Center’s work was imbued with the desire to promote cooperation rather than the distrust of the Cold War. We take great pride in our contribution to the growing understanding of Asia’s global significance, and to the improvement in U.S.-Asia relationships developing today. The following pages provide a glimpse of how Shorenstein APARC has fulfilled its mission over the past thirty years, by producing outstanding interdisciplinary research; by educating students and the next generation of scholars; by promoting constructive interaction in the pursuit of influencing U.S. policy toward Asia-Pacific regions; and by contributing to how Asian nations understand issues key to regional cooperation and to their relations with the United States.
    [Show full text]
  • Douglas Webster Involving More Than Twenty-Five U.S
    Asia/Pacific Research Center Stanford University 1998-1999 Year in review www.stanford.edu/group/APARC/ The Asia/Pacific Research Center (A/PARC) TABLE OF CONTENTS at Stanford University is ideally positioned to lead the study of Asia into the 2 Message from the Director next millennium. At A/PARC, Stanford faculty and students, visiting scholars, and distinguished business and government leaders from the Asia 4 Institutional Developments Pacific region come together to examine contemporary Asia and U.S. 7 Research Projects involvement in the region. Established in 1978, there are now over sixty 16 Special Essay Section: Challenges for Asia at the Beginning Stanford faculty and over ninety non-Stanford individuals associated with of the Twenty-First Century A/PARC. The Center has become an important venue for Asian and U.S. Malaysia and Indonesia in 1999: Crackdown and Uproar leaders to meet and exchange views, and to examine economic, political, Donald Emmerson technological, strategic, and social issues of lasting significance. Indonesia at the Millennium Walter Falcon Reforming the Communist Party: Located within Stanford’s Institute for International Studies (IIS), A/PARC China’s Challenge in the Twenty-First Century conducts research, sponsors seminars and conferences, and publishes Michel Oksenberg research findings and studies, occasional papers, special reports, and East Asia’s Urban Revolution James Raphael with Thomas Rohlen and books. A/PARC has an active industrial affiliates and training program, Douglas Webster involving more than twenty-five U.S. and Asian companies and Challenges for Asia in the Next Century public agencies. Members of A/PARC’s faculty have held high-level posts Henry Rowen in government and business, and their interdisciplinary expertise generates 24 Major Conferences and Seminars significant policy recommendations for both the public and private sectors.
    [Show full text]
  • US-China Trade Issues After the WTO and the PNTR
    Hoover Press : EPP 103 DP5 HPEP03FM01 08-01-9900 16:30:43 rev1 page i U.S.-CHINA TRADE ISSUES AFTER THE WTO AND THE PNTR DEAL A Chinese Perspective Jialin Zhang HOOVER INSTITUTION on War, Revolution and Peace Stanford University 2000 Hoover Press : EPP 103 DP5 HPEP03FM01 08-01-9900 16:30:43 rev1 page ii The Hoover Institution on War, Revolution and Peace, founded at Stanford University in 1919 by Herbert Hoover, who went on to become the thirty-first president of the United States, is an interdisciplinary research center for advanced study on domestic and international affairs. The views expressed in its publications are entirely those of the authors and do not necessarily reflect the views of the staff, officers, or Board of Overseers of the Hoover Institution. www.hoover.org Essays in Public Policy No. 103 Copyright 2000 by the Board of Trustees of the Leland Stanford Junior University Material contained in this essay may be quoted with appropriate citation. First printing, 2000 Manufactured in the United States of America 050403020100987654321 Library of Congress Cataloging-in-Publication Data Chang, Chia-lin. U.S.-China trade issues after the WTO and PNTR deal : a Chinese perspective / Jialin Zhang. p. cm. — (Hoover essays in public policy; no. 103) Includes bibliographical references. ISBN 0-8179-4382-X (alk. paper) 1. United States—Foreign economic relations—China. 2. China—Foreign economic relations—United States. 3. Balance of trade—United States. 4. Export controls—United States. 5. Capital movements—China. 6. United States—Commerce—China. 7. China—Commerce—United States. I.
