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The Beijing Consensus: Fact of Fallacy?

A talk by Patrick Chovanec on the “Beijing Consensus” as an alternative development model to the American-led Washington Consensus.

June 30, 2011 10:00am to 11:30am

China’s unprecedented double-digit growth has placed a spotlight on the “Beijing Consensus” as an alternative development model to the American-led Washington Consensus. As rising inflation and high unemployment rates challenge Beijing, questions are raised as to the efficacy and resilience of such a model. What is China’s economic outlook?

Patrick Chovanec is an associate professor at Tsinghua University’s School of Economics and Management in Beijing, China, where he teaches in the school’s International MBA Program. His insights into Chinese business, economics, politics, and culture have been featured by international media including CNN, BBC, Time,Newsweek, Wall Street Journal, Financial Times, Bloomberg, New York Times, Washington Post, Forbes, Foreign Policy, The Atlantic,PBS, NPR, and Al Jazeera. He is a regular guest commentator on Chinese Central Television (CCTV-9) and China Radio International (CRI), and serves as Chairman of the Public Policy Development Committee for the American Chamber of Commerce in China.

Professor Chovanec has worked for several private equity funds focused on China, and continues to serve as a fund advisor. Prior to that, he served as director of Institutional Investor’s Asia Pacific Institute, based in Hong Kong, and its Global Fixed Income Institute, based in London. Before coming to Asia, Chovanec worked in Washington, DC, as an aide to political strategist William Kristol and to Speaker of the House John Boehner. He also served for nine years as an officer in the U.S. Army Reserves.

He holds a BA in Economics from Princeton University and an MBA in Finance and Accounting from the University of Pennsylvania’s Wharton School, where he graduated as a Palmer Scholar. He is a U.S. Certified Public Accountant (CPA).

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