This should be good. David Dollar is one of the World Bank’s top economists.
How long can China’s economic miracle continue?
David Dollar, World Bank
Wednesday 21 March, 2.30-4pm
Crawford Lecture Theatre,Â Sir Roland Wilson Building, ANU
China has been the most rapidly growing economy in the world since initiating market-oriented reforms 25 years ago. In the past 15 years China accounted for 28% of all global economic growth, measured at purchasing power parity. This astounding growth has produced the largest poverty reduction in history. At the same time, the rapid pace of change has caused many dislocations. China faces serious environmental problems including water shortage and water pollution; rapid growth of energy use with resulting air pollution in major cities; and deforestation and desertification. Within a few years it will pass the US as the largest emitter of greenhouse gases, which is a concern for the whole world. There has also been a sharp rise in inequality, and less social progress in education and health than one would expect in a rapidly growing economy.
These various dislocations have given rise to a growing number of incidents of civil unrest and protest. David Dollar will discuss China’s prospects for continued economic growth and analyze the major challenges that the country faces, including measures to reverse environmental degradation and increase the social benefits of China’s growth.
David Dollar is World Bank country director for China, based in Beijing. He previously worked in the research department of the World Bank and in the economics department at UCLA. He has a BA in Chinese history and language from Dartmouth College and a PhD in economics from NYU.
Chair : Jenny Corbett (Director of AJRC)