    [Show full text]
  • Chiang Ching-Kuo Foundation for International
    Chiang Ching-kuo Foundation for International Scholarly Exchange Chiang Ching-kuo Foundation for International Scholarly Exchange 簡史 「蔣經國國際學術交流基金會」於一九八九年一月十二日正式成立,是中華民國第 一個面向國際的學術獎助機構,由政府與民間共同捐助成立。 由臺灣出資設立一個推動國際漢學研究獎助機構的構想最早源自一九八六年,許倬 雲、余英時、張光直等多位任教於北美之華裔教授,因憂心海外漢學研究式微,集 體上書故總統 經國先生,倡議成立一國際學術基金會,以振興國際漢學研究與學 術交流為宗旨,此一構想得到 經國先生之讚許,遂責成當時之行政院長俞國華與 教育部長李煥開始著手研議。 一九八七年毛高文先生接任教育部長,為了更有效運用國際文教交流的資源,亦有 設置獨立的國際學術獎助機構之規劃,與之前研議中的構想不謀而合,基金會的籌 備工作乃全面展開。然而 經國先生已於一九八八年元月十三日逝世,未及親自目 睹其成立,也絲毫沒有料想到在他身後,基金會的政府與民間發起人決定將此尚未 命名的機構正式定名為「蔣經國國際學術交流基金會」,以推崇其保存與發揚中華 文化的基本信念。負責籌備的教育部長毛高文與學術界俊彥,自始即堅持要確立基 金會的「純學術」定位,且以「中華文化」作為聚焦之核心,並深信以此方式緬懷 經國先生,當有極深遠之意義。基金會成立後,首任董事長由李國鼎先生擔任, 李亦園先生擔任執行長;同年十月並於華府成立美洲辦事處,由許倬雲先生擔任北 美分會主席。 本會成立之宗旨,除獎助、提倡有關中華文化之研究外,並積極推動國內外之學術 交流。三十年來在李國鼎、俞國華、李亦園、毛高文四位前任董事長,以及錢復董 事長、朱雲漢執行長的帶領下,秉持「堅守學術獨立」與「走向國際化」的原則, 積極耕耘,使本會在國際間建立良好之學術聲譽,對促進國內外漢學研究及學術交 流,績效卓著。如今「蔣經國基金會」已是全球學術獎助機構的標竿之一,亦是倡 導漢學研究的重要推手。 本會現任董事長錢復先生自二○一九年六月接任以來,更明確指示本會同仁要持續 堅守學術本位之立場,以確保本會國際學術交流宗旨之延續,維護得來不易之國際 聲譽。未來本會將攜手與國內學術界發揮本身的優勢定位,立足臺灣、放眼世界, 扮演中華文化傳承者的角色;並希望能進一步推動兩岸三地的漢學研究與整合,為 中華文化的傳承與轉化注入新的動力,共同承擔引領二十一世紀人類文明發展的重 責大任。 4 Brief History The Chiang Ching-kuo Foundation for International Scholarly Exchange was formally established on January 12, 1989, being supported by both the ROC government and private organizations, while also earning distinction as Taiwan’s first international academic organization. The inspiration for establishing the Foundation dates back to the year 1986, when Cho- yun Hsu, Ying-shih Yu, Kwang-chih Chang, and other scholars of Chinese descent at major North American
    [Show full text]
  • The Growth of Freedoms in China
    The Growth of Freedoms in China Henry S. Rowen This paper has been adapted from the author’s article “The Short March: China’s Road to Democracy”, which first appeared in The National Interest (no. 45, Fall 1996, pp. 61–70). This revised version is being circulated in preliminary form as an A/PARC Working Paper. Once the sourcing and references are complete, it will be pub- lished in finished form as an A/PARC Occasional Paper. April 2001 1 2 About the Author Henry S. Rowen is co-director of the Asia/Pacific Research Center. He is a senior fellow at the Hoover Institution and a professor of public policy and management emeritus at Stanford’s Graduate School of Business. Professor Rowen is an expert on international security, economic development, and Asian economics and politics, as well as U.S. institu- tions and economic performance. His current research focuses on global regions of innova- tion, economic growth prospects for the developing world, political and economic change in East Asia, and the tenets of federalism. Among his numerous publications, recent notewor- thy writings include “Catch Up. Why Poor Countries are Becoming Richer, Democratic, Increasingly Peaceable, and Sometimes More Dangerous,” (A/PARC, August 1999), and “Cool on Global Warming,” co-authored with John Weyant (The National Interest, Fall 1999). Professor Rowen is the editor of Behind East Asian Growth: The Political and Social Foundations of Prosperity (Routledge Press, 1998). As part of his work with A/PARC’s Silicon Valley Networks research project—now known as the Stanford Project on Regions of Innovation and Entrepreneurship (SPRIE)—Professor Rowen also co-edited, with Chong- Moon Lee, William F.
