CCG dialogue with Nobel laureate Sir Angus Deaton

Issues in regard to inequalities and poverty have been put under the spotlight in social and political debates in today’s world. The gap between extreme wealth and poverty is increasingly widening in both developed and developing countries and the pandemic has exacerbated inequalities not only within but also between countries. How has the spread of Covid-19 catalysed the problem of inequality and how should we interpret its revelations on the social, economic and development issues of the world?

As the two largest economies in the world, many questions can be raised on the policies of the US and China for public goods. For instance, how is the American system of capitalism working for its economy and society? How is President Biden’s infrastructure reform plan going to benefit the general public, especially the underprivileged? What can be learned from the success of China’s poverty alleviation program and what is the next step for China to reduce inequality?

On May 13, the Center for China and Globalization (CCG) is honored and pleased to host a fireside chat session featuring Sir Angus Deaton, recipient of the 2015 Nobel Prize for Economics and Professor of Economics and International Affairs Emeritus at Princeton University, and Anne Case, Professor of Economics and Public Affairs Emeritus at Princeton University. This event will be hosted by CCG President, Wang Huiyao, joined by CCG Vice President and Senior Economist, David Blair.

This virtual program is part of CCG “China and the World” webinar series seeking to engage global thought leaders on topics concerning the current situation and dilemmas of globalization and China’s role in it.

Speakers:

Sir Angus Stewart Deaton FBA is the recipient of 2015 Nobel Memorial Prize in Economic Sciences for his analysis of consumption, poverty, and welfare.

Sir Deaton has been named a Knight Bachelor for his services to research in economics and international affairs. He is currently a Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Woodrow Wilson School of Public and International Affairs and the Economics Department at Princeton University.

He was formerly president of the American Economic Association, the first recipient of the Society's Frisch Medal and was awarded the BBVA Foundation Frontiers of Knowledge Award. He is currently a corresponding Fellow of the British Academy, an Honorary Fellow of the Royal Society of Edinburgh and a Fellow of the Econometric Society.

Sir Deaton is the author of a great number of influential articles and books, including Economics and Consumer Behavior, The Great Escape: Health, Wealth, and the Origins of Inequality and most recently, Deaths of Despair and the Future of Capitalism. His current research focuses on poverty, inequality, health, wellbeing, economic development, and randomized controlled trials.

Anne Catherine Case is the Alexander Stewart 1886 Professor of Economics and Public Affairs Emeritus at Princeton University, where she continues to teach in the School of Public and International Affairs.

Dr. Case currently serves on the Committee on National Statistics and is a Research Associate of the NBER, a Fellow of the Econometric Society, and an affiliate of the Southern Africa Labor and Development Research Unit at the University of Cape Town. She also is a member of the National Academy of Sciences, the National Academy of Medicine, the American Academy of Arts and Sciences, and the American Philosophical Society.

Dr. Case has written extensively on health over the life course. She has been awarded the Kenneth J. Arrow Prize in Health Economics from the International Health Economics Association, and the Cozzarelli Prize from the Proceedings of the National Academy of Sciences. Dr. Case is known for her studies on deaths of despair and co-authored Deaths of Despair and the Future of Capitalism with Sir Deaton.

Discussant:

David Blair is the Vice-President and Senior Economist at the Center for China and Globalization (CCG).

Dr. Blair is an economist and writer specializing in banking and finance, macro-economics, technological innovation, and healthcare. He is now a senior business columnist for China Daily in Beijing, where he has written over 250 articles, many of them front page. He holds a Ph.D. in economics from UCLA and was a MacArthur post-doctoral fellow at Harvard University’s Center for Science and International Affairs. For 17 years, he was a Professor of Economics and Chairman of the economics department at the Eisenhower School of National Defense University in Washington, DC, which is an executive management program for senior officials of the US government, about forty other nations, and selected large corporations.

For many years, he led the program researching financial institutions around the world and has extensive business consulting experience. He worked directly with the then Minister of Railways of India to evaluate management procedures and business strategy. He spent a year as a visiting scholar at Citic Securities in Beijing and has directed projects in many countries.

Presider:

Huiyao (Henry) Wang is the Founder and President of the Center for China and Globalization (CCG). Dr. Wang is a leading expert in Chinese and global affairs with special interests in globalization and global governance. Since appointed as a Counselor to the State Council by Premier Li Keqiang in 2015, he has advised the Chinese government on policies concerning global trade and investment, China-US/EU relations, and immigration. Dr. Wang is also Professor and Dean of the Institute of Development at Southwestern University of Finance and Economics in China.

