Happy Lunar New Year from the USC US-China Institute!
Eclipse: Living in the Shadow of China’s Economic Dominance
Asia Society presents a talk by Arvind Subramanian on China's impending economic dominance.
When:
October 18, 2011 6:30pm to 8:00pm
In his new book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What if the renminbi's takeover of the dollar as the world's reserve currency is not decades, but mere years, away? And what if the United States's economic pre-eminence is not, as many economists and policymakers would like to believe, in its own hands, but China's to determine?
Subramanian's analysis is based on a new index of economic dominance grounded in a historical perspective. His attempt to quantify and project economic and currency dominance leads him to the conclusion that China's dominance is not only more imminent, but also broader in scope, and much larger in magnitude, than is currently imagined. He explores the profound effect this might have on the United States, as well as on the global financial and trade system.
This program will be moderated by Forbes.com writer Gordon G. Chang
Arvind Subramanian is Senior Fellow jointly at the Peterson Institute for International Economics and the Center for Global Development. He was Assistant Director in the Research Department of the International Monetary Fund. During his career at the Fund, he worked on trade, development, Africa, India, and the Middle East. He served at the GATT (1988–92) during the Uruguay Round of trade negotiations and taught at Harvard University's Kennedy School of Government (1999–2000) and at Johns Hopkins' School for Advanced International Studies (2008–10).
Buy the book here: http://asiastore.org/eclipse-arvind-subramanian.html
Can't make this program? Tune into http://asiasociety.org/live at 6:30pm ET for a free live video webcast. Online viewers are encouraged to send questions to moderator@asiasociety.org
Sponsored by Citi Foundation
Cost:
$10 members; $12 seniors and students (with ID); $15 nonmembers
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