    [Show full text]
  • 香港特別行政區排名名單 the Precedence List of the Hong Kong Special Administrative Region
    二零二一年九月 September 2021 香港特別行政區排名名單 THE PRECEDENCE LIST OF THE HONG KONG SPECIAL ADMINISTRATIVE REGION 1. 行政長官 林鄭月娥女士,大紫荊勳賢,GBS The Chief Executive The Hon Mrs Carrie LAM CHENG Yuet-ngor, GBM, GBS 2. 終審法院首席法官 張舉能首席法官,大紫荊勳賢 The Chief Justice of the Court of Final The Hon Andrew CHEUNG Kui-nung, Appeal GBM 3. 香港特別行政區前任行政長官(見註一) Former Chief Executives of the HKSAR (See Note 1) 董建華先生,大紫荊勳賢 The Hon TUNG Chee Hwa, GBM 曾蔭權先生,大紫荊勳賢 The Hon Donald TSANG, GBM 梁振英先生,大紫荊勳賢,GBS, JP The Hon C Y LEUNG, GBM, GBS, JP 4. 政務司司長 李家超先生,SBS, PDSM, JP The Chief Secretary for Administration The Hon John LEE Ka-chiu, SBS, PDSM, JP 5. 財政司司長 陳茂波先生,大紫荊勳賢,GBS, MH, JP The Financial Secretary The Hon Paul CHAN Mo-po, GBM, GBS, MH, JP 6. 律政司司長 鄭若驊女士,大紫荊勳賢,GBS, SC, JP The Secretary for Justice The Hon Teresa CHENG Yeuk-wah, GBM, GBS, SC, JP 7. 立法會主席 梁君彥議員,大紫荊勳賢,GBS, JP The President of the Legislative Council The Hon Andrew LEUNG Kwan-yuen, GBM, GBS, JP - 2 - 行政會議非官守議員召集人 陳智思議員,大紫荊勳賢,GBS, JP The Convenor of the Non-official The Hon Bernard Charnwut CHAN, Members of the Executive Council GBM, GBS, JP 其他行政會議成員 Other Members of the Executive Council 史美倫議員,大紫荊勳賢,GBS, JP The Hon Mrs Laura CHA SHIH May-lung, GBM, GBS, JP 李國章議員,大紫荊勳賢,GBS, JP Prof the Hon Arthur LI Kwok-cheung, GBM, GBS, JP 周松崗議員,大紫荊勳賢,GBS, JP The Hon CHOW Chung-kong, GBM, GBS, JP 羅范椒芬議員,大紫荊勳賢,GBS, JP The Hon Mrs Fanny LAW FAN Chiu-fun, GBM, GBS, JP 黃錦星議員,GBS, JP 環境局局長 The Hon WONG Kam-sing, GBS, JP Secretary for the Environment # 林健鋒議員,GBS, JP The Hon Jeffrey LAM Kin-fung, GBS, JP 葉國謙議員,大紫荊勳賢,GBS, JP The Hon
    [Show full text]
  • 1 Denise Hare September 2019 DENISE HARE Economics Department Reed College 3203 SE Woodstock Boulevard Portland, OR 97202-819
    Denise Hare September 2019 DENISE HARE Economics Department Reed College 3203 SE Woodstock Boulevard Portland, OR 97202-8199 Tel (503) 517-7463 Fax (503) 777-7769 Email [email protected] CURRENT POSITION Dr. Lester B. Lave Professor of Economics, Reed College. EDUCATION Ph.D., Economics, Stanford University, 1992. Certificate in Chinese Studies, Johns Hopkins University-Nanjing University Center for Chinese and American Studies, 1988. B.A., cum laude, Economics, Carleton College, 1983. PROFESSIONAL EXPERIENCE 2013-present Dr. Lester B. Lave Professor of EconomiCs, Reed College. Courses include: Economics of Development; Economics of Population, Gender, and Race; Jobs, Technology and Trade; Asian Economies in Transition; Collectivization and Decollectivization in the PRC; Introductory Economics; Survey of Econometric Methods; Theory and Practice of Econometrics; Microeconomic Theory; Intermediate Macroeconomics, Economics of Collectives, and Economics of the Family. 2002-2015 InstruCtor and ResearCh Mentor, Beijing University. Research training program for young women economists in China sponsored by the Ford Foundation. 2009-2013 Professor of EconomiCs, Reed College. 1999-2008 Associate Professor of EconomiCs, Reed College. 2000-2001 Field researCh, hosted by Vietnam National University. Conducted interviews in Hanoi and in five rural communes throughout Vietnam. 1992-1998 Assistant Professor of EconomiCs, Reed College. 1995-1997 Postdoctoral Fellow, Economics Department, Research School of Pacific and Asian Studies, The Australian National University. 1996 Consultant to the United Nations Industrial Development Organization. Assisted with preparation of background report and terms of reference for subsequent main mission on township and village enterprise development in China. 1996 Consultant for Swedish International Development Agency-funded project on Social Policy to Assist Vulnerable Groups in Vietnam.