Dr. Wang was a visiting fellow at The Brookings Institution and a senior fellow at the Asia-Pacific Foundation of Canada. He is currently a Policy Fellow at IZA Institute. He has taught at Peking University, Tsinghua University and the University of Western Ontario as an adjunct professor. He sits on advisory boards for several organizations including the International Organization of Migration (IOM), the Asia Development Council at Yale University, and Duke-Kunshan University. He has published over 80 books in English and Chinese along with hundreds of journal articles and opinion pieces.

Dr. Wang is a frequent speaker at international events such as the World Economic Forum, Munich Security Conference, Paris Peace Forum, WTO Public Forum, Munk Debate, Berlin Policy Forum. He has served on the steering committee of the Paris Peace Forum since its inauguration.

[CCG Dialogue]

CCG Books

● Published by Springer 

● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China 

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The internationalization of Chinese enterprises is one of the most notable aspects of economic globalization in the 21st century. Despite the 2008 financial crisis and weak global outbound investment, under the “go global“ initiative, Chinese outbound investment has gone from strength to strength, while also diversifying in terms of investment modalities, destinations, and industries. However, growing anti-globalization sentiment in some countries has also created new challenges for Chinese firms expanding internationally.

Drawing on nearly 3000 data samples, using both quantitative and qualitative research methods, this book presents unique insights into the features and patterns of Chinese enterprises’ globalization. The analysis provides a useful reference for enterprises that have already gone global and those that plan to. In particular, this book investigates challenges confronted by Chinese companies when doing business in foreign countries. It summarizes research covering three angles, namely: the current situation, causation analysis and corresponding solutions, and recommendations for firms, government agencies and other institutions.

This book provides a comprehensive overview to help readers to grasp the broad picture of the international expansion of Chinese enterprises. It has important reference value for enterprises to help devise foreign investment strategy, seize opportunities, and navigate challenges in the course of globalization.

● Links：

https://www.springer.com/cn/book/9789811546457

● Published by Edward Elgar 

● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China 

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An excellent guide for understanding the trends, challenges and opportunities facing China through globalization, this Handbook answers the pertinent questions regarding the globalization process and China’s influence on the world.

With contributions from leading experts and international researchers, each chapter covers key topics regarding China’s participation in globalization, including: China’s new role in global economic governance; outward direct investment; China’s soft power and the implications for foreign relations; global migration, diaspora and talent. An enriching range of case studies and extensive empirical research are used to explore the successes and failures of globalization in China, and to discuss the dilemmas facing decision makers in today’s globalized world. A major contribution to the field, this Handbook offers valuable insights to China’s often misunderstood globalization process.

An essential reference for academics and researchers looking for a go-to empirical resource, this Handbook provides scholars of economics, politics and East Asian studies with an exemplary selection of contemporary research on China and globalization.

● Links：

https://www.e-elgar.com/shop/handbook-on-china-and-globalization

● Published by Springer

● Authors: Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China 

The first effort to address the gap regarding higher-end talent within the scholarly work on internal labor migration in China

Provides an essential overview of the major milestones in China’s talents attraction policies, as well as several recommendations to help further improve those policies

Investigates corresponding policies in Germany, Japan, and Singapore to serve as a basis for comparison

Provides a snapshot of first-hand reference material for relevant stakeholders involved in cooperation with China

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This book offers the most comprehensive, up-to-date assessment of China’s domestic and international migration. Restructuring economic development requires large numbers of educated and skilled talents, but this effort comes at a time when the size of China’s domestic workforce is shrinking. In response, both national and regional governments in China have been keen to encourage overseas Chinese talents and professionals to return to the country. Meanwhile, the Chinese government has initiated a number of policies to attract international highly-skilled talents and enhance the country’s competitiveness, and some Chinese policies have started attracting foreign talents, who are coming to the country to work, and even to stay. Since Chinese policies, mechanisms, and administration efforts to attract and retain skilled domestic or overseas talents are helping to reshape China’s economy and are significantly affecting the cooperation on migration and talent mobility, these aspects, in addition to being of scholarly and research interest, hold considerable commercial potential.

● Links：

https://www.springer.com/gp/book/9789811362552#aboutBook

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