• Challenges in Chinese Economic Development

Yasheng Huang, PhD, lectures on the economic challenges facing China

Monday, March 1, 2010
Munce Conference Room
20 Derne Street, Boston


Yasheng Huang is professor of political economy and international management at Sloan School of Management, Massachusetts Institute of Technology. His previous appointments include faculty positions at the University of Michigan and at Harvard University and consultant at the World Bank.

In addition to academic journal articles, Professor Huang has published Inflation and Investment Controls in China (1996), FDI in China (1998), Selling China (2003), Financial Reform in China (2005, co-edited with Tony Saich and Edward Steinfeld), and Capitalism with Chinese Characteristics (2008). Capitalism with Chinese Characteristics is a detailed narrative account of history of economic reforms in China and is based on archival and quantitative evidence spanning three decades of reforms. This book shows that private entrepreneurship, facilitated by financial liberalization and microeconomic flexibility very early on in the reform era, played a central role in China’s economic miracle. There is no evidence that China’s economic takeoff was state-led. The book predicted and discusses in detail the current economic challenges facing China. The book was selected by the Economist magazine as one of the best books published in 2008.

His research has been profiled in many publications, including the Wall Street Journal, The Economist, Businessworld, Le Monde, Economic Times, Daily Telegraph, Bloomberg, Businessweek, Guardian, The Australian, Canberra Times, The Standard, Financial Times, Times magazine, The Globalist  as well as in numerous Chinese publications and publications in Germany, France, Sweden, Romania, Brazil, and Russia. He has published opinion articles in Financial Times, New York Times, Wall Street Journal, Businessweek, McKinsey Quarterly, Forbes, Far Eastern Economic Review, Emerging Markets, and Foreign Policy.

He is currently working on a book manuscript on consumption and urbanization in China. In addition, using the newly-available household survey data, he is writing papers on rural finance and wealth creation and urbanization in China. In collaboration with other scholars, Professor Huang is undertaking joint research projects production of scientific knowledge, human capital in China and on ethnic and labor-intensive FDI.

At MIT Sloan School, Professor Huang founded and runs China Lab and India Lab, which aim to help indigenous entrepreneurs in China and India improve their management. He has held or received prestigious fellowships such as National Fellowship at Stanford University and Social Science Research Council-MacArthur Fellowship. He is a member of MIT Entrepreneurship Center, a fellow at Center for Chinese Economic Research and Center for China in the World Economy at Tsinghua University, a fellow at William Davidson Institute at Michigan Business School, a World Economic Forum Fellow, and a non-resident fellow for the OECD’s global development outlook project.

This event is sponsored by the Rosenberg Institute for East Asian Studies.  For more information about the Rosenberg Institute please click here.  For more information regarding this event please email Ron Suleski, Director, at rsuleski@suffolk.edu.


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