    [Show full text]
  • Energy and Security in East Asia
    Energy and Security in East Asia Michael May January 1998 This paper is part of a research project, “America’s Alliances with Japan and Korea in a Changing Northeast Asia,” initiated in the fall of 1996 at the Asia/Pacific Research Center. i ii Contents Abstract v Introduction 1 Energy Demand Growth 5 China 5 Japan 11 Republic of Korea 11 North Korea 12 Taiwan 12 Energy Supplies and Choices 13 World and Indigenous Supplies 13 Coal 13 Oil 15 Gas 17 Hydro 18 Nuclear 18 Capital Requirements 20 Possible Causes for Deviations from the Base Case 21 Internal Chinese Causes 21 Hostilities Affecting East Asia 22 Recession or Depression Abroad 23 Dependencies and Insecurities 24 Dependence on World Markets for Oil and Gas 24 Transnational Pollution 26 Coal Emissions 26 iii Global Warming 27 Nuclear Energy 28 Safety 28 Fuel-Cycle Issues 29 Nuclear Material Diversion 29 Policy Implications for the United States 30 A Brief Historical Look 30 The Present Strategic Context 33 U.S. Policy Options 35 China’s WTO Membership 35 Global Warming and Transnational Pollution 36 The Middle East 37 Offshore Oil and Gas 37 Nuclear Energy 38 Other Developing Countries 39 Notes 40 iv Abstract This study examines the likely security consequences of the continued growth in energy consumption in East Asia, and in particular: • The dimensions of that growth which are likely to have an effect on international security. • The dependencies and insecurities created by that continued growth. • The policy guidance that can be derived for the United States from a review of those dependencies and insecurities.
    [Show full text]
  • Fra Matematikk Til Moral
    Fra matematikk til moral Månedsbrev 12/2017 Xi Jinping ønsker seg partimedlemmer som ikke er korrupte. Fordi deres egne holdninger og verdier tilsier at man ikke skal være det. Arne Jon Isachsen Centre for Monetary Economics (CME) © Arne Jon Isachsen 2 South China Morning Post er Hong Kongs At Partiet har den ledende rollen i viktigste avis. I en artikkel her den 26. samfunnet, står innskrevet i Kinas oktober i år konstaterer professor Lawrence konstitusjon. At også næringslivet legger J. Lau at mer enn hundretusen embetsmenn vekt på dette er nytt. De interne retnings- og høytstående medlemmer av Det linjene i stadig flere foretak bekrefter kinesiske kommunistpartiet har blitt tatt Partiets betydning – hvilket gjenspeiler for korrupsjon og straffet de senere år. Det villighet til å være mer lydhøre overfor samme gjelder om lag 30 prosent av politiske innspill og behov. Omstillinger i offiserene i det militæret med rang av økonomien initiert av Partiet, som general. Noen av dem drev med kjøp og nedleggelse av “zombieforetak” som salg av militære grader. egentlig burde vært slått konkurs men som holdes opp ved kreditter fra statlige Partiet har full kontroll over kampen mot banker, blir enklere. Mer generelt, Partiets korrupsjon. Historikeren Zhang Lifan mål om en mer markedstilpasset økonomi fremholder at Xi Jinping er engstelig for at ut fra ønsket om en mer effektiv bredere deltakelse fra folket vil kunne produksjon lar seg lettere innfri når skape kaos på linje med det Kina erfarte bedriftene selv er innstilt på å godta under kulturrevolusjonen (1966-1976).1 markedets dom, som tidvis kan være både brutal og urimelig.
