Sustaining China’s Economic Growth after the Global Financial Crisis

The Weatherhead East Asia Center at Columbia University presents a talk with Nicholas Lardy on the reforms China must undertake in order to sustain its world-beating growth performance.

Thanks to its strong stimulus program, China came through the global financial crisis almost unscathed. But the stimulus did not address longer term structural problems that China must solve. Dr. Lardy’s talk will explain the reforms China must undertake in order to sustain its world-beating growth performance.

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Nicholas R. Lardy is the Anthony M. Solomon Senior Fellow at the Peterson Institute for International Economics (PIIE). He is an expert on the Chinese economy and Asia. He has written numerous articles and books on the Chinese economy. His most recent book, entitled Sustaining China's Economic Growth after the Global Financial Crisis, was released in February 2012. Other recent books include The Future of China's Exchange Rate Policy (2009), China's Rise: Challenges and Opportunities (2008), and China: The Balance Sheet (Public Affairs, 2006).

Prior to the PIIE, he was at the Brookings Institution as a senior fellow in the Foreign Policy Studies Program from 1995 until 2003 and as interim director of Foreign Policy Studies in 2001. Before Brookings, he was the Frederick Frank Adjunct Professor of International Trade and Finance at the Yale University School of Management from 1997 to 2000. Dr. Lardy served as a director of the University of Washington’s Henry M. Jackson School of International Studies (JSIS) from 1991 to 1995. He was also a professor of international studies at the University of Washington since 1985 and an associate professor from 1983 to 1985. He served as chair of the China Program from 1984 to 1989. He was an assistant and associate professor of economics at Yale University from 1975 to 1983. He received his BA from the University of Wisconsin in 1968 and his PhD from the University of Michigan in 1975, both in economics. Dr. Lardy is a member of the Council on Foreign Relations and is a member of the editorial boards of the China Quarterly, China Review, and Journal of Contemporary China.