    [Show full text]
  • 1529480511778 75.Pdf
    Addr.: School of Public Policy and Management, Tsinghua University Beijing, P.R.China, 100084 Tel: (86-10)62772497 Fax: (86-10)62772497 E-mail: [email protected] http://cideg.cemf.net.cn 2015 CIDEG ANNUAL REPORT About CIDEG Officially found on September 27th, 2005, the Center for Industrial Development and Environmental Governance (CIDEG) of Tsinghua University serves as a center of excellence for policy research, academic exchange, graduate education, and on-the-job training on industrial development, environmental governance, and institutional transition. The long-term goals of the Center are to promote education and research on public policy and management in China and to enhance the communication, understanding, and cooperation among the academic, business, non-profit, and public sectors. The Center for Industrial Development and Environmental Governance (CIDEG) is very grateful for the unconditional sponsorship provided by the Toyota Motor Corporation. Since its establishment, CIDEG dedicated to organize various research projects and academic activities, with the involvement of numerous famous scholars, to construct its own research team and academic network, and to publish various research findings, which have made great achievements and significant influence. All these efforts prepared CIDEG for one of the world-class think tanks. CIDEG 10th Anniversary Ceremony on October 25th, 2015 CIDEG1 Board of Directors ■ Chairman of the Board CHEN Qingtai Former Deputy Director, Development Research Center of the State Council Founding Dean, School of Public Policy and Management, Tsinghua University ■ Board Members (in alphabetical order) AOKI Masahiko (1938.4—2015.7) DONG Changzheng Emeritus Professor, Stanford University Former President, the International Executive Vice President, Economic Association Toyota Motor (China) Investment CO.LTD.
    [Show full text]
  • City Research Online
    City Research Online City, University of London Institutional Repository Citation: Huo, S. and Parmar, I. ORCID: 0000-0001-8688-9020 (2019). 'A new type of great power relationship'? Gramsci, Kautsky and the role of the Ford Foundation's transformational elite knowledge networks in China. Review of International Political Economy, doi: 10.1080/09692290.2019.1625427 This is the accepted version of the paper. This version of the publication may differ from the final published version. Permanent repository link: https://openaccess.city.ac.uk/id/eprint/23576/ Link to published version: http://dx.doi.org/10.1080/09692290.2019.1625427 Copyright: City Research Online aims to make research outputs of City, University of London available to a wider audience. Copyright and Moral Rights remain with the author(s) and/or copyright holders. URLs from City Research Online may be freely distributed and linked to. Reuse: Copies of full items can be used for personal research or study, educational, or not-for-profit purposes without prior permission or charge. Provided that the authors, title and full bibliographic details are credited, a hyperlink and/or URL is given for the original metadata page and the content is not changed in any way. City Research Online: http://openaccess.city.ac.uk/ [email protected] 1 ‘A new type of great power relationship’? Gramsci, Kautsky and the role of the Ford Founda- tion’s transformational elite knowledge networks in China Abstract: Challenging conflictual Realist and optimistic liberal-internationalist arguments about full- scale integration of China into the US-led order, this article uses Gramsci’s concept of hegemony and Kautsky’s concept of ultra-imperialism to explore US hegemony’s influence in transforming China and to characterize the relationship.
    [Show full text]